Container cargo rollovers at the world’s top 20 ports increased by around 75 percent in December last year compared to the previous month. This is mainly due to the fact that lines struggled with the surge in volume and equipment shortages.
Average rollover rates at ports increased to 37 percent during the period, reaching almost 50 percent in some specific locations as well. These figures highlights the fact that demand almost dried up during the first half of 2020, due to the coronavirus pandemic, however, it picked up rapidly during the second half of the year.
Internationalfinance.com quoted Ocean Insights COO Josh Brazil as saying: “Of the 20 global ports for which Ocean Insights collates data, 75 percent saw an increase in the levels of rollover cargo in December compared to the previous month.”
According to Ocean Insights, the shipping lines with the highest rollover rates in December were CMA CGM with 51 percent and Ocean Network Express (ONE) with 50 percent. Container throughput in major ports across China continued to increase during the month of December. During the first 10 days of December, container throughput at China’s eight key ports increased 3.1 percent year-on-year.
Photo source: Dreamstime.com
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