Weekly Ocean Operations Update: Asia to Europe, US and Australia 15/12/23

Shanghai Port Update:

• Port operations are currently normal
• Vessel waiting time is 1-3 days
• All container types available
• Due to strong winds on Saturday empty pick up will be stopped from terminal
• 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.

Ningbo Port Update:

• Port operations are currently normal
• Vessel waiting time is 2-4 days
• MSK has a shortage of 20’GP this week
• No weather disruption
• Space is tight due to being occupied by empty units

Tianjin Port Update:

• Port operations are currently normal
• Vessel waiting time is 2-3 days
• CMA, COSCO, MSK lacking 20'GP; MSC lacking 20'GP and 40'GP
• Pick up empty is in congestion due to snow
• Capacity is normal

Qingdao Port Update:

• Port operations are currently normal
• Vessel waiting time is 2-3 days
• CMA has a shortage of 20'GP; MSC is lacking 20GP and 40GP
• No weather disruption
• Capacity is normal

Xiamen Port Update:

• Port operations are currently normal
• Vessel waiting time is currently 1-2 days 
• There's a 40GP shortage
• No weather disruption
• Space is tight due to upcoming holidays

Vietnam Port Update:

• Port operations are currently normal
• Vessel waiting time is currently 0-3 days. HPH HCM : MSC ,HPL ETD delay 2-4 days due to port congestion
• 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

• THE Alliance announces service network adjustments for 2024 (Source: Hapag Lloyd)

• Carriers’ Q1 2024 ETS by trade (EUR per try teu) (Source: Alphaliner)

Market Intel: Oceania

Swire Shipping suspended its Singapore – Aestern Australia ‘NWD’ service (Source : Alphaliner)

Market Intel: USA

Draft problems: THE Alliance re-routes three Asia -USEC loops from Panama to the Suez Canal

Since the Panama Canal Authority has announced that it will have to further cut down the number of daily transits as of January, with slots for the neo-panamax locks to be reduced from eight to five per day, the members of THE Alliance (THEA) have decided to re-route all their Asia – USEC services through Suez on westbound voyages to America.

The re-routing will affect three services: EC1, EC2 and EC6.

New EC1: Kaohsiung, Xiamen, Yantan, Shanghai, Ningbo, Busan … (Suez Canal) … Newark, Norfolk, Charleston, Savannah … (Suez Canal) … Kaohsiung

New EC2: Qingdao, Yantan, Ningbo, Shanghai, Busan … (Suez Canal) … Savannah, Charleston, Wilmington, Norfolk, Cartagena (Colombia) … (Panama Canal) … Qingdao

New EC6: Kaohsiung, Hong Kong, Yantian, Ningbo, Shanghai, Busan … (Suez Canal) … Houston, Mobile … (Suez Canal) … Kaohsiung

(Source: Alphaliner)