Sea-Intelligence

Global reliability continues to decline and at the same time, delays are getting longer. This means we continue to see more of the global fleet effectively be removed, and it is now almost as bad, as during the initial Red Sea disruption. To follow the Sunday Spotlight, please contact info@sea-intelligence.com for further information. #seaintelligence #containershipping #reliability #delay

Issue 158 of Sea-Intelligence's Global Liner Performance (GLP) report is now available, and Global Schedule Reliability in September decreased to 51.4%.  Meanwhile, the average delay for late vessels increased, now reaching 5.67 days, the highest level outside of pandemic period. For the full report, please contact info@sea-intelligence.com for a subscription #seaintelligence #containershipping #realibility #GLPreport

The latest data from the US Census Bureau shows that there is a consistent inventory increase in the retail sector. Not only are retailers increasing inventories, the pace of increase has also quickened. To follow the Sunday Spotlight, please contact info@sea-intelligence.com for further information. #seaintelligence #containershipping #inventory #growth

US retailers continue to grow inventories beyond what sales accommodate for. Compared to the inventory trend since after the financial crisis, inventories are now overshooting by 26 billion USD – the largest overshoot since the financial crisis. To follow the Sunday Spotlight, please contact info@sea-intelligence.com for further information. #seaintelligence #containershipping #inventory #growth

From a network design perspective, for every weekly deep-sea liner service, one vessel would be scheduled to depart from an origin region each week. However, a shipping line can have multiple vessels departing in the same week, on the same service. We term this phenomenon as “vessel bunching”, and it is defined as the number of sailings in a given week in excess of the number of weekly services. To follow the Sunday Spotlight, please contact info@sea-intelligence.com for further information. #seaintelligence #containershipping #network #scheduling

It is well-known that all deep-sea trades, to some degree, tend to be lopsided, with one end of the trade importing more than they are exporting. In issue 686 of the Sea-Intelligence Sunday Spotlight, we analysed developments in trade imbalances and back-haul utilisation, in the post-pandemic period. To follow the Sunday Spotlight, please contact info@sea-intelligence.com for further information. #seaintelligence #containershipping #utilisation #imbalance

Global imbalances between head-haul and back-haul volumes have deteriorated sharply compared to pre-Covid. The five largest trades are all experiencing this trend. To follow the Sunday Spotlight, please contact info@sea-intelligence.com for further information. #seaintelligence #containershipping #trade #imbalance

Fortunately, the long-feared strike in the US East Coast ports, ended after just three days of strike. As the strike was quite short-lived, the impact was much less than the worst fears, but nonetheless, the 3-day strike did cause vessels to queue, which will have a negative impact on the availability of capacity in origin regions. To follow the Sunday Spotlight, please contact info@sea-intelligence.com for further information. #seaintelligence #containershipping #USEC #strike #capacity

The long-announced strike from the ILA union was put into effect on October 1st, as expected.  After 3 days, the strike was then ended, as the ILA and the USMX, reached a temporary agreement. The agreement was seemingly firm on salary increase, but also mentioned that other matters were still not resolved, and thus there is a new deadline of January 15th to get those resolved. To follow the Sunday Spotlight, please contact info@sea-intelligence.com for further information. #seaintelligence #containershipping #USEC #strike 

As the strike by the ILA at the US East Ports is now in Day Two, we have analyzed the impact that the length of the strike will have on the Global Fleet and the weekly capacity in TEU terms. An unrestricted copy of the USEC strike analysis can also be found at: https://lnkd.in/dskwR5Ju To follow the Sunday Spotlight, please contact info@sea-intelligence.com for further information. #seaintelligence #containershipping #USEC #strike #capacity