Shanghai Port Update:
- Port operations are currently normal
- Vessel waiting time is 0-2 days
- 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 day
- No equipment availability issues
- No weather disruptions
- Export demand to North Europe ahead of the Chinese Lunar New Year (CNY) remains dampened and that is expected to continue post-holiday
Ningbo Port Update:
- Port operations are currently normal
- Vessel waiting time is 2-5 days due to the approach of CNY
- CMA all types shortage; HMM 40’GP shortage
- No weather disruptions
- Space is tight due to empty units
Qingdao Port Update:
- Port operations are currently normal
- Vessel waiting time is around 0-2 days due to sailing delays
- 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:
Market Intel: EU
- Hapag-Lloyd is building a new transshipment terminal with an annual handling capacity of 3.3 million TEU in Damietta, Egypt. (Source: Port Technology)
- CMA CGM new terminal investment into EGYPT is now ready to accept PHOENICIAN ADRIATIC service from ASIA as from 2023. (Source: CMA CGM)
Market Intel: Oceania
Terminal and Port Update
(Source: ANL)
Market Intel: USA
TP Trend outlook for early 2023 by Maersk
Quoted by Maersk latest news:
While we see a slightly stronger booking in pre-CNY, we expect overall demand in January to be flat. Customers tell us they are still suffering from super high DC stock levels and low consumer confidence when it comes to spending.
Source: Maersk
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