Weekly Ocean Operations Update: Asia to Europe, US and Australia 10/02/23

Shanghai Port Update:

• Port operations are currently normal
• Vessel waiting time is 0-3 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 after the Chinese Lunar New Year (CNY) remains very weak

Ningbo Port Update:

• Port operations are currently normal
• Vessel waiting time is 2-4 days
• No equipment availability issues
• 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
• 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

• Suspension of 2M loop ‘AE1 / Shogun’ loop continues. (Source: Alphaliner)
• MSC DRAGON service will come back which connect Asia to Israel, Italy and South of France, and offer the fastest transit times into the Mediterranean to further help provide our clients the flexibility to meet market demands. (Source: MSC)

Market Intel: Oceania

• Equipment availability
  
  Source: ANL

Market Intel: USA

• MSC opens up North Indian Market with Sentosa Service Expansion

  MSC will expand its current Sentosa service to connect the main ports of China directly with India’s key ports of Mundra and Nhava Sheva and with Colombo in Sri Lanka.

  The first vessel will be MSC MARA which is expected to depart Long Beach on 5th Mar on voyage FV309W. New routing will be :

  Port Klang – Singapore – Tanjung Pelepas – Laem Chabang – Vung Tau – Da Chan Bay – Shekou – Long Beach – Oakland – Busan – Qingdao – Shanghai – Ningbo – Kaoshiung – Shekou – Singapore – Nhava Sheva – Mundra – Colombo
  
  (Source: MSC)