Just now, another new player entered the US line with a shipping capacity of 30,000 TEUs, causing freight rates to plummet by 15%!
Port congestion has intensified again. The round trip time between Asia and Europe has been delayed by nearly 30 days, and ports in the United States and the West are waiting for unloading.
Official refutation of rumors! This week, MANUKAI on the Matson CLX route canceled the call at Ningbo Port
The hot market and high freight rates continue to attract new players to enter the market
Following CU Lines, BAL Container Line, and Neptune and Ali, a company called Singapore Sea Line Shipping made its debut. Its container ship PINOCCHIO (Sea Line Pinocchio) was fully loaded with more than 1,000 containers from Singapore this Monday. Departure from the Phase III Terminal of Nansha Port Area of Guangzhou Port!
It is reported that the code for the direct route to the West-West United States opened by Singapore Ocean Line Shipping this time is ALX. Six container ships of 4900TEU-6350TEU will be initially invested in bi-weekly operations. , it will be upgraded to weekly operation in the future!
The port sequence of this route of Singapore Maritime Shipping is: Nansha-Ningbo-Long Beach-Nansha!
This may be the new shipping company with the largest investment in shipping capacity this year. It invests not only full container ships, but also the number of ships invested (6 ships) and the single-ship shipping capacity ( 6 ships (4900TEU-6350TEU). Compared with some regular forces in the industry, such as Matson, Zim and Wanhai, these two figures are in no way inferior!
The most important thing is that the route in Singapore Sea Territory is positioned as a weekly route instead of a regular one-stop or overtime ship!
With the addition of new liner operating companies and continuous overtime ships, the freight rate from China to the West Coast of the United States has shown a downward trend recently. The latest Baltic Daily Freight Index (Freightos Baltic Daily Index) found that today (August 19), on the same index, freight rates on the West Coast of North America have plummeted 15% from US$20,000 to US$15,809!
The round trip time between Asia and Europe has been delayed by nearly 30 days! Ports in the West are waiting to unload cargo
Affected by the rebound of the epidemic, port congestion in many places has once again intensified. More than 350 cargo ships around the world are queuing up to unload cargo. Some media said that the current repeated epidemic may cause the global shipping system to face the biggest crisis in 65 years.
Roads between Asia and Northern Europe are experiencing month-long delays as port congestion worsens at both ends. At the same time, as the National Day holiday approaches, in order to avoid the peak shipping period before the holiday, Maersk recommends cargo owners to book containers as soon as possible.
The Asia-North Europe route was originally expected to take about 75 days for round-trip transportation, but now it takes 100 days or more. According to a Maersk Consulting report, the waiting time for ships at the Port of Antwerp has been as long as 10 days.
Alphaliner reported that due to congestion at the port of Antwerp, the new ship MSC Amelia deployed on the AE55/Griffin service has been diverted to Zeebrugge. “The new ship was originally scheduled to arrive at the Port of Antwerp on July 28, but it only arrived at the Port of Rotterdam, the first Nordic port on its route, on August 14.”
In the busiest ports of Los Angeles and Long Beach in the United States, more than 20 cargo ships are waiting for berths, and the waiting time can be up to 12 sky. This “ship jam” phenomenon has led to shortages of goods, logistics delays and rising prices in many places.
According to the latest data from the Signal platform of the Port of Los Angeles, there are currently 19 container ships waiting at the anchorage in Southern California, and 11 ships waiting outside the port. The average waiting time is The stay is 5.8 days.
Shipping Judah Levine, director of research at tracking company Freightos, said that if China closes some ports, freight rates will continue to rise, which means the market will need to increase its shipping capacity by 25% to handle the same amount of cargo. The imbalance between supply and demand caused by ongoing congestion and delays has sent freight rates out of control.
According to Drewry’s latest report, among the 496 sailings on major routes such as trans-Pacific, trans-Atlantic, Asia to Northern Europe and the Mediterranean, cancellations were announced between weeks 31 and 34. The number of voyages has reached 24, with a cancellation rate of 5%.
The US freight forwarding company Flexport also stated that the transportation time from Shanghai to Chicago via the ports of Los Angeles and Long Beach has increased from 35 The number of days increased to 73 days. This means that it takes approximately 146 days for a container to depart from the port of origin and return to the port of origin, which is equivalent to a 50% reduction in the available shipping capacity on the market.
The time it takes for a container to be loaded and unloaded from the ship to the terminal train is 18 days in Seattle, two weeks in Oakland, and more than a month in the Port of Savannah. Week. Ocean freight delays have held up the equivalent of 25% of all transpacific capacity, while demand has increased over the same periodA jump of 25%.
Official refutation of rumors: Ningbo terminal is congested, Matson cancels Ningbo port call
In response to the recent news on the Internet that Matson will suspend call at Ningbo in September, etc. Regarding the remarks, Matson Lines issued an official clarification as follows:
1. Due to the company’s normal route adjustment, the ship has temporarily canceled its call at Ningbo this week, and it is only a temporary adjustment.
2. Matson Line’s West Coast routes including CLX, CLX+, and CCX will continue to call Ningbo Port as planned and promise to provide customers with consistent high-quality transportation services. A promise worth a thousand dollars will come true!
3. Mason Line reserves the right to pursue legal liability for false rumors on the Internet. </p
