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Containership companies show record delays in 2021

Containership companies show record delays in 2021
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Feed additive tracker: Amino acid prices easing, markets await lysine expansion projects

Feed additive tracker: Amino acid prices easing, markets await lysine expansion projects Prices for amino acids including lysine, threonine and tryptophan are showing a slight downward trend from the record-highs of late, according to data from Swiss trading and data platform, Kemiex. Vitamin pricing is diverse with markets mostly following the course of vitamins A, C and E. The US dollar has been strengthening against China’s yuan, offering a short-term relief for US dollar-denominated buyers, said Stefan Schmidinger, partner at Kemiex.  The yuan logged its worst month since August 2019 in March, according to Reuters, as expectations of a quick US economic recovery and rising US Treasury yields have buoyed the dollar.

Global container carrier reliability plumbs new depths in January

Record-low global schedule reliability of 44 6% in December 2020

Record-low global schedule reliability of 44.6% in December 2020 Sea-Intelligence has published issue 113 of the Global Liner Performance (GLP) report, with schedule reliability figures up to and including December 2020. As the report itself is quite comprehensive and covers schedule reliability across 34 different trades lanes and 60+ carriers, this press release will only cover the global highlights from the full report. Global schedule reliability dropped to 44.6% in December 2020, which means that for the fifth consecutive month, global schedule reliability has been the lowest across all months since Sea-Intelligence introduced the benchmark in 2011. Compared to December 2019, schedule reliability is -31.7 percentage points lower, and is the fifth consecutive month that we have recorded a double-digit Y/Y decline. We also see a similar trend with the average delay for LATE vessel arrivals, which has recorded consecutive M/M increases for the past four months, reaching 5.74 days

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