Ports/Logistics

Total 39 Posts

Markets

Taiwan Calls Possibly Affected By Military Drill

Xinhua News Agency announced overnight that PLA will conduct military drills between 4 August and 7 August in areas surrounding Taiwan. We have found that 186 ports calls by 174 container ships/675k TEU capacity may be affected. Please see attached list for details of Trade/Operators/Services/Ships that are due to depart during the affected period. Download excel file [https://www.linerlytica.com/uploads/twspc/TaiwanCalls0804-0807.xlsx?utm_source=20220803]

Ports

Chinese port through up 2.6% YoY in 22H1

Chinese port volumes grew by 2.6% in the first half of 2022 despite the negative impact of the lockdowns across several major Chinese cities this year. The overall port volumes are partly inflated due to the shift from trucking to barge movements. Performance was mixed amongst the main ports, with Shanghai, Guangzhou, Hong Kong, Lianyungang and Yingkou all recording negative growth. Ningbo reported the largest gains of 8.7%, largely due to the diversion of cargo from Shanghai that was hit by l

Ports

Global Port Volume Seems Peaked

Global container handling volumes in June remain robust but there are some signs that volumes may have peaked for the year already. Weakening demand in the US and Europe is filtering into port volumes. North American ports slipped in June after hitting a record high in May with the trend expected to persist over the coming months. In Europe, Rotterdam posted a -6.9% drop in handling volumes in the second quarter after a -1.7% drop in the first quarter with volumes to Russia badly affected by s

Ports

N American Port Volume

Aggregate container volumes at North American ports remain elevated in June but have come off the peak recorded in May, sliding by an estimated 5.4% during the month. Total volume in June was 5.3m TEU, up 5% YoY because June 2021 volume was affected by congestion. Total volumes in the next few months are expected to continue this trend with renewed strength at East Coast ports, while West Coast volumes remain muted. Oakland volumes will be hit in July as gate operations are limited. Overall vo

Ports

S.China Port Throughput Flat YoY in 2022H1

Total volumes in the 3 main ports in South China (Shenzhen, Guangzhou and Hong Kong) have largely held their ground during the 1st half of 2022, with aggregated volume growth rising marginally by 0.2% in the first 6 months of this year. Shenzhen was the best performer, registering 4.6% growth but the improvement was to a large part due to the sharp fall in May and June last year when Yantian port was closed due to Covid restrictions. Yantian registered a total growth of 6.7% in the first half w

Ports

Port Congestion Up in Europe

Congestion at European ports are also inching upwards, with rapidly deteriorating conditions in Northern Europe cancelling out the recent improvements at Med ports. The situation especially bad at German ports which have been hit by a 48 hour strike on 14-16 July. It follows a 24 hour walkout on 23 June and an one-shift warning strike on 9 June with dockworkers unable to reach an agreement on their demands for higher pay after 6 rounds on negotiations. Vessels queues are already very high espe

Markets

Global Port Volume Flat in 22H1

Projected throughput growth for Linerlytica’s global port sample that accounts for over 75% of global container handling volumes is expected to show a marginal increase of just 0.3% during the first half of 2022. Chinese ports remain largely resilient despite the COVID related lockdowns, with first half growth estimated at 2.4%. A more detailed analysis of the Chinese volumes will be added next week when  the final port numbers for June are confirmed. North American ports also performed strong

Ports

Eastern China Port Volume Rebounding

Total volumes in the twin Eastern China main ports of Shanghai and Ningbo rebounded in June, posting a month on month increase of 2.3% compared to May and a 0.1% increase year on year compared to June 2021.

Ports

USEC port congestion worsening

US port congestion is rising again with worsening delays at US East Coast ports. The vessel queues at East Coast ports has grown to over 630,000 teu.

Ports

May YTD Volume Flat

Global port volumes remain robust in May despite early signs that volume growth has started to slow as rising inventory levels in the US and Europe and slowing consumer spending has resulted in a reduction in new orders from Asia.

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