Navigating the Unseen: Panama Drought Crises, Israel-Hamas Conflict, Black Sea Port Disruptions

November 10, 2023

When it comes to managing complex supply chains, you've probably heard the old saying, "You can't manage what you can't see." In today's ever-changing world, this wisdom holds truer than ever. From geopolitical tensions to climate change, and congested ports, knowing what's happening and where is the key to effective management and communication with stakeholders.

Although 2023 has been marked by a slowdown in freight in the shipping sector, it is continuing to face various disruptive incidents. Left unmonitored, these disruptions could worsen the existing challenges faced by stakeholders in the midst of the ongoing freight recession.

Here's what you need to see and monitor right now:

The Panama Canal Drought Crisis

The Panama Canal authorities have recently announced additional cuts to vessel traffic through the canal due to the ongoing drought plaguing the region. These recent water conservation efforts have significantly reduced daily crossings, affecting daily sailings and creating a bottleneck of vessels waiting to cross the canal. Typically, about 35 vessels pass through the canal every day. However, authorities have announced their plan to reduce daily sailings to 18 ships per day by February 2024.

Stay Updated with SeaVantage Port Insight's Live Monitoring

The Israel-Hamas Conflict

While the ongoing conflict between Israel and Hamas has yet to severely impact global supply chains, the conflict could pose additional risks if it continues to drag on. The situation remains uncertain as the Israeli ports of Ashdod and Haifa account for only 0.4% of global container throughput. The port of Ashkelon, located about 10km from the northern border of the Gaza Strip, is currently closed. There are increased waiting times at the port of Ashdod due to heightened security checks and a shortage of labor.

Stay Informed with SeaVantage Port Insight’s Live Monitoring

Black Sea Port Disruptions

The prolonged conflict between Russia and Ukraine continues to disrupt commercial vessel movement in the Black Sea region. Over 600 days have passed since the beginning of the Russian-Ukraine war. More recently, Russia once again targeted the Black Sea port of Odessa, and both Russia and Ukraine have warned of attacks on commercial vessels heading to the region. These heightened threats of attacks on  vessels from both sides could further exacerbate the challenges faced by vessels navigating the region.

In navigating today's complex supply chain landscape, staying informed is not just a best practice – it's a necessity. The adage "You can't manage what you can't see" has never rung truer, especially considering the challenges faced in the shipping sector amid the ongoing freight recession. The recent Panama Canal drought crisis, the Israel-Hamas conflict's potential impact, and the persistent disruptions in the Black Sea region highlight the critical importance of real-time monitoring. With SeaVantage Port Insight's live monitoring, staying updated on these developments is your proactive strategy to anticipate and navigate the ever-evolving challenges in the global supply chain.

What is SeaVantage Port Insight?

SeaVantage's Port Insight Data provides end-users like you with access to real-time metrics and a live congestion map concerning vessel traffic at ports worldwide. The underlying system integrates multiple different data sources, mostly proprietary,  into one single and consistent system to predict and visualize vessel activity and congestion in real-time.

It provides users with both historical and real-time information about port performance and activity. The insights from this dashboard include predicted incoming vessel traffic, anchorage insights, and berthing insights for the port, specific terminals, or ship types.

SeaVantage Port Insight Dashboard
SeaVantage Port Insight Dashboard

Advantages of SeaVantage Port Insight

Port Insight enables users to optimize route planning and scheduling, make informed decisions about prioritizing ports, and dynamically adjust schedules as needed.

●  Efficient planning

●  Reduced delays and costs

●  Improves resource allocation

●  Enhanced customer service

●  Risk mitigation

Try it out on SVMP

최근 게시물
물류 인사이트
볼티모어 교량 붕괴 사고로 인한 항구 폐쇄, 현재 물류 상황은?

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.

March 29, 2024
물류 인사이트
불확실성 속의 홍해 사태 대응 방안

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.

February 5, 2024
[고객사례] 서프컴퍼니: 씨벤티지를 통해 고객 재방문율 3배 이상 증가하였습니다

해운데이터를 기반으로 포워더 시장에 만연해있던 정보의 비대칭성을 해결하고, 시장 전체를 효율적으로 만들기 위해 마켓플레이스를 개발하는 기업, 주식회사 서프컴퍼니가 씨벤티지 솔루션을 도입한 이유를 확인해 보세요.

February 5, 2024
Recent Posts
Logistics Insight
SeaVantage and HD Hyundai Marine Solution: Partnering for a Smarter, Greener Maritime Industry

In a significant move that promises to reshape the maritime industry, SeaVantage, a South Korean startup specializing in AI-driven maritime data analytics, has announced a strategic investment of $2.3 million from HD Hyundai Marine Solution. Announced on July 11, 2024, this partnership aims to revolutionize visibility and sustainability in global shipping logistics by applying advanced AI and big data technologies. The collaboration between these two innovative companies signals a new era in maritime operations, one that prioritizes efficiency, sustainability, and data-driven decision-making.

July 16, 2024
Logistics Insight
Ocean Visibility vs Tracking: Why Tracking Alone Isn't Enough

In today's complex global supply chains, simply tracking shipments is no longer enough. The recent Red Sea blockade has served as a wake-up call for the shipping industry: traditional tracking methods fall woefully short in an era of geopolitical uncertainty and supply chain volatility. From predicting ETA changes due to route diversions to managing port congestion caused by sudden influxes of rerouted vessels, ocean visibility has emerged as a critical tool for navigating these turbulent waters.

June 28, 2024
Logistics Insight
Understanding Demurrage vs. Detention: Differences and the Role of Shipment Visibility

Demurrage and detention are often used interchangeably in logistics; however, these terms refer to distinct concepts, even though they are closely linked. While both can involve charges, there are strategies to significantly reduce or avoid these costs in your supply chain.

June 21, 2024