Cargo rollovers rise as Maersk rolls more than 1 in 3 shipments in October

Dive Brief:

  • The rate of rolled cargo at transshipment ports increased in October to nearly 29%, up from almost 27% in September and more than 22% in October 2019, according to figures in an emailed release from Ocean Insights, a company that tracks containers.
  • MSC’s rollover ratio increased to nearly 23% in October from more than 16% in September, while Maersk’s ratio rose to more than 35% in October from nearly 33% in September. Ocean Insights’ figure measures the percentage of cargo that left a port on a different vessel than originally scheduled.
  • The second-busiest port in the world, Port of Singapore, saw an increase in its ratio to more than 31% rolled cargo in October from more than 30% in September. But some areas did see improvement, including the busiest port in the world, Port of Shanghai, which had its ratio improve to less than 23% in October from almost 26% in September.

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Source: Supply Chain Dive