Weekly Ocean Operations Update: Asia to Europe, US and Australia 26/05/23

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
• All container types available
• No weather disruptions
• Soft 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
• All container types available
• No weather disruptions
• Space is tight due to the occupation of empty units

Qingdao Port Update:

• Port operations are currently normal
• There is currently a 1-day delay on vessel waiting time
• 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 currently 1 day
• CMA are lacking 20'GP; 40'GP / 40'HQ are open; others need to be confirmed case by case
• No weather disruptions
• Space is tight due to liners implementing blank sailings / port omissions; bookings should be made 2 weeks in advance to guarantee space; rollovers have occurred due to overbooking; the market is still soft

FEWB rate and capacity update:

Oceania rate and capacity update:

TP rate and capacity update:

Blank Sailing Updates:

• Australia
• EU
• USA

Market Intel: EU

• Double Antwerp call for 2M’s ‘AE6 / Lion’ as from mid-July. (Source: Alphaliner)

• Food waste for climate friendly transportation based on biofuel. You can now directly book a climate-friendly shipment via the self-service tool in our [Hapag-Lloyd's] Online Business Suite - tailored to your requirements. Simply add Ship Green to your Hapag-Lloyd booking, and avoid 25%, 50%, or 100% of the emissions on the ocean leg of your container transport. (Source: Hapag Lloyd)

Market Intel: Oceania

• Terminal and port update
  
  (Source: ANL)

Market Intel: USA

• 2M removes Tokyo from TP8 (or Orient) services

  To provide customers with efficient and reliable service, Maersk has announced the removal of the Tokyo call from the rotation of the 2M Far East – USWC “TP8 / Orient” service.

  New Port Rotation: Qingdao, Shanghai, Ningbo, Busan, Los Angeles, Oakland, Qingdao

  (Source: Alphaliner)