Analyst eeSea said that its Blank Sailings Tracker showed that 1.7% of head haul services on the three main east-west trades have been cancelled in February, which includes CNY, and in March this figure falls to 0.6%.
eeSea said that effective capacity in January 2021 on the main east-west head haul trades was up 7.6%, over the same period in 2020, when Covid-19 was only starting to make an impact on the Chinese market in the run-up to CNY.