Master Shipping Challenges: SeaVantage's SVMP & Cargo Monitoring Dashboard (Red Sea Disruption and Panama Canal Drought)
The recent disruptions in the Red Sea and Panama Canal Drought have sent ripples through the global shipping industry, causing significant impacts on established routes and compelling vessels to reroute. This has introduced a complex web of challenges for vessels transiting through these regions. In such turbulent times, monitoring vessels becomes critical for businesses involved in maritime trade.
The situation is constantly evolving and remains highly volatile. Generally, 12% to 15% of global trade passes through the Red Sea, out of which 30 % is occupied by container traffic. The Suez Canal includes oil exports and for 30% of global container shipping volumes. The re-route of the vessels are resulting in an increased transit time, increased fuel consumption and congestion at ports causing a hard toll on shippers globally.
To assist and empower the businesses during these testing times, as being an ocean visibility platform SeaVantage presents a complimentary free trial to the SeaVantage Maritime platform known as “SVMP” with "Cargo Monitoring Dashboard (Red Sea / Panama)".
The SVMP platform will offer complimentary Container tracking, Vessel tracking and Port congestion data with the real-time data insights and live tracking of the shipment. Additionally, Cargo Monitoring Dashboard streamlines the tasks of shippers, providing them easy access to diverse shipment information within a single dashboard. This enhances operational efficiency and empowers shippers in making informed decisions.
As on 23rd January 2024, we've observed 535 vessels undergoing the re-routing, reflecting the dynamic nature of maritime activities. Notably, 34 vessels are navigating the Red Sea, with an additional 16 traversing the Panama Canal.
It's important to recognize that vessel statuses change regularly, emphasizing the need for ongoing vigilance to ensure smooth operations. Our dashboard stands as a beacon of support, ensuring you stay informed, agile, and ahead of evolving circumstances.
Recently, on 28th February 2024, we've observed 639 vessels undergoing the re-routing. 34 vessels are presently navigating the Red Sea and 19 traversing the Panama Canal. There has been a notable rise of 104 instances of vessel re-routing observed over a month.
Major companies like Maersk, Hapag-Lloyd AG,CMA CGM, EVERGREEN LINE and MSC Mediterranean Shipping Company continue to reroute their vessels to avoid the Red Sea. Panama Canal Drought is also resulting in re-route of the vessel. Maersk states Instead of going through the Panama Canal, the vessels would call the Ports of Balboa, Panama, on the Pacific side — dropping off cargo heading for Latin America and North America and picking up cargo heading for Australia and New Zealand. As on 23rd January 2024, Maersk contributed to the highest with a voyage rate of 188. However as of 28th February 2024, we notice that OOCL is leading, contributing with a voyage rate of 232. The data presented below provides valuable insights into the status of container vessel voyage rates among leading carriers in the maritime industry.
Cargo Monitoring Dashboard provides detailed data insights regarding the current announcement from Carriers and route to be taken by the vessel with the departure and destination details such as updates on ATD,ETD and ETA. The enhanced search functionality and sorting capabilities makes this dashboard versatile and allows the user to get a wide range of data in a single dashboard.
Key features of the dashboard
Insightful Data Access: Track the Re-routed vessels, Panama Transiting vessels and Red Sea Transiting vessels including detailed insights on Departure and Arrival of the shipments.
Carrier Announcements: Stay informed with updates from the carriers regarding the status of vessels and their respective routes.
Enhanced Search Functionality: Efficient searching capabilities provided to track shipments via Vessel name, IMO Number, Voyage Number and MBL.
Graphical Insights: Access graphical representations offering detailed insights into the status of vessels and rate of voyages by carrier.
Live Tracking on World Map: Track the live location of shipments on the world map providing Real-Time tracking insights on vessels.
Enhanced Sorting Capabilities: Allowing users to sort data based on their points of interest which enables the users to focus on the required information.
Routing Data with Predictive Analysis: SeaVantage's platform SVMP allows users to access the route of their shipment including live tracking,past track and predicted routes.
Re-Routing Insight : Track the count of vessels re-routed due to Panama Canal Drought and Red Sea Disruption subjected to each carrier with the detailed insights on the shipments.
Advantages of SVMP and Cargo Monitoring Dashboard
- Operational Efficiency
Streamlines tasks, offering easy access to diverse shipment information for enhanced operational efficiency.
- SeaVantages Enhanced Technology
PTA - Predicted time of arrival and PTB predicted time of berth. PTA offers a more precise estimation of when a vessel will arrive at the port and PTB offers the berthing information at terminals.. This accuracy aids in better resource allocation, scheduling, and operational planning for port activities.
- Improved Visibility
Enhances visibility into the shipping landscape with graphical representations and live tracking.
- Proactive Customer Service
Allows businesses to provide proactive customer service by anticipating and addressing disruptions.
- Timely Decision-Making
Users can make quick, informed decisions based on real-time tracking, minimizing disruptions.
- Risk Mitigation
Proactively manages risks by staying informed about re-routed vessels and carrier announcements.
- Efficient Data Retrieval
Offers efficient data retrieval through enhanced search functionality and sorting capabilities.
Empower your shipping experience with SeaVantage's complimentary SVMP with Cargo Monitoring Dashboard. To get the streamlined and comprehensive view of all your shipment details, Sign up today.
지난 2023년 12월 15일 이후, 아시아와 유럽을 잇는 홍해가 예멘 반군의 공격이 이어지면서 해운사들은 큰 고민에 빠졌습니다. 이 지역은 수에즈 운하를 통과하는 선박들에게 필수적인 경로로, 유럽, 중동, 아시아 간의 물류를 신속하게 이동시킬 수 있어 많은 해운사들이 이 경로를 택하고 있기 때문에 해운사들은 안전을 우선시해야 할지 아니면 더 긴 경로를 선택하면서 추가 비용과 시간을 감수해야 할지에 대해 결정해야 하는 어려운 상황에 놓인 것이죠.
지난 2023년 12월 15일 이후, 아시아와 유럽을 잇는 홍해가 예멘 반군의 공격이 이어지면서 해운사들은 큰 고민에 빠졌습니다. 이 지역은 수에즈 운하를 통과하는 선박들에게 필수적인 경로로, 유럽, 중동, 아시아 간의 물류를 신속하게 이동시킬 수 있어 많은 해운사들이 이 경로를 택하고 있기 때문에 해운사들은 안전을 우선시해야 할지 아니면 더 긴 경로를 선택하면서 추가 비용과 시간을 감수해야 할지에 대해 결정해야 하는 어려운 상황에 놓인 것이죠.
씨벤티지에서는 보다 나은 사용자 경험을 위하여 매주 정기 업데이트를 진행하고 있으며, 사용자 피드백을 적극적으로 반영하려고 노력하고 있습니다. 아래 업데이트 소식을 참고하시어 더욱 확장된 서비스와 기능을 사용해보세요!
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