Shipping - Page 74

When annualised against 2019, volume growth on NAWC saw contraction in Sept 2022 & the trend continued into Oct and Nov

Blanked sailings from Asia to U.S. West Coast more than six times higher than weeks leading up to holiday in 2019

Organisational structure shaped around 15 roles and areas of responsibility

Chances of new strikes are high due to inflation-related rise in prices putting pressure on workers’ disposable incomes

58% blank sailings will be occurring in Transpacific Eastbound & 31% on Asia-North Europe and Med

"Spot rates have continued to fall on a weekly basis, rapidly closing in on five-year 2015-19 averages."

Cargo volumes may recover once businesses have adjusted inventory levels, unlikely to improve supply/demand balance

Cargo handling in the calendar year 2022 at an all-time high in TEUs & tonnage.

Coastal Thermal Coal handling has shown a 58% growth in comparison to the previous fiscal and it also constitutes about 31% of the total cargo volume...

MSC, Maersk only carriers with schedule reliability above 60%

Prices to U.S. East Coast fall on easing demand and congestion; rate of decline slows in December

India, Singapore, Vietnam & Malaysia emerge as prime alternatives for companies to increase supply chain capacity