Ports report regional transshipments on the rise with cargo call volumes flat-lining or falling – WPSP

Ports Report Regional Transshipments On the Rise With Cargo Call Volumes Flat-lining or Falling – WPSP

June 8,2020–AJOT.com

With a record response of 104 ports from around the world, the summary of the latest IAPH-WPSP Port Economic Impact Barometer for weeks 22 and 23 highlights the following trends: Blank sailings, mainly on trade routes with the Far East, continue to affect results for container vessel calls, albeit with lesser impact than the last five weeks. 39% of the ports’ container ship calls fell in the last two weeks by 5 to 25% (45% of week 21), with 6% experiencing significant drop (in excess of 25%).Ports continue to take a major hit from lower passenger vessel calls, including both PAX and ROPAX ships as well as cruise vessels, with 62% reporting further drops in vessel calls in the last fortnight.

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