COSCO
SITC
PACIFIC LINES
Wednesday, 30/10/2024, 06:53 (GMT +7)
609
Red Sea Crisis Brings ‘Vessel Bunching’ to Pandemic Peak
Sea-Intelligence reports that vessel congestion on the Asia-North Europe trade has returned to its pandemic peak due to the Red Sea crisis, increasing the risk of port congestion.(1).webp)
Source: HLAG
In its latest analysis, Sea-Intelligence delves into the phenomenon of “vessel bunching,” defined as the number of sailings in a given week exceeding the number of weekly services.
The Danish maritime data analytics company explains: “From a network design perspective, for every weekly deep-sea liner service, one vessel would be scheduled to depart from an origin region each week. However, in the real world, a shipping line can have multiple vessels departing in the same week, on the same service. This can be caused by vessel delays, where a delayed vessel slides into the following week, vessel shortages where shipping lines deploy two smaller vessels to replace a larger vessel, or because of extra-loader vessels to cater to excess demand/cargo backlog.”
For example, if there are 17 sailings in a week and there are 15 weekly services, the “vessel bunching” is 2.
.webp)
Source: Sea-Intelligence
Sea-Intelligence analysts calculated vessel bunching as an average seen over a 10-week period and looked at the Asia-North Europe trade.
In the eight years before the pandemic, congestion levels were relatively low, while the pandemic has caused an extreme increase, according to analysts, who also see a return to normality by the end of 2023. However, the Red Sea crisis has caused a new spike in congestion, returning to levels close to the peak of the pandemic.
“Higher vessel bunching creates a larger pressure on ports and terminals,” notes Alan Murphy, CEO of Sea-Intelligence. “While the offered capacity might be the same when seen over two weeks i.e., no vessel sailing in one week followed by two vessels sailing in the following week, having two vessels depart in one week and zero vessels in the second week creates an extraordinarily high workload in one week and none in the second week.”
Murphy points out that this increases the risk of port congestion and, as a ripple effect, a similar crisis in truck, rail and barge capacity utilization.
“Vessel bunching can therefore be seen as a proxy measure for the pressure on ports and the corresponding likelihood of congestion problems. As such, given the data, there is no indication that the pressure on ports is about to be alleviated,” concluded Murphy.
Read more:
- ILA union at US East and Gulf Coast ports to resume contract talks in November
- International shipping and logistics market update - Week 43/2024
- Suez and Panama Canal Disruptions Threaten Global Trade and Development: UNCTAD
- Cargo volumes soar at Singapore Changi Airport
- Maersk raises 2024 profit forecast
Source: Phaata.com (via Sea-Intelligence)
Phaata.com - Vietnam's First International Logistics Marketplace
► Find Better Freight Rates & Logistics Services!
Featured News
- Hapag-Lloyd applies Peak Season Surcharge from East Asia to USA and Canada
- The world\'s largest container ships MSC Irina and MSC Loreto floated
- MSC (Mediterranean Shipping Company) - The world\'s leading container shipping lines
- Information you need to know about Maersk Line
- Top 10 export and import goods between Vietnam - Philippines in the first 5 months of 2020
Market News
See more
.webp)
_(2).webp)
HOT PROMO
See more
245
LCL
4 Days
Freight cost
Expiry date
ORIENTAL LOGISTICS MULTIMODAL TRANSPORT COMPANY LIMITED
1.8
169
LCL
4 Days
Freight cost
Expiry date
ORIENTAL LOGISTICS MULTIMODAL TRANSPORT COMPANY LIMITED
1.8
162
LCL
7 Days
Freight cost
Expiry date
ORIENTAL LOGISTICS MULTIMODAL TRANSPORT COMPANY LIMITED
1.8
231
LCL
3 Days
Freight cost
Expiry date
ORIENTAL LOGISTICS MULTIMODAL TRANSPORT COMPANY LIMITED
1.8
260
LCL
3 Days
Freight cost
Expiry date
ORIENTAL LOGISTICS MULTIMODAL TRANSPORT COMPANY LIMITED
1.8
WHY PHAATA.COM?
