The Australian Competition & Consumer Commission's recent Container stevedoring monitoring report 2020-21 has revealed the weak points in the Australian supply chain. A high-level meeting was subsequently called by the Department of Home … [Read more...]
The supply chain crisis… is really a port congestion crisis
The ocean shipping industry is aware that the current market is, for a lot of importers and exporters, profoundly upsetting. It’s no secret that there are a lot of problems right now. There are three main reasons why: ship operating costs … [Read more...]
Ship operating costs up 773%, demand up, supply up, congestion up, shipper propaganda up
Current market conditions are caused by a huge surge in the demand for container transport. On the supply side, box port congestion and poor container port performance are reducing the supply of shipping. The costs to operate a ship are … [Read more...]
Congestion is causing vessel delays that are equal to removing ALL ultra-large container ships from the market
Unprecedented congestion and the resulting delays to vessels have the effect of removing vast amounts of capacity from the world container shipping fleet, internationally respected maritime analyst company Sea-Intelligence has indicated. Using … [Read more...]