Weekly Ocean Operations Update: Asia to Europe, US and Australia 03/11/23

Shanghai Port Update:

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

Yantian Port Update:

• Port operations are currently normal
• Vessel waiting time is 1 day
• All container types available
• No weather disruption
• Space is tight on AEU1; AU schedules may have delays due to strikes in AU

Ningbo Port Update:

• Port operations are currently normal
• Vessel waiting time is 2-4 days
• MSK has 20’GP shortage this week.
• 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 has become tight; some blank sailings / rollovers occurring; blank sailings continue in November

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:

• EU
• Oceania
• USA

Market Intel: EU

• Suez Canal fee hikes set to add to the pressure on Asia-Europe carriers. (Source: The Loadstar)

• ONE to start Indian Ocean-Mediterranean ‘IOM’ service from mid-Jan,2024. (Source: Alphaliner )

Market Intel: Oceania

• COSCO and OOCL modify Trans-Tasman loop (COSCO : ANE service / OOCL : ANS service)
  
  • New rotation : Melbourne – Bell Bay – Sydney – Auckland – Tauranga – Melbourne
  • Turnaround time : Three weeks

  • Effective date : 14 Oct 2023 (Source: Alphaliner)

Market Intel: USA

• ZIM new built vessel – ZIM Mount Kilimanjaro (15,248 Teu) will phase-in ZIM’s ZCP service from QDO on the 28 Oct 2023. (Source: Alphaliner)