DEEP-SEA CARRIERS STILL SET TO SUFFER IN ASIA

摘要

The average utilisation of all vessels sailing from Asia to West Africa (defined as ports between Monrovia (Liberia) and Luanda (Angola) inclusive) is expected to reach 95% in Ql 12, assuming another year of strong cargo growth (upl5%). It is expected to peak at 99% in Q3 12 before falling back slightly to 93% in the final three months of the year. Although this should theoretically put ocean carriers in a very strong freight rate negotiating position, direct service providers, whose schedule reliability has never been good, face increasing competition from transhipping cargo in the Mediterranean.