Drewry Begins Tracking Weekly Container Ship Cancelled

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The weekly Cancelled Sailings Tracker provides a snapshot of blank sailings announced by each Alliance versus the total number of scheduled sailings, says a report published in Drewry.

Detailed assessment provided

Further to the snapshot below, you may be interested in an annual subscription to our Cancelled Sailing Weekly Insight which provides detailed assessments and analysis by main trade and alliance. Weekly reports include port waiting time events for Los Angeles and Long Beach, and year-on-year comparison.

Cancellation announced

Across the major trades: Transpacific, Transatlantic, and Asia-North Europe & Med, 24 canceled sailings have been announced between weeks 31 and 34, out of a total of 496 scheduled sailings, representing a 5% cancellation rate. Over the next 4 weeks, The Alliance has announced 11.5 cancellations, followed by 2M and Ocean Alliance with 7 and 5.5 cancellations, respectively.

High rate accepted

The summer peak season is now adding further stress to an already overwhelmed supply chain. With carriers cutting weekly contract allocations, shippers and BCO’s find themselves having to accept the very high rates and various additional premiums to stand any chance of their cargo being loaded on time.

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Source: Drewry