Liner operators will reinstate 49 sailings on the transpacific and Asia-Europe trade in the third quarter of the year.

The lion's share will comprise sailings by members of THE Alliance, which were "too aggressive" in cancelling sailings earlier in the year, Sea-Intelligence said.

THE Alliance members will account for two-thirds of sailings cancelled due to the coronavirus but will be reinstated from July to the end of September, the analyst estimates.

"This goes to show that THE Alliance blanked capacity too aggressively and have dialled it down keeping in line with the other alliances," Sea-Intelligence said.