Zencargo Market Update: 4th April
Apr 04, 2022
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Apr 04, 2022
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The COVID-19 lockdowns in China and the war in Ukraine are the latest disruptions that are creating challenges for container flows.
Vessel availability is a prime issue as shown in February as 11.6% of the global fleet of vessels were unavailable. The challenge was even greater in January as vessel unavailability was at 13.5% as they were stuck in port congestion. Although schedule reliability is slowly improving, it still remains at low levels.
The combination of low schedule reliability, sudden disruptions in the market and high consumer demand means that port congestion may not see normality until 2023.
Ocean
Carriers | POL | 20GP | 40GP | 40HQ |
---|---|---|---|---|
HPL | NINGBO | Normal | Normal | Normal |
SHANGHAI | Normal | Normal | Normal | |
YANTIAN | Normal | Shortage | Shortage | |
SHEKOU | Normal | Shortage | Shortage | |
MSK | QINGDAO | Normal | Normal | Normal |
SHANGHAI | Normal | Normal | Normal | |
NINGBO | Normal | Normal | Normal | |
Nanjing | Normal | Normal | Normal | |
Xiamen | Normal | Normal | Normal | |
YANTIAN | Normal | Normal | Normal | |
SHEKOU | Normal | Normal | Normal | |
NANSHA | Normal | Normal | Normal | |
HONGKONG | Normal | Normal | Normal | |
SHANTOU | Normal | Normal | Normal | |
ONE | YANTIAN | Normal | Normal | Normal |
SHEKOU | Normal | Normal | Normal | |
XINGANG | Normal | Normal | Normal | |
QINGDAO | Normal | Normal | Normal | |
SHANGHAI | Normal | Normal | Normal | |
NINGBO | Normal | Normal | Normal | |
ZIM | XIANGANG | Normal | Normal | Normal |
NINGBO | Normal | Normal | Normal | |
SHANGHAI | Normal | Normal | Normal | |
YANTIAN | Normal | Normal | Normal | |
SHEKOU | Normal | Normal | Normal | |
HMM | SHANGHAI | Normal | Normal | Normal |
NINGBO | Normal | Normal | Normal | |
YANTIAN | Normal | Normal | Normal | |
SHEKOU | Normal | Normal | Normal | |
MSC | SHANGHAI | Normal | Normal | Normal |
NINGBO | Normal | Normal | Normal | |
YANTIAN | Normal | Normal | Normal | |
SHEKOU | Normal | Normal | Normal | |
EMC | YANTIAN | Normal | Normal | Normal |
SHEKOU | Normal | Normal | Normal | |
NINGBO | Normal | Normal | Normal | |
SHANGHAI | Normal | Normal | Normal | |
QINGDAO | Normal | Normal | Normal | |
OOCL | YANTIAN | Normal | Normal | Normal |
SHANGHAI | Normal | Normal | Normal | |
NINGBO | Normal | Normal | Normal | |
CMA | QINGDAO | Normal | Normal | Shortage |
SHANGHAI | Normal | Normal | Shortage | |
NINGBO | Normal | Normal | Shortage | |
YANTIAN | Normal | Normal | Shortage | |
SHEKOU | Normal | Normal | Shortage | |
cosco | YANTIAN | Normal | Normal | Normal |
SHEKOU | Normal | Normal | Normal | |
SHANGHAI | Normal | Normal | Normal | |
NINGBO | Normal | Normal | Normal | |
QINGDAO | Normal | Normal | Normal | |
DALIAN | Normal | Normal | Normal | |
XINGANG | Normal | Normal | Normal | |
YML | YANTIAN | Normal | Normal | Normal |
SHEKOU | Normal | Normal | Normal |
Air
Road
Ocean
Ocean
Ocean
Road
The Port of Dover faces disruptions that are impacting trade routes and travel plans.
Freight drivers are experiencing 9 hour wait times on the roads approaching the port and the delays are expected to continue for days.
The biggest disruption could be to imported goods. Simultaneously, exported goods are also caught up in the gridlock, however, most of the vehicles aim to return to Europe to pick up more deliveries for the UK market.
Fuel costs continue to rise despite cuts to duty
The latest prices at the pumps in bulk and on the forecourt suggest that the 5p per litre fuel duty cut announced last Wednesday is currently having little impact. Gains in wholesale prices have exceeded the duty loss and the price of Brent crude still averages more than $120 per barrel.
The average price of diesel is up by nearly 50p per litre now within a year – with no signs of prices easing despite the duty cut. There was also no delay in the ban to red diesel in April – as called for by the RHA in the Spring Statement – which will further put pressure on the fuel costs of the commercial vehicle sector.
European Bank Holidays
We anticipate a shortage of availability and the occurrence of delays around the bank holiday periods. Plan ahead and allow extra time for your products to be delivered.
April 7th – CH*
April 8th – DE*
April 10th – BA*, ES*
April 14th – DK, ES, NO
April 15th – AD, CH, CZ, DE, DK, ES, EE, FI, GB, HU, LV, NO, NL, PT, SE, SK
April 16th – DK
April 17th – BA, DE, DK, EE, FI, HU, IT, LT, LV, NO, NL, PT, PL, SE, SI
April 18th – AT, AD, BE, BA, CH, CZ, DE, DK, ES, FR, FI, FL, GB, HU, HR, IT, IE, LU, LT, LV, NO, NL, PL, SE, SK, SI
April 22nd – BG, BA, GR, ME, RO, RS
April 23rd – BG, TR
April 24th – BG, GR, MD, RO, RS, UA
April 25th – BG, BA, GR, IT, MD, ME, PT, RO, RS, UA
April 27th – NL, SI
*Not in all regions
The route ahead
The information that is available in the Weekly Market Update comes from a variety of online sources, partners and our won teams. Click below to learn more about how Zencargo can help make your supply chain your competitive advantage.
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