The Switzerland-headquartered global transport and logistics company Kuehne+Nagel has announced the launch of the Seaexplorer disruption indicator to measure the efficiency of the world container shipping networks.
The indicator shows the cumulative TEU waiting time in days in the ports of Prince Rupert, Vancouver, Seattle, Oakland, Los Angeles and Long Beach, New York, Savannah, Hong Kong, Shanghai, Ningbo as well as Rotterdam and Antwerp.
Kuehne+Nagel used an example to demonstrate how the indicator is determined: One vessel with 10,000 TEU capacity waiting 12 days to enter a port equals 120,000 TEU waiting days. In addition, another boxship with 5,000 TEU waiting 10 days to enter the same port, equals 50,000 TEU waiting days. Hence, the total TEU waiting time is 170,000 TEU waiting days.
The disruption indicator provides insights as well as advanced analytics and trends on the current situation impacting global trade. It is an extension of the visibility that Kuehne+Nagel’s Seaexplorer provides on global sea freight disruptions.
Currently, the indicator reflects a waiting time and scale of 11.6 million TEU days, a persistently high level. In these nine specific ports, normal would be less than one million TEU waiting days.
At present, roughly 80% of the disruption is associated with North American ports, according to the logistics company.
In addition, there are currently 612 container vessels at anchor or drifting in front of major global ports, according to the latest Seaexplorer data.
“The trendline information provided by the indicator enhances the ability of our customers to predict and plan for likely future impacts on their supply chain and identify the best course of action,” stated Otto Schacht, member of the Management Board, Kuehne + Nagel International, responsible for Sea Logistics.
“With the indicator, we have implemented a new level of data analytics for sea logistics,” commented Schacht.
