Weekly Ocean Operations Update: Asia to Europe, US and Australia 21/04/23

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 remains a shortage of 20'GP from MSC
• No weather disruptions
• Soft volumes in the market due to low 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 and CMA still have a shortage of 20’GP
• No weather disruptions
• Space is tight due to the occupation of empty units

Qingdao Port Update:

• Port operations are currently normal
• Vessel waiting time is around 1-2 days
• CMA has a shortage of 20’GP
• 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

• Yangzijiang delivers the MSC LORETO (24,346 teu)that will join the carrier’s Asia - Europe service ‘Lion’, which is part of the 2M network (Maersk: ‘AE6’). (Source: Alphaliner)
• New central council will ensure shipping influence on EU's CO2 quotas. (Source: Shippingwatch)

Market Intel: Oceania

• Terminal and port update

  
  (Source: ANL)

Market Intel: USA

• USA Terminals Operation updates:

  NY/NJ - Vessel waiting time is up to 1 day.
  Import Dwell time at APM terminal is up to 1 day.
  Norfolk – Vessel waiting time is up to 2 days.
  Savannah – Vessel waiting time is up to 2 days.
  Charleston - Vessel waiting time up to 1 day.
  Miami/Port Everglades – Vessel waiting time up to 2 days.

  U.S. Gulf Coast:

  Houston – Vessel waiting time is up to 2 days.

  U.S. West Coast:

  Los Angeles/ Long Beach – Vessel waiting time up to 4 days.
  Seattle – Vessel waiting time up to 2 days.
  Oakland – Vessel waiting time up to 3 days.
  
  (Source: Shipco)