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However, even though overall cargo rollovers at transshipment ports were up last month, some of the world’s leading box hubs also reported an improvement in carrier adherence to schedules.Ģ4.6% of cargo was rolled at the port of Hong Kong in September but this fell to 23.9% last month but was still higher than the rollover ratio of 21.9% recorded in October 2019. Ningbo-Zhoushan, the world’s third largest container port in 2019 by throughput, was one of the worst performers in October with 43.5% of its cargo rolled, up from 30.1% a month earlier. The Port of Tanjung Pelepas in Malaysia saw 24.6% of cargo rolled in October, up from 22.7% a month earlier, while Taiwan’s Kaohsiung saw its rollover ratio last month rise to 29.4% from 23.2% a month earlier.

This compared to just 21.6% of cargo rolled in October 2019. Singapore, the world’s second largest container hub, saw its rollover ratio, calculated by Ocean Insights as the percentage of cargo arriving at the port for transshipment that was shipped on a different vessel than originally scheduled, increase to 31.1% in October from 30.2% in September. “I think what we are seeing is that the cargo pipeline has maxed out ocean supply chain capacity and this is being reflected in heightened rollover levels which translates into more disruption for shippers and forwarders.” Carriers also no longer have the option of adding more vessels to boost capacity – almost the entire global fleet is currently active. “Container lines are trying their best to cope with critical box shortages in Asia but this is putting more pressure on operations and freight rates. “This is supposed to be container shipping’s seasonal lull after the summer peak season, but on some trade lanes freight rates are near record levels and ships are still departing Asia full,” said Josh Brazil, Chief Operations Officer at Ocean insights. The latest global container port rollover findings were compiled by analyzing Ocean Insights’ proprietary global container tracking data through to the end of October. Overall container rollover ratios at leading transshipment ports rose to 28.5% last month, up from 26.9% in September and 22.2% in October 2019, according to Ocean Insights, the world’s leading real-time and predictive ocean container tracking data provider to forwarders and shippers. Strong demand for container shipping space on major trade lanes from Asia to Europe and North America saw cargo rollovers increase month-on-month in October as carriers struggled to keep ocean supply chains operating smoothly, latest data shared by Ocean Insights revealed.