Home
FacebookTwitterSearchMenu
  • Subscribe
  • Subscribe
  • News
  • Features
  • Knowledge Library
  • Columns
  • Customs
  • Jobs
  • Directory
  • FX Rates
  • Contact us
    • Contact us
    • About Us
    • Advertise
    • Send us news
    • Editorial Guidelines
Logistics
Sea Freight

On-time reliability continues to suffer under Red Sea situation

17 Jul 2024 - by Staff reporter
 Source: Depositphotos
0 Comments

Share

  • Facebook
  • Twitter
  • Google+
  • LinkedIn
  • E-mail
  • Print

Overall global on-time performance of container ships dropped to 49.9 percent in June from 50.2 percent in May, the latest Schedule Reliability Report from Kuehne+Nagel (K+N) shows.

The Red Sea situation, port congestion and increased demand have kept reliability significantly below 2023 levels.

This trend may persist into the next months, the report says.

The drop in on-time performance reflects the ongoing challenges facing the global container shipping industry.

The Red Sea situation, where attacks on shipping by Houthis from Yemen have led carriers to divert away from the Suez Canal, has extended transit times and negatively impacted global shipping capacity.

Additionally, port congestion at key hubs and surging demand have further strained the system, preventing a return to more reliable service levels seen in 2023.

K+N warns that this trend of reduced on-time performance could continue in the coming months unless there is a resolution to the Red Sea conflict or a significant easing of port bottlenecks and demand pressures.

Shipping lines and logistics providers will need to closely monitor the situation and adapt their operations accordingly to minimise disruptions to global trade flows.

Sign up to our mailing list and get daily news headlines and weekly features directly to your inbox free.
Subscribe to receive print copies of Freight News Features to your door.

Gauteng MEC launches public transport women’s help desk.

Logistics

The desk will provide a support system for women working in the taxi services, e-hailing and bus operations sectors.

25 Apr 2025
0 Comments

Ramaphosa and Zelenskyy strengthen trade ties

Economy

Ukraine wants to partner with South Africa to boost power generation and the production of fertilisers.

25 Apr 2025
0 Comments

Regional growth on upward trajectory – World Bank

Economy

The median inflation rate in the region declined from 7.1% in 2023 to 4.5% in 2024.

25 Apr 2025
0 Comments

Ports advance green corridor strategy

Logistics

Driving the deployment of sustainable fuels on the Rotterdam-Singapore Green and Digital Shipping Corridor.

25 Apr 2025
0 Comments

Ro-ro behemoth sets sail for Brazil on maiden voyage

Logistics
25 Apr 2025
0 Comments

Nersa backs LNG imports to secure SA gas supply

Logistics

Report supports the development of indigenous gas resources to reduce dependence.

25 Apr 2025
0 Comments

Tit-for-tat trade restrictions sour relations between AfCFTA states

Africa

For several years, South Africa has prohibited the importation of Tanzanian bananas.

25 Apr 2025
0 Comments

Namibia seeks to beneficiate energy discoveries

Africa

The country is focusing on developing downstream infrastructure to develop to full-scale production capacity.

25 Apr 2025
0 Comments

Agile and scalable solutions needed for fast-changing market

Logistics

SA Cargo is enhancing its ro-ro routes and strengthening collaboration with its service providers to overcome the challenge of congestion.

25 Apr 2025
0 Comments

Softening freight rates point to downturn in NVOCC sector

Logistics

“The logistics landscape is constantly evolving – especially when it comes to consolidation,” said Michelle Horner, trade and WWA manager for SACO.

24 Apr 2025
0 Comments

Godongwana’s VAT reversal good news for business

Domestic

But more scrutiny of tax returns can be expected as the fiscus seeks to plug the gap, says a financial expert.

24 Apr 2025
0 Comments

BMA officials arrested for enabling illegal immigration

Border Beat
24 Apr 2025
0 Comments
  • More

FeatureClick to view

Sea Freight May 2025

Border Beat

Fuel-crime curbing causes tanker build-up at Moz border
08 May 2025
Border police turn the tide on illegal crossings
29 Apr 2025
BMA officials arrested for enabling illegal immigration
24 Apr 2025
More

Featured Jobs

New

Transport Clerk (DBN)

Tiger Recruitment
Durban (New Germany)
09 May
New

Operations’ Coordinator

Brinks Security PTY LTD
Johannesburg
09 May

Cost Estimator - Durban North

Lee Botti & Associates
Durban
07 May
More Jobs
  • © Now Media
  • Privacy Policy
  • Freight News RSS
  • About Us
  • Advertise
  • Send us news
  • Contact us