‘There could be carnage’: Momentum rising on Asia-Europe trade as US shippers redirect cargoes

Container shipping capacity on trades from the Far East to northern Europe is set to hit an all-time high this week.

Capacity deployed on the trade will beat the record set during Covid-19 disruption in November 2021, when 336,800 teu of capacity was offered, according to Xeneta estimates.

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That record is expected to be broken over the week starting on 14 April, although the total will not be known until ships have left the Far East.