37% of all containers are rolled over, Ocean Insights
According to a new research from data tracking firm Ocean Insights, more than one in three containers shipped globally in December were rolled-over at transhipment hubs.
The level of rollovers is calculated on the basis of percentage of cargo from a line that left port on a different vessel than originally scheduled. Average rollover rates at ports surveyed by Ocean Insights increased to 37% in December and in some ports went past the 50% mark.
“Of the 20 global ports for which Ocean Insights collates data, 75% saw an increase in rollover cargo in December, compared with the previous month,” said Ocean insights’ chief operations officer, Josh Brazil.
The figures from Ocean Insights illustrate the impact the collapse in demand in the first half of last year followed by a 30% surge in demand in the second half of 2020, and a resulting shortage of containers that has left shippers scrambled for equipment to ship their goods in.
It was a slightly different picture for carriers, however, with an industry average of 35% of shipments rolled at transhipment ports.