project44, a supply chain visibility platform, launched Port Intel, a 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 detailed visibility port data.
With frequent 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.
Port Intel delivers access to global port and vessel-level detail powered by proprietary data and analytics. These real-time insights allow companies to proactively keep on the pulse of supply chain disruptions, black swan events and their impact on terminal operations and the resulting shipment delays.
With Port Intel, shippers and LSPs can see port congestion in a visual interface as well as receive data via an API– enabling them to circumvent bottlenecks, plan better and meet customer expectations. The platform can provide accurate vessel and container-level dwell times, vessel counts, and other port congestion analytics. With this quantity of data, users are able to proactively spot trends, benchmark, and compare various ports—enabling shippers to make better decisions about how to avoid delays, increase on-time delivery, and improve customer transparency.
project44 algorithms aim to offer greater visibility: granular location of 11,800 berths, globally, down to 20M precision.
Source: project44
