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market1 min readSource: The Loadstar
Delays mount as port disruption in Asia ties up 3m teu of box capacity
#shipping#port-disruption#asia#container-capacity#typhoons#supply-chain#logistics
A surge in vessel delays, driven by typhoons and port disruption in Asia, has left 8.5% of the global container fleet effectively unavailable. New analysis from Sea-Intelligence suggests this equates to some 3m teu of vessel capacity – a fleet roughly equivalent in size to that of the world’s fifth-largest carrier. Schedule reliability fell to just below 50% in August, following an already sharp deterioration in July. Sea-Intelligence said reliability had fallen 12.7% ... The post Delays mount as port disruption in Asia ties up 3m teu of box capacity appeared first on The Loadstar .