From doom and gloom to fast and furious
By Marcus Williams2021-01-29T11:49:00
Ocean-going container vessels have been anchored off the west coast of the US in January because of congested port terminals. Dr Noel Hacegaba, deputy executive director and COO at the Port of Long Beach tells Marcus Williams about the misalignment of supply and capacity, and how the port is tackling it
The aftermath of the first wave of the coronavirus disrupted ocean container shipping between Asia and North America. As global production of non-essential items ground to a halt, shipping capacity was cut. However, when demand rebounded as lockdowns were eased the industry was unprepared for the demand in capacity. The recovery in consumer demand coincided with increases in manufacturing, notably a stronger than expected resurgence in automotive production. The resulting problem is seen clearly in the port congestion currently troubling the US west coast ports. Dr Noel Hacegaba, deputy executive director and COO at the Port of Long Beach tells Marcus Williams about the misalignment of supply and capacity, and how the port is tackling it