Weekly Ocean Operations Update: Asia to Europe, US and Australia 20/10/23

Shanghai Port Update:

• Port operations are currently normal
• Vessel waiting time is 0-3 days
• Some carriers are lacking 20'GP, however it's usually possible to find others as a replacement
• 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. New vessel OOCL GDYNIA V.001W, with capacity 24,000 TEU, has been deployed in Cosco AEU 1 service. ETD Xiamen 28/Oct.

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

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

• Container lines set out EU ETS surcharges (source: eeSea)

  • MSK : €35/T

  • CMA : €25/T

  • MSC : €22/T

  • HPL : €12/T

Market Intel: Oceania

• ANL has advised of poor weather conditions experienced at Lyttelton and ongoing delays along NZ coast (Source: ANL)
• ANL adjusted the ANZ Shuttle service and new port rotation as following, while a direct Napier call will be withdrawn, effective from 07 Nov 2023, transshipment service to/from Brisbane to/from Lyttelton, Wellington, Napier and Nelson via Tauranga
  • Port Rotation:
    Contship Win : Brisbane – Noumea – Tauranga – Brisbane
    ANL Tasman Trader : Brisbane – Noumea – Tauranga – Brisbane
    (Source: ANL)

Market Intel: USA

• US warehouse construction starts to plummet, but rents remain at lofty levels (Source: The Loadstar)