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Real-time insights for ports
01 June 2022
WITH OCEAN logistics in turmoil, project44 introduces real-time insights on all the ports in the world dramatically expanding its ocean visibility offering.
![Real-time-insights-for-ports](https://wbp.managemyaccountonline.net/res/org0011/cdad270a07f334c0.jpg)
Photo by Chris Pagan on Unsplash
THE SUPPLY chain visibility platform has launched Port Intel, the industry’s first port intelligence solution with real-time data on congestion and container flow at all global ports. The platform provides shippers, LSPs (Logistics Service Providers), FFW (Freight Forwarders) and other stakeholders with what they need to manage and mitigate the impacts of today’s ocean turmoil and chaotic supply chains.
With seemingly endless disruptions, from the Suez Canal blockage to port bottlenecks, companies and customers alike have gained a higher awareness of international shipping challenges and the need for real-time intelligence data. When the Russia/Ukrainian conflict emerged, project44 data showed a 52% increase in export dwell times from Ukraine and an immediate 40.2% drop in daily peak TEU vessel capacity calling at Russian ports. Similarly, vessels waiting near Yantian spiked by 44.1% when the most recent Covid-19-related lockdown took effect in Shenzhen. These ongoing supply chain challenges require companies to stay nimble and prepare contingency plans by utilising real-time port data.
With Port Intel, shippers and LSPs can see port congestion in a visual interface as well as receive data via an API.
project44’s algorithms offer visibility on granular location of 11,800 berths, globally, down to 20-metre precision.
For more information, visit www.project44.com
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