The current wave of announced blank sailings is caused by the sharp decline in demand from Europe as virtually all European countries have implemented full or partial lockdown measures. Some sources report that on the Europe – Far East trade on average a quarter of the sailings is blanked in the coming six weeks or so.
The graph shows the implication of a blanked sailing on the missed TEU volume in a typical European port of call. Depending on the ship size used and the share of containers transhipped, one blanked sailing on the Far East trade results in a throughput decrease in the port of call of between 8,000 and 18,000 TEU.
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