Weekly Ocean Operations Update: Asia to Europe, US and Australia 25/11/22

Shanghai Port Update:

• Port operations are currently normal
• Vessel waiting time is 0-3 days due to port congestion
• 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 1-2 days due to the port being slightly congested
• 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

• The major shipping lines say they will pass on the extra costs of compliance with the forthcoming European Union Emissions Trading System (ETS). Maersk Line and MSC have said they would pass on the full cost to customers, estimating this at €90 per tonne of CO2 (Source: The Loadstar)

Market Intel: Oceania

(Source: ANL)

Market Intel: USA

ZIM and 2M partner close Far East – USEC loop

ZIM is ending this week its Vietnam – China – USEC service – Z7S (2M’s MSK = TP23; MSC = Liberty service), to adjust the capacity in line with the slowing demand on the Asia – USEC trade.

MSK and MSC will continue to offer a direct connection between Vietnam and Charleston by adding this US port to the rotation of their join TP17/America

Source: Alphaliner