22/07/2022

Top Issues Global Ocean Freight 2022 Q2

07/22/2022 | 3 min

Transporeon’s Market Intelligence experts conducted a quarterly survey asking ocean shipping experts about their Top Issues for Global Ocean Freight 2022. We received 55 responses.

The answers show that major topics for shippers right now are capacity challenges, equipment availability and oil price developments. Meanwhile, shippers are feeling confident about the quality of carriers’ customer service, and increasingly optimistic about lockdown easing in China.

Survey results confirm a significant long-term impact of oil price development connected to the war in Ukraine is anticipated. Other areas of concern include enforceability of freight contracts and ongoing congestion and strikes impacting global ports, with slightly more emphasis on the former. 

The level of uncertainty* regarding the impact of COVID-19 remains the same in comparison to the results from Q1, with a slight increase in optimism recorded when looking at about long-term impact**.

Key findings:

  • Oil price development accounts for the greatest impact and uncertainty
  • Impact of oil price development anticipated to prevail beyond the war in Ukraine
  • Capacity challenges represent an increasingly crucial element
  • Concerns about premium and peak season surcharges have disappeared

*Uncertainty: the level of information that is needed to properly deal with the issue.

**Impact: the level of influence that this event has or is expected to have on your business.

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