Bottlenecks in almost all maritime trades, says Sea-Intelligence

Date Added: 9 November 2021

As a provider of global ocean freight forwarding services, Davies Turner notes that the Danish research and analysis company Sea-Intelligence has conducted an investigation to examine how bottlenecks in the maritime supply system have impacted vessel delays.

Sea-Intelligence analysed data from the October 2021 Global Liner Performance (GLP), set a baseline for vessel delays using data from 2016-2019, and then compared delays in excess of that baseline for 2020 and 2021.

The data show how the delays have developed over the period between January 2019 to September 2021. While there was an initial pandemic increase in delays during the first half of 2020, after a brief period of improvement in summer 2020, the delays then escalated significantly in late 2020 and early 2021, according to the report.

Sea-Intelligence analysts noted that the problems continued to worsen in the summer and Autumn, with the peak of 3.93 days reached earlier in August.

The company questioned whether the global average is representative of all trade lanes, and reported a very large spread across the trades that were analysed, with most trades showing very large increases in delays, indicating that the congestion problems leading to delays are indeed prevalent globally and not isolated to just a few large key trades.

Nonetheless, it can also be seen that a few individual trades are not impacted, and essentially have the same magnitude of delays as they had before the pandemic.

According to Sea-Intelligence, these relatively less impacted trade lanes are mostly connected to South America, from both Europe and North America.

For more information about Davies Turner’s ocean freight forwarding and logistics services, please contact [email protected] or visit https://www.daviesturner.com/ocean

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