Shanghai Containment Effect Shipment! Stop Sailing And Jump Harbor!

Apr 26, 2022

Affected by the global epidemic, war and conflict, port congestion and other factors, China's export demand is slowing down, container spot freight prices are facing increasing pressure, 14 consecutive drops to a nine-month low.

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In an effort to stabilize rates, liner companies are adjusting their sailings. According to the latest data released by Drury on Monday, 78 sailings have been cancelled in the next five weeks, a cancellation rate of 11 percent. During this period, 64 per cent of empty voyages (up from 58 per cent in the previous period) will take place on trans-Pacific eastbound trade routes, mainly to the US West Coast.

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In addition, due to the impact of lockdown control in Shanghai, shipments to Shanghai port have been affected. Collection card transportation, port operation efficiency and so on are affected, a large number of ships open late, etc. Recently, cMA, MSC, KMTC, HPL, ZIM and other major shipping companies continue to issue shipping schedule change notice, cancel the port of Shanghai....

On April 12, the Ministry of Transport issued a notice calling for all-out efforts to ensure smooth operation of the Shanghai port. Shanghai Municipal Transportation Commission and Shanghai International Port Group shall coordinate with international liner companies to ensure the investment of airlines, flights and shipping space attached to Shanghai port, and shall not reduce the attached to Shanghai port.... at will


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