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
- 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
- CMA has a shortage of 20’GP
- No weather disruptions
- Space is tight due to being occupied by 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 is 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:
Market Intel: EU
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Another 24,188 TEU Container Vessel “OOCL Turkiye” Joins OOCL’s Fleet. Being a part of OOCL’s strategic plan for further growth in Asia -Europe trade, “OOCL Turkiye” will join her sister vessels OOCL Spain and OOCL Piraeus in serving OOCL’s Asia-Europe LL3 service loop. (Source: OOCL)
- Ocean Network Express takes a bold step towards sustainable shipping with 24,000-TEU container ship “One Innovation”. She will be deployed on the Asia to Europe (FE3) service, under THE Alliance. (Source: ONE)
Market Intel: Oceania
- Terminal and port update
(Source: ANL)
Market Intel: USA
-
New call for White House intervention as USWC port disruption continues
Disruption has continued at the US west coast ports of Los Angeles and Long Beach, with three terminals closed on 2nd Jun in the continuing stand-off between labour and employers.
Operations at the twin-port complex as well as at Oakland, Seattle and Hueneme were disrupted on Friday as no-shows by workers forced container terminals to close and impacted operations at others.
Though operation appeared to be back to normal over the weekend, US governments relations urge the administration to mediate to ensure the parties quickly finalise a new contract without additional disruptions.”
(Source: The Loadstar)
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