Weekly Ocean Operations Update: Asia to Europe, US and Australia 03/03/23

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
• Equipment levels are sufficient
• No weather disruptions
• Export demand to North Europe remains 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

• Ocean Alliance’s FAL3 service will be direct calling APL Temasek (VUT ETA 21 Mar 2023)

  Ex. VUT -> RTM (24 days)
  Ex. VUT -> SOU (27 days)
  Ex. VUT -> ANR (32 days)

Market Intel: Oceania

• Equipment availability
  
  Source: ANL
  

Market Intel: USA

• Port of Vancouver Expansion increase Container Handling Capacity by 60%

  The Centerm terminal at the Port of Vancouver, Canada’s largest container port has completed an expansion project increasing its annual container throughput capacity by 60% to 1.5 million TEU.“By using new technologies and reconfiguring the terminal, we have been able to increase throughput capacity by 60 percent with only a 15 percent increase in the terminal footprint,” said Maksim Mihic, chief executive and general manager of DP World, which operates the Centerm terminal.

  Source: Shipco