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Intra-Europe, intra-Asia and container services to Africa have taken a beating as liner operators diverted vessels to the more lucrative Asia-Europe and Transpacific lanes over the past year.
Alphaliner’s latest report, released on August 24, stated that as of August 1, intra-Europe capacity had declined by 14% year on year. The contraction for intra-Asia and African services was 10% and 4%, respectively.
Read more in an article from Container News.