Container rollovers still climbing

Container rollover rates are worsening amid a global capacity crunch in ​box shipping.

Supply chain consultancy project44 claims that carriers are not serious about addressing the industry’s capacity issues, and the April rollover numbers are a stark warning to shippers that they have to start making structural adjustments to their supply chains.

A rollover is when a container does not make its scheduled vessel departure. This can happen because of customs problems, but currently shippers are concerned by problems of overbooking and lack of space onboard. The carrier has to reschedule the shipment and place the container on the next departing ship.

The port with the highest rollover in April was Port Klang, Malaysia, with a ratio of 64 percent, followed by Piraeus, Greece (59 percent), and Rotterdam (54 percent). The largest percentage rise on an annualised basis against April 2020 was Taiwan’s Kaohsiung which saw a 31 percent jump in rollovers to 53 percent.

Among the major carriers, the highest rollover ratio was with CMA CGM (56 percent), while ANL jumped 30 percent to a ratio of 54 percent.