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Ocean Carrier Report May 2022

Monthly Ocean Carrier Report – May 2022

Global carriers turn focus to service reliability as Chinese exports falter. Delays from China on the decline as the impact of lockdown measures ease. Meanwhile, carrier lead times are falling on key China-US West Coast and Asia-Europe trade lanes. Blank sailings on the rise as carriers move into low season and exports slow. Rates and vessel delays down from the first quarter peak.