Weekly Ocean Operations Update: Asia to Europe, US and Australia 18/11/22

Chinese container ports have achieved a 4% container volume growth during the first nine months of the year, compared with the same period in 2021. China's box ports have handled 219.3 million TEUs from January to September 2022. The Ports of Shanghai, Ningbo & Zhoushan and Shenzhen remain the busiest container hubs of China with 35 million TEUs, 26 million TEUs and 22 million TEUs, respectively.

Shanghai Port Update:

• Port operations are currently normal
• Vessel waiting time is 0-4 days due to carrier sailing adjustment
• 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 0.5-1 days 
• 40HC NOR / 45’HC shortage
• No weather disruptions.
• No capacity issues.

Ningbo Port Update:

• Ningbo Beilun resume operation as normal, per COVID preventive rule, all drivers who arrange empty pick up and laden units require Green code with 48 hrs Negative Nucleic Acid test before enter the terminal.
• Vessel waiting time is 1-4 days due to port congestion
• No equipment issues
• No weather disruptions
• Capacity is tight

Qingdao Port Update:

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

Xiamen Port Update:

• Port operations are currently normal
• Vessel waiting time is within 24 hours
• 20GP/40GP/40HQ open, others confirm case by case
• 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

• MSC issued Customer Advisory about Preparing for the EU Emissions Trading System (EU ETS) to update the impact on customers.

Market Intel: Oceania

ANL Adds Trans-Tasman Loop to its ANZ Shuttle Service

(Source: ANL)

Market Intel: USA

Another railroad union rejects contract deal raising possibility of a strike or congressional action:

The International Brotherhood of Boilermakers (IBB) is the third union to have rejected its tentative agreement with the US railroads. While there was a deal struck in September between the 12 unions representing 115,000 railroad workers and the National Carrier’s Conference Committee, select unions have continued to vote down the proposal in subsequent voting measures over quality-of-life issues.

ILWU / PMA negotiations languish on West Coast: 

West Coast ports continue to operate business as usual, though more than four months have lapsed since the labor contract expired on June 30th. Talks have been stalled for several months and industry officials do not believe talks will conclude until sometime in 2023.

Source: Maersk