Transpacific reliability to west coast better, but still unsatisfactory

While no vessels languished at anchor awaiting berths mid-week, there are bunch ups of two or three at weekends - a new phenomenon, reports Newark's Journal of Commerce.

Ships at anchor drop to zero for two or three days and then go back up to two or three over the weekend when the next round of vessels arrive from Asia on their weekly services, notes the Marine Exchange.

"The question is, when will that burp go away?" said Kip Louttit, executive director of the Marine Exchange. "It wasn't like that before."

SeaIntel data show that vessel reliability in the transpacific are improving, though container backlogs took the better part of three months to clear out.

Vessel reliability at west coast ports in April increased 17 per cent from March to 36.4 per cent. Vessel on-time performance in February was a dismal 12.5 per cent as vessel backlogs occurred at all west coast ports. By contrast, vessel reliability to west coast ports in July 2014, before the labour problems arose, was 80.5 per cent.

Vessel on-time performance to the east coast has flatlined in recent months around 58 per cent. It reached its peak in May 2014 at 72 per cent. So far this year, February was the only month where vessel reliability to east coast ports broke 60 per cent.

East coast ports such as New York-New Jersey and Norfolk have had their problems as well due to winter weather and a surge of diverted cargo from the west coast.

AADA is a voluntary discussion forum of ocean carriers serving the trade from north and east Asia to destinations in Australia.

AADA members are ANL Singapore, APL China Shipping, Cosco, Evergreen, Hamburg Sud, Hanjin Shipping, Hapag-Lloyd, Hyundai Merchant Marine, "K" Line, MSC, MOL, NYK Line, OOCL, PIL, Sinotrans, TS Line and Yang Ming.

Theo Asianshipper
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