Delays in the US West Coast (USWC) ports are easing faster than during a 2015 labour dispute at North America's major gateways, according to a recent report by Sea-Intelligence.
The maritime analyst said it looked at the only historical precedent of vessel delays that comes even closer to the current market situation: the US West Coast port labour dispute of early 2015.
Methodologically, it noted that it is possible to analyse how quickly operational normality was reverted in 2015 and use this as a benchmark for how much time it will take to revert the ongoing crisis.
"That said, issues in 2015 were related specifically to the ports on the US West Coast, were not global, and did not involve hinterland problems (all of which are present today). Therefore, we will get a minimum timeline for recovery, with the reality likely being longer," the maritime analyst said.
It added that for average delays, the peak deviation during the US West Coast labour dispute was 8.92 days. Given that it took 7-8 months for delays to get back to the pre-dispute baseline (set as January 2012-July 2014).
"In comparison, the peak pandemic deviation was 16.25 days (when compared to the pre-pandemic baseline set as January 2017-December 2019)," Sea-Intelligence said.
"This means that the current rate of improvement is faster than a prediction based on the recovery after the US West Coast labour dispute," the report added.
Photo: Sea-Intelligence