Red Sea update: fleet shortages and port congestion
Today's Financial Times makes interesting reading for Davies Turner and anyone using container shipping to manage their international supply chains.
The publication reports that container shipping lines are struggling to cope with congested ports and shortages of ships as the crisis in the Red Sea drags into a third month.
Jeremy Nixon, chief executive of Japan’s Ocean Network Express, said many shipping lines were facing scheduling problems as a result of most container lines not using the normal Asia-to-Europe route through the Red Sea and Suez Canal, as a result of the ongoing attacks by Yemen’s Houthis.
Nixon says that vessels were frequently arriving at ports on days when they were not scheduled, leading to berthing clashes, the FT reports. Nixon adds that extra pressure is being seen in crucial hub ports in Asia and the Mediterranean, stating that his line has too few ships to maintain its normal, weekly services on the diverted route from Asia to Europe and back via the Cape of Good Hope, which he says needs the deployment of 16 ships for a weekly service, instead of the normal 12.
Davies Turner is committed to helping clients manage this difficult situation and mitigate where possible additional costs incurred. Our oceanfreight team will endeavour to keep in close contact with all clients to provide up-dates on specific movements.
For more information about Davies Turner’s With our comprehensive portfolio of international container shipping services, please contact ocean@daviesturner.co.uk or visit the relevant pages of this website.
Red Sea update: fleet shortages and port congestion
_325x180.jpg#82;brand;325;180)