You Searched For "SeaIntelligence"

On Transpacific, utilisation dropped below 90% for much of 2022, becoming a catalyst for the freight rate decline.

Even with 26-31% capacity reduction on Transpacific & 19-27% on Asia-Europe, rates continue to fall: Sea-Intelligence

Physical shortage of capacity that drove freight rates up is no longer an issue.

Maersk was the most reliable carrier in August with a schedule reliability of 53%.

Peak reduction following Golden Week was 15-17% in 2019, and average of 9-11% in 2014-2018.

"This is not only higher than combined Q2 EBIT of past 11 years but is also right at the top with Q421 & Q122 EBIT."

As transportation time is now getting shorter, additional containers will be released back out of the supply chain.

Average delay for late vessel arrivals have been dropping sharply so far this year.

There was, however, a 4% increase in June 2022, says Sea-Intelligence

Maersk was the most reliable carrier with schedule reliability of 49.5%.

With the market on a decline in terms of supply/demand, shift in sailing distance impact becomes an added element.

Blank sailings have been traditionally used as a tool by container shipping lines to manage supply and bring it down in line with demand."Over the...