Heavy September Cargo Rollovers at Asian Transshipment Box Ports

Supply chain disruption due to container rollovers at leading Asian transshipment ports eased marginally for shippers in September compared with August but remained far higher than the same period last year at most hubs, according to Ocean Insights. And early indications for October suggest that significant rollovers and subsequent supply chain disruptions will continue deep into the fourth quarter.

In most leading Asian container shipping hubs, between a fifth and a third of transshipment cargo was subject to rollovers, adding to the supply chain disruption experienced by shippers in many parts of the world due to capacity and equipment shortages.

“Container lines were taken by surprise by the surge in demand for shipments as coronavirus lockdowns were eased during the summer,” said Josh Brazil, Chief Operations Officer at Ocean insights. “Schedules are clearly still suffering significant disruption and, in many ports, this is being exacerbated by equipment shortages, which are adding to rate inflation and logistics bottlenecks and inefficiencies.”

Read more in an article from Lloyd’s Loading List.

Source: CIFFA (16-10-2020)

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