The UN security council has adopted a resolution overnight demanding a stop to the attacks from the Houthies. No attacks have been reported since yesterday.
Carriers continue to experience localised shortages of equipment, but our team in China is reporting that equipment availability looks okay at the moment. The equipment situation is expected to become tighter by the end of January (week 4 and 5), as Chinese New Year approaches.
Space / Blank sailings
Vessels due to depart in the second half of January are full. Leading up to Chinese New Year, we expect capacity reductions. The latest information we have from our teams in Asia show an average capacity reduction of 30% across all three shipping alliances as we go into February. Based on the current instability of the schedule, we expect capacity issues through Q1.
Anything going via a transhipment port, for example containers coming from Bangladesh, are likely to experience congestion and potential delays in these ports.
Preparing for future bookings
Suppliers should be making their booking as early as possible – at least 3-4 weeks before vessel departure. We expect scheduling challenges to continue to be a problem over the next few months, so please plan ahead.
Our team is here to help. Please get in contact to discuss your specific situation or get the latest on the disruption.