Weekly Ocean Operations Update: Asia to Europe, US and Australia 04/11/22

Shanghai Port Update:

• Port operations are currently normal
• Vessel waiting time is 2-4 days due to port congestion at Ningbo port
• No equipment availability issues noted; all container types are available.
• No weather disruptions
• No capacity issues

Yantian Port Update:

• Port operations are currently normal.
• Vessel waiting time is 1.5-2 days due to the impact of Typhoon Nalgae
• No equipment issues
• Typhoon Nalgae was affecting the Guangdong area between 31 October - 3 November
• There has been a small decrease in capacity due to the impact of Typhoon Nalgae; the terminal closed on 2 November at 07:00 and returned to normal on 3 November at 14:00

Ningbo Port Update:

• Ningbo Beilun has resumed normal operations. As per COVID preventative rules, all drivers who arrange empty pick-up and laden units require a Green code with 48 hours negative nucleic acid test before entering the terminal.
• Vessel waiting time is 1-4 days due to port congestion
• No equipment issues
• No weather disruptions
• Capacity is normal

Qingdao Port Update:

• Port operations are currently normal
• Vessel waiting time is around 1 day
• No equipment issues
• No weather disruptions
• No capacity issues

FEWB Rate and Capacity Update:

Oceania Rate and Capacity Update:

TP Rate and Capacity Update:

Blank Sailing Updates:

• Australia
• EU
• USA

Market Intel: EU

• Cosco Shipping Lines and OOIL have confirmed their orders for 24,000 teu methanol-fuelled ultra-large containerships (ULCSs). (Source: The Loadstar ）
• Maersk offers shippers the opportunity to slow cargo arrivals from Asia destined for European and US ports to help retailers manage bloated inventories. (Source: The Loadstar)

Market Intel: Oceania
Terminal and port update:

(Source: ANL)

Market Intel: USA

• Oakland port disruption underpins support for West Coast cargo shift
  Cargo-handling operations were disrupted at the Port of Oakland Wednesday on 2nd Nov, providing fresh vindication for importers who are diverting growing volumes of cargo to the East and Gulf coasts amid contentious longshore contract talks on the West Coast. That shift is likely to continue until a labor deal is reached, which some believe won’t happen anytime soon.
  
  In the latest disruption linked to the contract talks, marine clerks from the International Longshore & Warehouse Union (ILWU) picketed at Oakland over a travel pay issue for dockworkers who come into the port from outlying locations. That forced three of Oakland’s four container terminals to halt operations for Wednesday’s first shift.
  
  (Source: JOC)