Innovating Newsletter: 2018 Top Port Performance
Jan. 30, 2019
This month, we took a look back at 2018 in terms of port performance and schedule reliability. Shippers faced many challenges in 2018. As we reviewed in CargoSmart’s Innovating throughout the year, the US-China trade war partly led to an increase in volumes from China to US and there was an increase in vessel arrival delays in the US. Severe weather systems from Super Typhoon Mangkhut to Tropical Storm Jongdari impacted ports from China to Japan. And, carriers deployed more mega vessels on key routes.
- 2018 Year-in-Review – Port Performance: We analyzed the performance of the top 10 global ports by the number of vessel arrivals, vessel arrival delays, vessel departure delays, and berth times. Among the top 10 ports, Jebel Ali had the shortest vessel arrival and departure delays, and Hong Kong had the shortest berth times.
- 2018 Schedule Reliability: We reviewed schedule reliability for the year of 2018. The scope of the study included the schedule reliability of 20 ocean carriers across 13 trade lanes and eight discharging port regions. Overall reliability for the year was 62.3%. We also found that the Europe-Middle East trade lane was the most reliable and that the Middle East port of discharge region had the highest schedule reliability in 2018.
- Carrier Reliability Report: Looking at reliability for the month of December, we reviewed the schedule reliability of 20 ocean carriers across 25 trade lanes, covering our expanded scope for the month of December. Overall reliability decreased by 0.9%, from 66.6% in November to 65.7% in December.
- World Incidents – Valparaiso Strike: We analyzed the impact of the 35-day strike that ended on December 21 at the Port of Valparaiso in Chile. We found a drop in vessel arrivals in November an increase in berth times in November and December.
January report for detail