Liner shipping service reliability across the three core East-West trades hit a five-month peak in March with an aggregate on-time performance of 64 percent, according to Carrier Performance Insight, the online schedule reliability tool provided by Drewry Supply Chain Advisors.
Despite positive growth momentum, the container shipping industry continues to suffer new, big ship deliveries with no let-up to the ordering frenzy according to the Container Forecaster, published by Drewry Maritime Research. Drewry forecasts another year of excess growth in relation to demand in 2015. This will make it harder for carriers to repeat the estimated 92 percent load factors across the main headhaul East-West trade lanes achieved in 2014.
Import cargo volume at the nation's major retail container ports is expected to rise 8 percent this month over the same time last year as West Coast ports continue to recover from a backlog of cargo that built up before a tentative new labor agreement was signed, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.
Global dry cargo demand growth, forecast at 5 percent per annum from 2016 to 2019, should be offset by falling project cargo volumes over the next 12 to 18 months, according to the latest edition of the Multipurpose Shipping Market Review and Forecaster, published by Drewry Maritime Research.
Container shipping profitability is expected to improve in 2015, despite record vessel deliveries, driven by lower unit costs, according to the latest edition of the Container Forecaster, published by shipping consultancy Drewry.
Container freight rates for cargoes moving under contracts on major East-West routes have continued to erode, but at a slower pace than previously, according to the results of Drewry's Benchmarking Club.
Maersk Line and Hamburg Süd are ranked as the two most reliable container shipping carriers, according to performance rankings in the new online version of the Carrier Performance Insight (http://cpi.drewry.co.uk) published by shipping consultancy Drewry.
With most holiday merchandise safely in the country despite significant congestion impacting West Coast ports, import cargo volume at the nation's major retail container ports is expected to continue to slow down this month, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.
The operational performance of the world's container terminals shows wide variation depending on location, terminal size and traffic type, according to the Container Terminal Capacity and Performance Benchmarks report published by shipping consultancy Drewry.
Import cargo volume at the nation's major retail container ports is expected to slow down this month following record levels seen in September and October as retailers rushed to bring merchandise into the country ahead of a possible shutdown of West Coast ports, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.