Weekly Ocean Operations Update: Asia to Europe, US and Australia 28/07/23

Shanghai Port Update:

• Port operations are currently normal
• Vessel waiting time is 0-3 days
• HPL are lacking containers but it is possible to pick them up at the last minute
• Typhoon Doksuri may impact the pick-up of empties and cause laden gate-in delays over this weekend
• No capacity issues

Yantian Port Update:

• Port operations are currently normal
• Vessel waiting time is 1 day
• All container types are available
• No weather disruptions
• Volumes are picking up slightly in July, but there are still generally low volumes in the market. Market remains soft across all trades. We are seeing an uptick in July volumes, and retailers are sharing that destination inventories are being worked through, with positive sentiment that Q4 volume will start to pick up

Ningbo Port Update:

• Port operations are currently normal
• Vessel waiting time is 2-4 days
• All container types are available
• Typhoon Doksuri may impact the pick-up of empties and cause laden gate-in delays over this weekend
• Space is tight due to being occupied by empty units

Qingdao Port Update:

• Port operations are currently normal
• There is currently a 1-3 day delay on vessel waiting time
• Some equipment is limited
• No weather disruptions
• No capacity issues

Xiamen Port Update:

• Port operations are currently normal
• Vessel waiting time is currently 2-3 day delay on vessel waiting time due to Typhoon Doksuri
• 20'GP / 40'GP / 40'HQ are open; others need to be confirmed case by case
• Due to Typhoon Doksuri, CY has been closed from 26 July and the CFS closed from 27 July. It's currently estimated that they will reopen on 31 July
• Space is currently tight due to Typhoon Doksuri; there is a rolling pool due to rate increases in August

FEWB rate and capacity update:

*GRI increases are for spot rates only; this will not apply to customers with a rate contract in place

Oceania rate and capacity update:

*GRI increases are for spot rates only; this will not apply to customers with a rate contract in place

TP rate and capacity update:

*GRI increases are for spot rates only; this will not apply to customers with a rate contract in place

Blank Sailing Updates:

• Australia
• EU
• USA

Market Intel: EU

• East-North Europe ‘Swan’ service, this loop was launched in June 2023 as a standalone service. The revised rotation as from week 36 will include calls at Qingdao, Busan, Ningbo, Yantian, Tanjung Pelepas, Antwerp, Gdynia, Gdansk, Klaipeda, Bremerhaven, King Abdullah port, Singapore, Qingdao. (Source: Alphaliner)

Market Intel: Oceania

• Port of Lyttleton (NZ) is currently facing port congestion. (Source: ANL)

Market Intel: USA

• ILWU review and vote for BCMEA’s tentative deal

  Members of ILWU Canada (International Longshore and Warehouse Union) are under reviewing and to vote for the BCMEA (The British Columbia Maritime Employers Association)’s tentative agreement after the terms of the deal. (Source: The Loadstar)