Weekly Ocean Operations Update: Asia to Europe, US and Australia 24/03/23

Shanghai Port Update:

• Port operations are currently normal
• Vessel waiting time is 0-3 days
• 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
• There is a shortage of 20'GP from MSC
• No weather disruptions
• Generally low volumes in the market due to reduced consumer demand and inventory reduction programmes; spot and long-term contract rates continue to soften

Ningbo Port Update:

• Port operations are currently normal
• Vessel waiting time is 2-4 days
• MSC has a shortage of 20’GP, the backup solution is to pickup empties in other MSC depots in factories nearby
• No weather disruptions
• Space is tight

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 need to be confirmed 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

• Labour action at the Port of Hamburg has shut down vessel movements for 48 hours in a row over wages. (Source: Port Techonology)
• Hapag-Lloyd has confirmed that THE Alliance vessels deployed on the Asia-North Europe tradelane were no longer making a 3,500 nautical mile diversion around the Cape of Good Hope on their backhaul voyage... (Source: The Loadstar)

Market Intel: Oceania

Source: ANL

Market Intel: USA

• ZIM upsizing its USEC service:
  ZCP will be upsized from 10,000TEU ships to 15,000TEU vessels
  (Routing: Qingdao, Ningbo, Shanghai, Busan, Kingston, Savannah, Charleston, Wilmington)
  
  ZXB changed from 5,000TEU to 8,000TEU vessels
  (Routing: Jakarta, Long Beach, Cai Mep, Haiphong, Yantian, Kaoshiung, Kingston, Baltimore, Norfolk, New York, Boston)
  
  ZGX will be changed from 6,500TEU to 8,500TEU
  (Routing: Xiamen, Yantian, Busan, Houston, Mobile, Tampa)
  
  (Source: ZIM)