Space and equipment Shortages continue into the new year as market demand consistently exceeds supply. Space and equipment remain very tight due to frequent blank sailings and port omissions. Carriers are overcommitted and are limiting booking acceptance or rolling shipments. With continuous vessel delays and shifts, schedule reliability is very low and delays for pre-CNY sailings will have a significant impact into the post-CNY period.
Rates Rates have increased slightly in the first half of January and are expected to go up further in the second half of January due to the traditional pre-CNY peak season.
Space Extremely critical space situation
Capacity/Equipment Severe equipment shortage across all Asia origins.
Recommendation Book at least 3 to 4 weeks prior to CRD. Consider premium options, which may be limited. Be flexible regarding equipment.
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