Weekly Ocean Operations Update: Asia to Europe, US and Australia 17/02/23

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
• Equipment availability is OK this week
• 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

• CMA CGM launched a new feeder service linking Germany with Denmark, branded as ‘Denmark Express’. (Source: Alphaliner)
• MSC Launches New Feeder Service NWC to / from Dublin and Cork. (Source: MSC)

Market Intel: Oceania

• Terminal and port update
  
  Source: ANL
  

Market Intel: USA

• MSK suspends Asia to USEC – TP20 loop
  MSK has announced the temporary suspension of its standalone South East Asia – USEC TP20 service.
  
  The Asia – North America loop turns in 10 weeks with 10 classic panamax ships of 4,100-4,800TEU and it connects Jakarta, Cai Mep, Shanghai, Ningbo, Busan, …(Panama)… Mobile, Newark, …(Suez Canal)…Jakarta.
  
  The suspension ‘until further notice’ is a consequence of forecast reduction in global demand, which prompted MSK to take action and adapt its network capacity.
  
  (Source: Alphaliner)