Speaking at a Container Market Outlook webinar, Simon Heaney, Drewry’s senior manager of Container Research, claimed that global supply chain problems are expected to last through 2022.
This opinion is similar to that of other Sea-Intelligence analysts who said earlier this month that container handling would not return to normal until the end of 2022. Supply chain performance has deteriorated further in recent weeks, Heaney said, and in fact the situation is getting worse and not improving.
“It is not the fault of the companies that their ports make them wait”, he pointed out, pushing their itineraries to “complete disorder”. “It is not the fault of the ports and the terminals that became” parking lots “for the ships”, he pointed out.
There is a lot of uncertainty, which has led the consulting firm to reduce its estimate of global port performance from 10.1% three months ago to 8.2%.
As recently reported by Seatrade Maritime News, Drewry now predicts that container lines will have “impressive” $ 150 billion earnings before interest and taxes (EBIT) in 2021 and that with higher contract rates, profits could be slightly higher in 2022.
Supply will lag behind demand in the container market all next year, he predicted, but will be reversed dramatically from 2023 onwards.
Source: www.metaforespress.gr
