Despite a year-on-year cellular fleet growth of 3.8% as per 1 August, three trades have shown a significant reduction over the past twelve months.
The total capacity of cellular ships deployed in dedicated intra-European services was down 14.2% compared to last year.
The two other regions with a reduced offering are intra-Asia services (-10.3%) and all Africa-related services (-4.3%).
A similar survey carried out at the beginning of the year showed these were exactly the same three trades where capacity was cut in 2021.
When comparing the results of the January and August surveys a relatively small increase in the fleet deployed on the Transatlantic (3%) and the Middle East/Indian Subcontinent (+1%) resulted in 8.5% and 8.6% more capacity than a year ago.
The 5% reduction seen in Europe last year has risen sharply to 14.2% in our new survey.
The withdrawal of nearly 150,000 teu slots from intra-European services can only partly be explained by the Ukraine conflict and the closure of many regular services to/from Russia.
Source: Alphaliner