Blank Sailings

Given transit times and the need to provide pre-notification to shippers, Sundboell told FreightWaves that “the latest notice for blank sailings with in early July would be around mid-May to early June.” In other words, the scope of July cancellations will be revealed over the next few weeks.

The good news is that blank-sailing announcements have been waning.

According to Alan Murphy, CEO of  SEA INTELLIGENCE  “Over the last week, carriers have only announced an additional six blank sailings across the main deep-sea trades, which clearly shows that we have reached a plateau, where carriers are now only blanking very few additional sailings, and for the moment are satisfied that the currently announced blank-sailings program is sufficient to underpin the freight rate levels.”

Over the last week, carriers have only announced additional  blank sailings across the main deep-sea trades, which clearly shows that we have reached a plateau, where carriers are now only blanking very few additional sailings, and for the moment are satisfied that the currently announced blank-sailings program is sufficient to underpin the freight rate levels.”

Blank Sailings will increase 25 %