Weekly Ocean Operations Update: Asia to Europe, US and Australia 13/10/23

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
• No weather disruption
• Blank sailings in Week 41 have meant no consolidation services this week and FCL capacity has decreased. Feeder, air, railway and courier services are back to normal

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
• Space is open, but some blank sailings / 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

• CMA CGM to impose ETS surcharges from January (source: CMA-CGM)
• MSC deploys another 2 x 24k Teu vessel (MSC Micol / MSC China) into Lion and Griffin service in Oct. (source: Alphaliner)

Market Intel: Oceania

• DP World Australia Industrial Action to be taken in Oct in BNE/SYD/MEL/FRE (source: MSK)
• ANL sub-contracted into Patrick Terminal in BNE as contingency plan (source: ANL)

Market Intel: USA

• CMA CGM announced investing USD 600m into NY/NJ terminal operation and looks to boost capacity by 80% (Source: The Loadstar)