Market Update
On the transatlantic trade, the average delay is now 10 days, due to this situation, we see continuous blank sailings so
that the boats should be able to get more right in their sailing schedule.
This raising the prices in both the short and long term because demand is higher than capacity.
Globally, schedule reliability has hit its previous lowest listing by 35% in February, the average delay is 6.75 days.
The Oceania trade is very fully booked the rest of Q2.
Congestion and delays in US & European ports due to bad weather, draft restrictions, Cov-19 related labor shortage and trucker shortage in US/CA.
Booking stops by Carriers for Sailings in April & May, due to heavy backlog of bookings.
Severe Equipment shortage in Europe (deteriorating due to Suez Canal incidence)
Please ensure to book well in advance 4-5 weeks.
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