Total 65 Posts
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
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
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
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.
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.
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.
Global port volumes for May have been adjusted upwards due to stronger than expected performances in China and the US. Latest projections for May show a 3.7% month on month rebound compared to April, and a year on year drop of just -0.7% compared to May 2021.
Chinese container port volumes rebounded sharply in May, recovering by 7.1% compared to the weak April numbers and a 3.9% gain year on year.
Global port congestion increased to 12.4% as at 19 June 2022, with congestion picking up again in Chinese ports especially around Ningbo, Shanghai and Qingdao.
Global port congestion dropped from 13.1% to 11.1% in the past week, due mainly to the fall in Chinese port congestion.