Ocean Carriers Increase Blank Sailings as Post-Holiday Demand Slumps
Ocean freight carriers are significantly increasing the number of cancelled voyages, known as blank sailings, on major global trade routes. This action is a direct response to a sharp downturn in shipping demand following the Chinese New Year period. By proactively managing capacity, carriers are attempting to stabilize falling freight rates. This strategy, however, is creating significant uncertainty for shippers and disrupting global supply chain planning. The increase in blanked sailings is particularly notable on transpacific routes.
Official Source: https://theloadstar.com/blanked-sailings/
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