A new scale from Kuehne+Nagel (K+N) shows global container waiting time to be 11.6 million TEU days.
The Seaexplorer disruption indicator measures the efficiency of the world container shipping networks, showing 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.
To arrive at 11.6 million TEU days, K+N multiplies the number of containers per ship times the number of days it waits outside a port to unload. For example, one vessel with 10,000 TEUs 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 for that port.
The disruption indicator provides insights as well as advanced analytics and trends on the current situation impacting global trade. In these nine specific ports, normal would be less than one million TEU waiting days. At present, roughly 80 percent of the disruption is associated with North American ports.
According to the latest Seaexplorer data, 519 container vessels were at anchor or drifting in front of major global ports as of January 20, 2022.
K+N management board member Otto Schacht said the trend information provided by the indicator is intended to help customers of its freight forwarding service to predict and plan for disruption in their supply chain.
Going forward, the disruption indicator will be made available only for K+N customers who use its Seaexplorer tracking and routing service.