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Reliability of Containerships Drops to New Lows

Reliability of Containerships Drops to New Lows

Understanding the Effect of Tradeline Congestion on Containership Reliability

2020 disrupted the global supply chain in unpredictable ways and it appears 2021 has begun to follow suit. Containership reliability numbers have plummeted causing average shipment delays to increase. Within this post, we will discuss the cause and spread of this decline to ensure you understand the possible delays in current shipping schedules. 

A Sharp Decrease in Reliability 

During the last half of 2020, there was a widely apparent decline in the reliability of containerships arriving on-time. For the last 5 months, the reliability steadily declined to the lowest it has ever been reported since the benchmark was introduced by Sea Intelligence in 2011. In December of last year, it was reported that under half of the vessels had arrived on their scheduled arrival date whereas, during 2018 the same rate was well above 70%. Creating a significant drop in timely arrivals. In the year spanning from December 2019 to December 2020, the on-time arrival rate had a decline of over 30%. With these numbers, containership arrivals are more unpredictable than ever. 

Tradeline Congestion Causes Reliability Decrease

The surge in demand that was brought on by a global lockdown has flooded ports worldwide and the capacity of significant tradelines has been reached. This congestion results in a slowing of all containership arrivals. Sea Intelligence Consulting chief executive Alan Murphy warns that “With continued widespread port congestion, and with carriers still not letting off capacity-wise (especially on the major trades) shippers might not see improving schedule reliability until the second quarter of 2021.” Meaning these delays will be present well into this newly began year. 

The Spread of Reliability Decline Across Carriers 

This decline is apparent across all carriers’ reported numbers for the last half of 2020. Within this time frame, there was not a single documented carrier that managed to improve their year to year reliability. Along with the decrease in reliability, comes a greater occurrence of vessels arriving later than expected. A vessel’s current average delay is reported to be around 5-6 days, as compared to last year’s average delay of about 4 days. Currently, within the US the decline in reliability is at its lowest. There is roughly a rate of less than 1 in 3 for containerships avoiding delays. 

How Sheltered International Can Help  

With these unpredictable declines, there is no time more critical than now to choose the best possible company for your shipping needs. With Sheltered International we can ensure the quickest and most reliable options for your company when current circumstances are not so reliable. 

To learn more about SiShips, or to view a demo of our software, contact us today.

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Sheltered International Gets a New Look for 2021

Refreshed SiShips Software, Updated Logo Are Just the First of Big Changes Coming for 2021

At Sheltered International, we believe that challenges inspire innovation. Although 2020 has had some unexpected obstacles, we’ve also been challenged to continually improve our software and deliver the best possible experience for our clients. As we enter 2021, we’re striving to maintain that momentum. That’s why we’re very excited to announce that we’ll be launching a software refresh for SiShips on January 1, 2021, featuring a brand-new logo and custom designs developed in partnership with our new design team in Budapest. We’re confident that this new look will help SiShips continue to provide excellent service for your freight forwarding needs.

Introducing Our New LogoSheltered International New Logo

Featuring a combination of our initials “S” and “I”, our new logo was inspired by the blade propellers on ships and airplanes. This inspiration draws not just from our brand identity but our focus: to bring our clients the best shipping solutions, both by air and by sea. “We are really excited about the new branding and user interface being led by our design team in Budapest,” said Sheltered International CEO Andrew Ciccarone, “The main challenge was to refresh without restarting. Pulling inspiration from the propeller shape was genius.”

 

Sheltered International Logo Redesign

Custom Google Maps Design

To ensure your experience within SiShips is optimized for efficiency, we’ve also refreshed our map design. Used to power our live satellite tracking, Google Maps is a key part of our software, and with a sleek, minimal look, it’s easy for you to find the information you’re looking for without all the clutter. Thanks to simplified shipment tracking visuals, you’ll be able to save time and enjoy a sleek, streamlined shipping experience.

SiShips Satellite Tracking

Coming Soon: The SiShips Mobile App

Our updates for 2021 don’t end with a refreshed software: We’re thrilled to be releasing a SiShips mobile app, launching in Q2 2021. Offering even more flexibility and mobility, the app will let you track your shipments, generate quotes, and manage your freight all from your mobile phone. We know you’re busy building your business – that’s why we’re here to help you earn back your time and reinvest it where it counts.

 


Want to learn more about SiShips and how it can help you build your business? Contact our team today.

 

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