Supply Chain
Incident Alert
SeaVantage supply chain incident report provides updates on major events impacting global supply chains. News reports related to severe weather crises, labor strikes, covid lockdowns, geopolitical events, and other crises affecting global supply chains.
Truckers Strike Again in South Korea Amid supply Chain Woes
November 25, 2022
South Korean unionized truckers began a major strike for the second time in less than six months on Thursday, 24th November 2022.
This strike comes as truckers are demanding that the government extend temporary rules guaranteeing minimum freight rates, citing high fuel prices.
According to the transport ministry on late Thursday, container traffic at ports dropped to 40% compared to normal levels since the strike began, but then that added no significant damage had been reported so far as companies moved shipments pre-emptively.
On Friday, November 25th, the industry ministry reported that the nationwide strike has affected the logistics of the cement and steel industries and added that further disruptions are expected in other industry sectors.
Update: The president on Tuesday, November 30th, signed an executive order to force striking workers to get back to work.
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Australia Port Strike Action Averted Amid Supply Chain Fears
November 18, 2022
Australia's largest tugboat operator, Svitzer, an AP Møller-Maersk-owned company, has scrapped a planned indefinite lockout hours before it was set to begin. The lockout would have barred about 580 workers at 17 ports from working starting from midday Friday, 18th November 2022.
The strike action would have impacted 17 ports in NSW, Victoria, Queensland, Western Australia, and South Australia and would have caused widespread supply chain disruptions ahead of the Christmas holiday season as shipping traffic to its 17 major ports will be closed.
Ports in Florida close due to storm Nicole
November 10, 2022
Ports in Florida halt operations temporarily as tropical storm Nicole makes landfall. Condition Zulu has been set for these ports, Port Canaveral, JAXPORT, Port Miami, Port of Fernandina, Port Everglades, and Port of Palm Beach; meaning, the gates are closed and no operations are taking place.
The ports of Savannah, Georgia, and Charleston, South Carolina are currently at condition X-Ray, meaning gale-force winds and rainfall are expected within 48 hours.
After post-storm damage assessments are completed, all ports are expected to resume operations shortly.
Congestion at the Port of Savannah remains high
October 28, 2022
The Port of Savannah in Georgia, the third-largest container port in the United States, is still experiencing high congestion levels as the holiday season draws closer.
Data from SeaVantage Port Insight shows a staggering increase of 700% in vessel waiting time since the beginning of the year. This has resulted in an increase in the number of ships at anchor waiting to get a berth at the port.
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Fresh Labor Strikes at the Ports of Felixstowe and Liverpool
September 28, 2022
On 27 September, workers at the Port of Felixstowe embarked on another strike for two weeks until 5 October after the union rejected an imposed pay deal. On 27 September, workers at the Port of Felixstowe embarked on another strike for two weeks until 5 October after the union rejected an imposed pay deal.
SeaVantage Port Insight platform shows the strike in August at Felixstowe pushed vessel working time up by 80% when compared to the previous months.
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German port workers reach agreement to end strike
August 26, 2022
German port workers have reached an agreement to end their 3-month strike which involved around 12,000 employees in German North Sea ports.
The strike action resulted in congestion and supply chain disruptions particularly in three major ports: Hamburg, Bremerhaven, and Wilhelmshaven.
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Strike at Britain's Largest Cargo Port, Felixstowe
August 23, 2022
About 2,000 workers at the UK's largest container port began an eight-day strike on Sunday. Workers at the Port of Felixstowe went on strike after failing to reach a pay deal amid rising living costs.
The port of Felixstowe handles nearly half of the UK's container trade, and this strike is expected to severely disrupt supply chains across the UK and other neighboring ports.
Early trends from SeaVantage Port Insight data indicate a reduction in the number of vessels forecasted to arrive at the Port of Felixstowe, as vessels are expected to call neighboring ports.
Rising congestion in the East Coast Ports of the United States
August 19, 2022
The East Coast Ports of the United States have been experiencing rising congestion. Congestion levels were especially high in the ports of New York and Savannah in late July.
The Executive Director of the Port of Los Angeles, Gene Seroka, recently announced to shippers that space has opened up at the Port of LA and their terminals have capacity.
While congestion appears to have stabilized in Asian ports, other parts of Europe and the US continue to see climbing port congestion.