USERS/MONTH
LOGISTICS COMPANIES
REQUEST FOR QUOTEŚ
QUOTATIONS
VIETNAM LOGISTICS COMMUNITY
5 Steps to Get the Best Quote
Find price quickly
and
Send quote request
Compare Quotes
and
Selection
Contact for Further Consultation
and
Send request booking
Get feedback
and
Direct Negotiation
Management
and
Evaluate
Freight rates
Sea freight
7
Days Transit
- ₫7,915,500 / 20'GP
Valid till: 2026-01-31
CÔNG TY TNHH SHIP LINK VIỆT NAM
0.4
20
Days Transit
- ₫21,503,775 / 20'GP
- ₫26,648,850 / 40'GP
Valid till: 2026-02-27
Chi nhánh tại Khu vực Bắc Bộ - Công ty TNHH Giao nhận vận chuyển Quốc tế Trường Hải
3
25
Days Direct
- ₫36,557,000 / 20'GP
- ₫46,288,000 / 40'GP
- ₫46,288,000 / 40'HQ
Valid till: 2026-01-31
SOV（越南海光）
0.1
45
Days Transit
- ₫89,709,000 / 40'HQ
Valid till: 2026-02-14
Công ty T&T Global Agency
1.8
16
Days Transit
- ₫4,749,300 / 20'GP
- ₫13,720,200 / 40'GP
- ₫13,720,200 / 40'HQ
Valid till: 2026-01-31
CÔNG TY CỔ PHẦN THƯƠNG MẠI VÀ TIẾP VẬN ĐẠI DƯƠNG
0.6
3
Days Direct
- ₫0 /cbm
Valid till: 2026-01-31
WR1 MASTER CONSOL
Verified
2.1
8
Days Direct
- ₫0 /cbm
Valid till: 2026-02-01
CÔNG TY TNHH VẬN TẢI BIỂN MINH NGUYÊN
0.1
19
Days Direct
-
Refund
₫1,978,875 /cbm
Valid till: 2026-01-31
CÔNG TY TNHH VẬN TẢI BIỂN MINH NGUYÊN
2.6
30
Days Direct
- ₫1,055,400 /cbm
Valid till: 2025-12-31
CÔNG TY TNHH THƯƠNG MẠI DỊCH VỤ 3N
0
30
Days Transit
- ₫1,319,250 /cbm
Valid till: 2025-12-31
KHAI MINH GROUPS CO., LTD – Ho Chi Minh Branch
2.6
Air freight
1
Days Direct
- 49,438 ₫/kg
Valid till: 2026-01-31
CÔNG TY TNHH EVERGLORY LOGISTICS VIỆT NAM
2.6
7
Days Transit
- 139,841 ₫/kg
Valid till: 2026-01-31
CÔNG TY CỔ PHẦN DỊCH VỤ VÀ HẠ TẦNG Ô TÔ THÀNH CÔNG
2.1
4
Days Direct
- 212,399 ₫/kg
Valid till: 2026-01-17
AN BÌNH EXPRESS
2.6
4
Days Transit
- 97,625 ₫/kg
Valid till: 2026-01-31
MAXTENA SHIPPING&FORWARDING AGENT CO., LTD
2.7
1
Days Direct
- 65,963 ₫/kg
Valid till: 2026-01-10
TTL Cargo Max
2.6
Rail freight
20
Days Direct
- ₫192,610,500 / 40'HQ
Valid till: 2026-01-31
CÔNG TY CỔ PHẦN VẬN TẢI VÀ THƯƠNG MẠI ĐƯỜNG SẮT
Verified
3.8
3
Days Direct
- ₫11,236,500 / 20'GP
- ₫14,982,000 / 40'GP
- ₫14,982,000 / 40'HQ
Valid till: 2025-09-30
SilverSea Co.,Ltd
2.5
26
Days Transit
- ₫170,836,600 / 40'GP
- ₫170,836,600 / 40'HQ
Valid till: 2024-12-31
WORLDLINK LOGISTICS VIET NAM COMPANY LIMITED
1.8
10
Days Direct
- ₫25,502,000 / 20'GP
- ₫25,502,000 / 40'GP
- ₫25,502,000 / 40'HQ
- ₫25,502,000 / 45'HQ
Valid till: 2024-12-31
VIPUTRANS
1.8
3
Days Direct
- ₫17,620,110 / 40'HQ
Valid till: 2024-10-31
CÔNG TY CP PROSHIP
1.8
Road freight
6
Hour
- ₫3,600,000 / 20'GP
- ₫4,100,000 / 40'GP
- ₫4,100,000 / 40'HQ
Valid till: 2026-01-31
CÔNG TY CỔ PHẦN THƯƠNG MẠI VÀ TIẾP VẬN ĐẠI DƯƠNG
0.6
1
Day
- ₫4,100,000 / 40'GP
Valid till: 2026-02-18
CÔNG TY TNHH THƯƠNG MẠI DỊCH VỤ 3N
0
9
Hour
- ₫15,039,450 / 20'RF
Valid till: 2025-11-30
Headway Joint Stock Compnay
3.5
2
Day
- ₫60,000,000 / 20'GP
- ₫80,000,000 / 40'GP
- ₫80,000,000 / 40'HQ
- ₫80,000,000 / 45'HQ
Valid till: 2026-10-31
CÔNG TY CỔ PHẦN MORNING LOGISTICS
2
1
Day
- ₫4,500,000 / 40'HQ
Valid till: 2025-09-30
CÔNG TY TNHH LOGISTICS FV
2.5
Request For Quotes
Help you send and receive quotes from Forwarders on the market quickly and efficiently.
See more
