# Ports pivot as ship lines “blank” sailings to control capacity, shave costs, prop up rates | 2020-07-24 | DC Velocity

> Ocean carriers have canceled sailings at record levels during the coronavirus pandemic to control capacity and cut costs. Vessels have been laid up, slow-steaming has been used, and ship orders have been cut. Ports have reset operations to handle fewer vessel calls.

- Date: 2020-07-24 · published 2020-07-24T12:00:00.000Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/10477-ports-pivot-as-ship-lines-blank-sailings-to-control-capacity-shave-costs-prop
- Commodities: [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

Blank sailings support ocean freight rates and tighten container capacity for shippers. Effects on feed commodity prices are indirect.

## Sources

- dcvelocity.com: https://www.dcvelocity.com/articles/46648-ports-pivot-as-ship-lines-blank-sailings-to-control-capacity-shave-costs-prop-up-rates

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.