LONDON ship broker's clarksons Port Congestion Index hit a new high of 37.3 per cent of containership capacity on October 21 on a seven-day moving average compared to a pre-Covid average of 31.4 per cent, reported Hellenic Shipping News Worldwide.
'Disruption to global logistics and supply chains remains widespread, with port congestion a major contributor to the record freight rates in a number of shipping segments and to our ClarkSea Index,' said Clarksons Research chief Steve Gordon.
Mr Gordon was working from a cross shipping segment charter index for global shipping, reaching a 12-year high of US$42,114/day so far in October.
Congestion trends at containership ports are most acute. he said. Key congestion 'hotspots' across the container network include China (where containership capacity at port totalled 2.6 million TEU on October 21, up more than 50 per cent on the 2016-19 average of 1.7 million TEU) and the west coast of the US where capacity at port totalled 0.87 million TEU on October 21, almost three times the 2016-19 average of 0.32 million TEU.
In the UK, the level of containership capacity at port reached 0.22 million TEU on October 17, up 50 per cent on the average in the year to date, though this has since eased back to 0.15 million TEU on October 21, Mr Gordon said.
SeaNews Turkey
'Disruption to global logistics and supply chains remains widespread, with port congestion a major contributor to the record freight rates in a number of shipping segments and to our ClarkSea Index,' said Clarksons Research chief Steve Gordon.
Mr Gordon was working from a cross shipping segment charter index for global shipping, reaching a 12-year high of US$42,114/day so far in October.
Congestion trends at containership ports are most acute. he said. Key congestion 'hotspots' across the container network include China (where containership capacity at port totalled 2.6 million TEU on October 21, up more than 50 per cent on the 2016-19 average of 1.7 million TEU) and the west coast of the US where capacity at port totalled 0.87 million TEU on October 21, almost three times the 2016-19 average of 0.32 million TEU.
In the UK, the level of containership capacity at port reached 0.22 million TEU on October 17, up 50 per cent on the average in the year to date, though this has since eased back to 0.15 million TEU on October 21, Mr Gordon said.
SeaNews Turkey
