DHL Ocean Freight Market Update – September 2021
Find out the latest developments of the global ocean freight market in this monthly analysis by DHL Global Forwarding.
- Unlike in ‘normal’ years, 2021 will not really have a ‘peak season’ since the liner market is already sold out and carriers are largely unable to procure the additional tonnage that would be needed to launch any real peak-season service programs.
- Covid-19-related disruptions all over the world, such as temporary lockdowns, ad-hoc port closures, crew change issues, and shipyard delays, have impacted overall supply chain efficiency. A number of carriers stated that they would have to deploy some 20 percent more tonnage to carry a similar amount of cargo as in ‘normal’ times. This is evidenced by many Asia–Europe services which would typically run on 11 or 12 ships, but currently need 13 or 14 vessels for weekly departures.