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Supply chain pressure to persist through 2022
Global supply chains remain under pressure. With the war in Ukraine and China’s zero Covid policy, delays and protracted supply shortages will cloud this year’s trade outlook. Goods logistics should enter a phase of moderation as delays, rerouting, high transport costs and lower consumer demand all weigh on global merchandise trade.
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Where are the containers? Review of April 2022
Major maritime congestion in China was reported after the country announced lockdowns after a rise in Covid-19 cases. The number of vessels waiting at the ports were 195% higher than in February 2022.1
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Global Supply Chain Disruptions
Overview of global supply chains, which have gone through many stresses: the US-China trade and tech war, the COVID-19 pandemic, and now the evolving economic sanctions on Russia following its invasion of Ukraine.
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Container freight rates and logistics challenges in the Mediterranean
Since the second half of 2020, there has been a dramatic increase in container shipping freight rates, including a surge in surcharges and fees. Although most of the congestion and held-up capacity is anchored or in ports in North America, freight rates have increased even more in other regions, including in the Mediterranean.
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PORTS AND TERMINAL
Port congestion in Europe continues to worsen
Port congestion in North Europe continues to worsen Very high yard densities at North European container terminals and inland transport...
Terminal and Intermodal Congestion is worsening
Sea Intelligence recently analysed the development in congestion related to both container terminals as well as intermodal congestion related to...
Shipping profit margins accelerate
Container carriers’ operating margins accelerated at a greater speed in the third quarter, with the average ratio booked by the...
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