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80% of world trade cargo are arranged under container ship, and 16% cargo in the world trade are from China (data 2017)
So we can say ,container shipping from China indicate the world economic situation.
After FEB 2020 ,the container shipping becomes diffirent .
THE blanking of half of all headhaul sailings since the Chinese New Year to reign in the spread of the coronavirus has led to severe equipment shortages in the US and Europe.
For example ,many carrier change their calling schedule in China, before at least weekly calling SHANGHAI/SHENZHEN ports, now maybe reduce to
3 sailing per month only .
For container shipping from China to Africa , maybe reduce to 2 sailing per month
In a separate development, China's prolonged factory shutdown dented container traffic in February at the ports of Los Angeles and Long Beach.
At Los Angeles imports dived by 22.5 per cent last month, compared with February 2019, to 270,025 TEU, while exports dropped by 5.7 per cent . Empty container movements fell by 35 per cent
However, notwithstanding hopes of a "v-shaped" recovery among ports and carriers, one leading liner analyst is warning that the industry is facing a contraction in global container volumes not seen since the financial crash of 2008.
from 2008 to 2020 , just 12 years ,now it is difficult time for all industry not only for container shipping .
We expect market will pick up soon as year 2008 after finacial crisis
if you have question on the container shipping, please contact us via
alex@ol-log.com