Weekly Ocean Operations Update: Asia to Europe, US and Australia 29/09/23

Shanghai Port Update:

• Port operations are currently normal
• Vessel waiting time is 0-3 days
• HPL and CMA are lacking 20'GP
• No weather disruption
• Capacity is normal

Yantian Port Update:

• Port operations are currently normal
• Vessel waiting time is 1 day
• MSC cross depot pick up (For 40’GP in Oceania Trade)
• No weather disruption
• It is likely that there will be some blank sailings after Golden Week; Shenzhen seaport blanking ratio 10%; Guangzhou 7%; Hong Kong 9%

Ningbo Port Update:

• Port operations are currently normal
• Vessel waiting time is 2-4 days
• All container types are available
• No weather disruption
• Space is tight due to being occupied by empty units

Qingdao Port Update:

• Port operations are currently normal
• Vessel waiting time is 0-1 days
• All container types available
• No weather disruption
• Capacity is normal

Xiamen Port Update:

• Port operations are currently normal
• Vessel waiting time is currently 1-2 days 
• 20'GP and 40'HC are in good supply; there is still a shortage of 40'GP
• No weather disruption
• Due to the upcoming Golden Week in China, the cut off time for Week 40 shipments is being brought forward to Week 39
• Space is tight with some rollovers occurring

Vietnam Port Update:

• Port operations are currently normal
• Vessel waiting time is currently 0-3 days
• All container types are available
• No weather disruption
• Capacity is normal

FEWB rate and capacity update:

*GRI increases are for spot rates only; this will not apply to customers with a rate contract in place

Oceania rate and capacity update:

*GRI increases are for spot rates only; this will not apply to customers with a rate contract in place

GRI / Rate Restoration on shipments from NEA to Australia and New Zealand ports from 15 October 2023; more details available here.

TP rate and capacity update:

*GRI increases are for spot rates only; this will not apply to customers with a rate contract in place

Blank Sailing Updates:

• Australia
• EU
• USA

Market Intel: EU

• Maersk and Hapag-Lloyd offer their guides to 2024 ETS surcharges (Source: The Loadstar)
• MSC has extended its partnership with Bremerhaven terminal for at least 25 years (Source: Shipping Watch)

Market Intel: Oceania

• ANL updated due to recent poor weather conditions and severe high winds impacting operations at Lyttelton and Timaru, Moana Chief and Takutai Chief will make the following port omissions to restore schedule integrity as decided by the vessel operator.
  
  • Moana Chief 4527 – Omit Timaru
  • Takutai Chief 0105 – Omit Wellington (Source: Alphaliner)

Market Intel: USA

• THE Alliance suspends PN3 service with immediate effect:
  
  • Due to low cargo demand, THE Alliance decided to suspended their PN3 Loop.
  • The existing PN3 service coverage will maintain by PN2 service.
  • Last PN3 sailing will be Seaspan Yangtze (ETD 23 Sept 2023) (Source: Alphaliner)