Container line schedule reliability plunges to 35.8% in 2021
Container line schedule reliability dropped from 78% in 2019 to 63.9% in 2020, and then to 35.8% in 2021, marking a staggering drop from the pre-2020 levels.
Source: Container News
The average number of ships waiting per day at Asian ports increased from 13 in December 2021 to 22.5 per day last month. Source: Seatrade Maritime
The French ocean carrier CMA CGM has announced the implementation of new Peak Season Surcharges (PSS) for cargoes transferred from Europe to several ports of America. Source: Container News
Container spot rates from Asia to the US west coast spiked last week, ahead of the Chinese New Year holiday on 1 February. Source: The Loadstar
The crew has abandoned car-carrier Felicity Ace, which was ablaze off the Azores. The fire is estimated to have damaged cargo worth $401 million. Source: The Loadstar
Foreign container lines claim there’s an increase in direct port loadings at Indian ports due to improved cargo aggregation opportunities, presented by the modified cabotage policy. Source: The Loadstar
To promote the US exports and curb carriers’ power over bot container service and equipment fees charged to shippers, the U.S. Senate introduced a new, flexible version of the bill on Thursday. Source: Logistics Insider