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Asia-US east coast capacity increases 18.9pc

Author:   Posttime:2022-08-09

ASIA to US east coast capacity is up 18.9 per cent, while congestion on the US west coast led to an increase in demand and capacity on the Asia-US east coast routes, reports the UK's Seatrade Maritime News.

In the three months to July 24, capacity between Asia and the US east coast was up 18.9 per cent year on year to an average of 210,000 TEU, said Xeneta data.
"Compared to the average weekly capacity in the same period last year, this is the equivalent of adding four 8,750-TEU ships a week," said Xeneta.
Global container line reliability rises to 40 per cent, said the data provider. Asia-US west coast capacity eased, but remained the bigger trade by far.
In the same period, Asia-west coast capacity was down 1.7 per cent, averaging 310,000 TEU. The shift between the coasts was driven by delays and queues at US west coast ports.
Schedule reliability fell on the US east coast with 18.7 per cent of services running on time in June with average delays of nine days for those arriving late.
On the west coast, reliability improved to 24.8 per cent in June, with average delays of 9.9 days.

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