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The number of flights from Asia to the Middle East has been reduced by nearly 50%

Time:2021-09-24 Publisher:Kevin Num:3805

This year, foreign trade has recovered and the demand for import and export has been rising. This has led to a boom in the global shipping industry.

 

In this context, many routes are very popular, such as Asia North America. But some routes are very unpopular, including Asia Middle East routes.

 

According to the latest market report released by alphaliner, no shipping company can provide liners for Asia Middle East routes.

 

It is understood that according to the transportation plan, this route should require at least 50 ships. But in fact, there are less than 30 ships on this route.

 

Some experts believe that the shipping market is too hot now. The shortage of ships makes the transportation capacity insufficient. Coupled with port congestion, shipping companies often choose routes with higher profits for cargo transportation.

 

It is understood that many shipping companies have cancelled nearly 50% of the flights on the Asia Middle East route.

 

Alphaliner also gave his own view: "at present, the transport capacity of Asia Middle East route is seriously insufficient, which is not only the result of port congestion and epidemic rebound."

 

"In fact, many shipping companies have redeployed routes and invested their ships in routes with higher profits and higher demand, such as Asia North America and Asia Europe."

 

Some experts took out a set of data for comparison. The freight rate from Shanghai to Jebel Ali port is US $4000 / TEU, while the freight rate from the same origin to the west coast of the United States is US $20000 / TEU. Such a contrast gap is obvious.

 

Not only the Asia Middle East route, but also the Asia red sea route is affected.

 

According to statistics, this route originally needed 17 ships to operate, but now there are only 8, a decrease of 50%.

 

Insiders said that if shipping companies put their ships into routes with large profit margins, port congestion may be exacerbated. Moreover, many regional trade markets will be hit hard.

 

According to Alphaliner's statistics in August, the capacity of African routes decreased by 6.5%. The coverage of Latin American routes has also decreased.

 

In view of the above, GLA Family suggests that shippers and freight forwarders should pay attention to the recent global route changes to ensure the safe and timely transportation of goods.

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