Weekly Ocean Operations Update: Asia to Europe, US and Australia 26/04/24

Overview by trade lane

FEWB summary:

Rate and capacity update as of April 26, 2024:

Oceania summary:

Rate and capacity update as of April 26, 2024:

Transpacific summary:

Rate and capacity update as of April 26, 2024:

Asia port updates

Shanghai

• Vessel waiting time is still ranging from 0-5 days due to congestion at the port
• Many carriers have been experiencing equipment shortages once again this week
• Capacity is normal
• No weather disruption

Yantian

• Port operations are currently normal
• Vessel waiting time is 0-1 day
• Some carriers have a shortage of 20’GP and 40’GP
• Space is tight due to the upcoming Labor Day holiday
• No weather disruption

Ningbo

• Port operations are currently normal
• Vessel waiting time is 2-4 days
• Some carriers are experiencing shortages of 40’HQ empties
• Capacity is normal
• No weather disruption

Tianjin

• Port operations are currently normal
• Vessel waiting time is 2-3 days due to bad weather (fog)
• Some carriers are experiencing a shortage of 20’GP, 40’GP and 40’HC
• Capacity is normal

Qingdao

• Port operations are currently normal
• Vessel waiting time is 2-3 days due to bad weather (fog)
• Some carriers are experiencing shortages of 40’HC
• Capacity is normal

Xiamen

• Port operations are currently normal
• Vessel waiting time is 1-2 days
• Equipment availability is normal
• Space is quite tight
• There are currently ATD / ATA delays due to disruption in the Red Sea
• Schedule reliability has decreased because of longer transit times

Vietnam

• Port operations are currently normal
• Vessel waiting time is 0-3 days
• HPL is experiencing a shortage of equipment, but pickup after a 1-2 day wait is available inn Ho Chi Minh City and Binh Duong
• Capacity is normal
• No weather disruption

Market intel: EU

• OOCL ABU DHABI (24,188 teu) joins OOCL service, phasing into the carrier’s Asia-North Europe ‘LL2’ loop, operated within the frame of the OCEAN Alliance. (Source: Alphaliner)
• Red Sea diversions are overloading Mediterranean transshipment ports (Source: eeSea)
• CMA CGM announces new Freight All Kinds (FAK) rates from May 15, 2024 ex Asia to North Europe (Source: CMA CGM)

Market intel: Oceania

ANL, the Oceania arm of CMA CGM, will next month add fortnightly calls at Auckland to its Australia-New Caledonia-New Zealand ‘ANZ Shuttle’ once again.

ANZ Shuttle service

Vessel Deployed : 2 X 1,100 teu

New Port Rotation : Brisbane – Noumea – Auckland (fortnightly calls) – Tauranga – Brisbane (Source: Alphaliner)

Market intel: USA

Evergreen closes Far East to West Coast Service (TPN) and current fleets will rebranded as APN service, routing as follow :

Fleet : 6,300 Teu – 9,500 Teu x 14

Dammam -> Umm Qasr -> Jebel Ali -> Port Kelang -> Laem Chabang -> Cai Mep -> Kaohsiung -> Yantian -> Shanghai -> Ningbo -> Tacoma -> Vancouver -> Tokyo -> Nagoya -> Osaka -> Shanghai -> Ningbo -> Kaoshiung -> Shekou -> Port Kelang -> Jebel Ali -> Dammam

(Source: Alphaliner)