Why container shipping is playing the wrong resilience game

AI Summary

Global container shipping is currently experiencing a capacity shortfall of about 1.8 million TEU due to delays, with schedule reliability dropping to 50-65% compared to 70-80% pre-pandemic. Industry analysis suggests the sector is underperforming in resilience and service reliability.

Wolfgang Lehmacher on where the box sector is getting things wrong. Global container shipping is now missing around 1.8m teu of capacity because of delays, according to analysis by Sea-Intelligence. Even after subtracting the pre-pandemic baseline, roughly 1m teu is effectively unavailable because schedule reliability has settled at 50-65%, down from 70-80% in 2011-2019.  At …