HALF a year on from the beginning of the Red Sea Crisis, the severe impact on the container shipping industry continues unabated, according to the latest issue of Sea-Intelligence's Sunday Spotlight.

According to the data analysis firm, statistics show the number of deep-sea port calls in the major regions closest to the Suez Canal - East Mediterranean (East MED), Gulf of Aden, and the Red Sea itself - have been impacted.

"While the total number of monthly deep-sea port calls in East MED were already trending downwards pre-crisis, the month-on-month drop in January 2024 was quite significant at 22 per cent," CEO of Sea-Intelligence, Alan Murphy, pointed out. Compared to the pre-crisis average, the drop in 2024 has been 33 per cent.

A similar 33 per cent drop in the average monthly calls was also seen for the Gulf of Aden, from roughly 100 monthly calls to 60-70 in 2024. Like East MED, port calls in the region have been recovering, albeit very slowly.

The Red Sea saw the most severe impact of the crisis, with an 85 per cent drop in the average number of deep-sea port calls in 2024. The figure dropped from over 200 calls per month, to under 40 in January-June 2024.

The figure rose to 60 calls in July 2024, which was double that of the previous months. However, it remains to be seen if this will continue, or if this is a temporary uptick.

"In the Red Sea, the most impacted ports were Jeddah and King Abdullah Port," said Mr Murphy.

Carriers stopped calling King Abdullah Port on their deep-sea services from January 2024 onwards, while Jeddah saw the sharpest decline of 74 per cent month on month from December 2023 to January 2024.

"Even after a slight improvement in July 2024, the port is averaging just 37 calls per month compared to the pre-crisis average of 135 monthly calls. In East MED, Piraeus and Port Said were the most impacted, while in the Gulf of Aden, Salalah saw deep-sea port calls drop by nearly 50 per cent in January-February 2024," Mr Murphy added.

In terms of schedule reliability, Red Sea and East Mediterranean are back to the pre-crisis levels, while the Gulf of Aden is still lagging.

Additionally, an improvement was recorded across all three regions in the average delay of late vessel arrivals, which, after a very sharp increase to 10-14 days in January 2024, dropped back down to pre-crisis levels of 4-5 days.

https://www.shippingazette.com/news?news_id=9240900000508