Global Shipping Capacity Redirected to Asia and Africa, Sidelining US Trade Routes
A significant shift is occurring in global container shipping as new vessel capacity is increasingly deployed on non-US trade lanes. According to recent data, routes to and from Asia and Africa are absorbing the majority of new tonnage. In contrast, the major transpacific and transatlantic trades have seen little to no capacity growth over the past year. This strategic reallocation by ocean carriers reflects evolving demand and a focus on more profitable, growing markets. The trend indicates a stagnation in US-centric shipping routes while other global corridors expand.
Official Source: https://theloadstar.com/asia-and-africa-soak-up-new-shipping-capacity-as-us-trades-tread-water/
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