Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber

You are using software which is blocking our advertisements (adblocker).

As we provide the news for free, we are relying on revenues from our banners. So please disable your adblocker and reload the page to continue using this site.
Thanks!

Click here for a guide on disabling your adblocker.

Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber

Red sea ports face decline in deep-sea calls

"We are now more than half a year on from the beginning of the Red Sea crisis, and the severe impact on the container shipping industry continues unabated," stated Alan Murphy, CEO of Sea-Intelligence.

Sea-Intelligence, a Danish data analysis firm, reported a notable decrease in the number of deep-sea port calls in regions adjacent to the Suez Canal, specifically the East Mediterranean (East MED), the Gulf of Aden, and the Red Sea. The East MED witnessed a 22% month-on-month reduction in port calls as of January 2024, with a 33% decrease from the pre-crisis average. The Gulf of Aden experienced a similar 33% decline, with port calls reducing to 60-70 in 2024 from around 100. Despite slight signs of recovery, progress in these areas remains slow.

The Red Sea saw an 85% drop in average monthly port calls in 2024, decreasing from over 200 to fewer than 40 between January and June. Although there was a slight increase to 60 calls by July 2024, the future trend is uncertain. Jeddah and King Abdullah Port were the most impacted, with the latter being excluded from deep-sea service routes by carriers since January 2024. Jeddah's port calls fell by 74% from December 2023 to January 2024, with a recovery to 37 calls per month by July 2024, down from a pre-crisis average of 135.

In the East Mediterranean, Piraeus and Port Said faced significant challenges, while Salalah in the Gulf of Aden saw a nearly 50% reduction in deep-sea port calls between January and February 2024. Schedule reliability in the Red Sea and East Mediterranean has returned to pre-crisis levels, but the Gulf of Aden is still behind. The average delay of late vessel arrivals across all regions has improved, dropping back to 4-5 days after peaking at 10-14 days in January 2024.

Source: Containers News

Publication date: