Total 59 Posts


2022 Global Throughput Likely Grow 0.3% YoY

Maersk has lowered its outlook for 2022 global container demand growth to between -4% to -2%, compared to its earlier guidance made in August 2022 of between -1% and +1%. Maersk had initially expected global container volumes to grow by +2% and 4% in February this year but had been repeatedly forced to revise its forecasts downwards. Despite Maersk’s negative outlook, Linerlytica still expects global container throughput growth to remain positive at 0.3% despite the sharply reduced volume proje


Global Port Throughput Down In Sep

Global port throughput may be down 4.3% Mo and 0.2% YoY, based on Linerlytica's port sample of over 200 ports globally. Higher than expected volumes at Chinese ports has lifted global estimates for September marginally, but the trend remains negative with volumes still falling by 4.3% on a month to month basis, with a sharper drop expected in October. YTD volume growth in the first 9 months of 2022 is estimated to have reached 1.2% compared to the same period last year. But slower growth in


India Throughput Soft

Container volumes handled at Nhava Sheva dropped in September compared to the previous 7 months, as the elevated demand over the past year is starting to ease. Growth at neighbouring Mundra is also showing signs of easing, despite the increase in overall capacity to the Indian subcontinent. Based on Linerlytica’s capacity survey, the overall capacity on South Asia and Middle East routes has grown by 6% in October compared to the same period last year. The utilization since week 39 dropped to 93


Earliest Throughput Data in Asia Points to Sequential Drop

August throughput volumes reported so far continue to show weakness, with month on month (MoM) declines. Shanghai port has reported a -3.0% MoM drop compared to July volumes and a -3.4% YoY drop compared to August last year, in an early indication that overall volumes are already softening even though most of the main ports have not yet reported their August handling volumes. Singapore reported -0.7% MoM while Hong Kong reported -3.2% MoM for August.


Vietnam leads ASEAN in container throughput

Vietnam has grown to become the largest container market in SE Asia (excluding transhipment volumes), having overtaken the Philippines in 2007, Malaysia in 2009, Thailand in 2011 and Indonesia in 2020. Vietnam container port volumes have recovered strongly from the nationwide lockdowns in the second half of 2021 but there are also early signs of softening volumes, with Ho Chi Minh City and Cai Mep volumes down 3.9% in Jan-Jul 2022 compared to the same period last year. Northern Vietnam volumes


Chinese Port Throughput Up 10% YoY in July

Global container port volumes have remained resilient in July with aggregated throughput from Linerlytica’s port sample of over 200 ports reaching an estimated new high of  67.07m teu for the month. Chinese ports posted a strong 10% growth in July, led by very strong gains in Shanghai and Ningbo. The volume recovery since lockdowns in Shanghai and parts of Jiangsu province were eased have helped to push the strong volume recovery in the Eastern China ports. Total throughput at Chinese ports re


Strong Volume for July at Biggest Ports

The 2 largest ports in the world registered very strong volumes in July, with Shanghai recovering strongly from its recent lockdown woes to reach 4.30m teu which was just shy of the record high of 4.35m in January. Singapore posted a new record high of 3.29m teu, beating its previous high of 3.27 in March 2021.


Inbound Outstripped Outbound by 2.7 times at US Ports

US ports continued to face a heavy container imbalance in the first half of this year, with laden inbound container volumes outstripping laden outbound volumes by 2.7 times. Aggregated data from the 10 largest ports in North America showed that inbound volumes grew by 5.1% in the first 6 months of the year compared to the same period last year while outbound volumes dropped by -9.4%. Empty container handling volumes increased by 13.3% to reach a record high of 8.8m teu in the ports surveyed du


Potential Felixstowe Strike

UK ports grew container volumes by 8.5% last year to 11.67m teu compared to 10.76m teu in 2020. The threat of a potential strike at Felixstowe later this month could disrupt operations at the UK’s largest port, which handled 3.6mil teu in 2021. London Gateway recorded a 15% growth to reach 1.80m teu and could soon overtake Southampton to become the second largest container port in the UK behind Felixstowe. 13 ships, 7 in Fe-N.EUR trade, have been scheduled to arrive or depart during 21th-29th A


China Is Still Gaining Share in Exports

China's market share of global port throughput increased marginally in the last four years despite of the US Tariff on the Chinese exports and the lock-downs at China's coastal manufacturing hubs. The port throughput numbers do not show obvious trend of China's losing market share in the exports as oppose to what some in the market have expected. China's market share of global port throughput increased from 33.2% in 2017 to 34.2 in 2021. Over the same period, South East Asia, which is widely ex

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