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Schedule reliability on the Asia-NAWC is now just 10.1 percent, not very different from 12.6 percent in February 2015.
Sea-Intelligence estimates recovery to take 8-9 months
While Covid is now entering an endemic phase, supply chain problems continue to plague the industry.
As per an analysis by Sea-Intelligence, return to pre-pandemic normality would take about 8-9 months based on the closest historical event to affect the maritime trade.
"One element can be used to create a realistic baseline, and that is the US West Coast labour dispute of early 2015, which led to major delays and bottlenecks," says Alan Murphy, CEO, Sea-Intelligence. "We define the period from August 2011 to July 2014 as the pre-labour dispute period and calculate the average baseline reliability on Asia-North America West Coast (NAWC). We then calculate the monthly deviation from this baseline.