Kuehne+Nagel launches sea freight disruption indicator
January 20, 2022: Kuehne+Nagel is launching the Seaexplorer disruption indicator to measure the efficiency of the world container shipping networks. The indicator shows the cumulative TEU waiting time in days in the ports of Prince Rupert, Vancouver/Seattle, Oakland, Los Angeles/Long Beach, New York, Savannah, Hong Kong, Shanghai/Ningbo as well as Rotterdam/Antwerp.
An example demonstrates how the indicator is determined: one vessel with 10,000 T capacity waiting 12 days to enter a port equals 120,000 TEU waiting days. In addition, another vessel with 5,000 TEU waiting 10 days to enter the same port equals 50,000 TEU waiting days. The total TEU waiting time is 170,000 TEU waiting days.
The disruption indicator provides insights as well as advanced analytics and trends on the current situation impacting global trade. Currently, the indicator reflects a waiting time and scale of 11.6 million TEU days – a persistently high level. In these nine specific ports, normal would be less than one million TEU waiting days. At present, roughly 80% of the disruption is associated with North American ports.
