Innovating Newsletter: Port Performance – Mega and Non-Mega Vessel Comparison

Sept. 28, 2018

 |  Insights

As ocean carriers continue to deploy larger vessels, we took the opportunity in this month’s issue of CargoSmart’s Innovating to compare the performance of mega vessels and smaller vessels during this year's peak season and last year's peak season. We also reviewed carriers’ schedule reliability in August and reviewed the impact of Super Typhoon Mangkhut on the ports of Hong Kong and Shenzhen.

Please find below highlights from this month's issue and download the full issue.

Hightlights:

  • Port Performance – Mega and Non-Mega Vessel Comparison
    We reviewed data for the ports of Rotterdam, Yantian, and Los Angeles. We analyzed port performance by the number of vessel arrivals, total TEU capacity of the vessel arrivals, and vessel arrival delays. Overall, we found that monthly average vessel arrival delays grew longer for the most part when comparing the months of June, July, and August in 2017 to June, July, and August in 2018 despite fluctuations in the numbers of mega and non-mega vessel arrivals at the three ports. However, Rotterdam’s mega vessel arrival delays grew shorter in June and July of 2018, even though it had an increase in the number of mega vessel arrivals compared to the same months in 2017.
  • Carrier Reliability Report
    We reviewed the schedule reliability of 20 ocean carriers across 13 trade lanes. Overall reliability decreased by 5.7%, from 66.6% in July to 60.9% in August.
  • World Incidents – Super Typhoon Mangkhut
    We reviewed the impact of Super Typhoon Mangkhut on the ports of Hong Kong and Shenzhen. We found that due to the storm and port closures, 3.5% of the vessels scheduled to arrive at Hong Kong skipped the port and 7.0% of the vessels scheduled to arrive at Shenzhen skipped the port.

 

View the full  December report  (PDF)

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