Sea-Intelligence uses its empty sailing tracker to look at how carriers have responded (in terms of empty ships) to the decline in demand, particularly in imports to North America and Europe.
Figure 1 shows a snapshot of additional reported (or unreported, maritime-intelligence-recorded) empty boats during week 42-52 of the last 2 weeks. More simply put, they looked at empty boats from 42-52 weeks and from week 44 (the last week at the time of writing) to 42-52 weeks.
“What we see here is a dramatic increase in empty boats in the Pacific, but not as much in Asia-Europe. There are 34 additional empty boats on the Asia-North America West Coast and 16 additional empty boats on the Asia-North America East Coast. The first category, carriers 7-11 In all but 5 weeks of the period analyzed, additional empty boats have been announced, however, in weeks 51 and 52, companies have not planned empty boats to the West Coast of Asia-North America. Companies’ indecision on how to handle the rush ahead of Chinese New Year suggests a wait-and-see seasonal peak in demand. rather than approach.
“However, we do not see a similar trend in Asia-Europe, with only 6 additional empty boats in Asia-Northern Europe and 4 additional empty boats in Asia-Mediterranean.”
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