"Sula" is far away, the port terminal is facing serious congestion

01 The Guangzhou-Shenzhen port terminals gradually resumed normal operations

According to the Guangzhou Maritime Safety Administration, in view of the fact that the impact of the typhoon on the sea lanes of Guangzhou Port has gradually weakened, in order to restore as soon as possibleGuangzhou port to seaThe navigation order of the channel is normal, and the Guangzhou Maritime Safety Administration decided to lift the temporary water traffic control on the channel of Guangzhou Port at 12:00 on September 2.

At 14:00 on the 2nd,Shenzhen Yantian International ContainerThe terminal issued a notice saying that it will fully resume the operation of picking up boxes at the gate at 22:00 on September 2. Due to the long closing time of the typhoon "Sula", it is predicted that the traffic will be greatly affected. In order to ensure the smooth flow of vehicles in the export port area, Yantian International Gate issued an important reminder for the opening of the gate, calling on operating vehicles to make appointments to enter the port according to the announcement time of the terminal, and to operate during peak hours , to avoid aggravating social traffic and inbound traffic pressure.

In view of the fact that the typhoon "Sula" has caused major ports in South China to be shut down for a long time and has a wide range of impacts, the inbound traffic of major ports will face serious congestion!

02 Falling Mississippi River raises freight rates

Barge freight rates on the Mississippi River, a key shipping lane for U.S. crops from the Midwest to the rest of the world, have risen because of falling water levels, meaning the cost of U.S. farm exports has also soared.

As of August 29, the spot freight rate of St. Louis barges in the United States has increased by 49% compared with last week and 42% year-on-year, reaching US.34 per ton. Barge rates are now 85 percent higher than the average for the past three years, according to USDA data Wednesday.

03 China Southern Cargo Airlines opened a cargo route

A B77F full-cargo aircraft of China Southern Cargo Airlines recently took off from Qingdao Jiaodong International Airport and arrived in Toronto after stopping in Anchorage, the United States, marking the official opening of the Qingdao-Anchorage-Toronto cargo route of China Southern Cargo Airlines.

It is reported that this route is China Southern Cargo Airlines' first cargo route from Qingdao to Canada. The opening of the new route will better smooth the air logistics channel between China and Canada and meet the development needs of cross-border e-commerce.

04 Release of national port throughput from January to July

This week, the Ministry of Transport released the national port cargo and container throughput data from January to July 2023. From January to July, the total cargo throughput of ports across the country was 9.62 billion tons, a year-on-year increase of 7.8%, of which domestic and foreign trade throughput increased by 9.2% and 8.8% respectively; container throughput was 180 million TEUs, a year-on-year increase of 4.5%.

Compared with the data of the previous month, the growth rate of domestic trade has increased, and the growth rate of exports has continued to be under pressure. According to data from the General Administration of Customs, my country's import and export in July this year was 482.92 billion US dollars, a decrease of 13.6%. Among them, exports were US1.76 billion, down 14.5%; imports were US1.16 billion, down 12.4%.

From January to July, the top 10 national port container throughput are: Shanghai Port (No. 1), Ningbo Zhoushan Port (No. 2), Qingdao Port (No. 3), Shenzhen Port (No. 4), Guangzhou Port (No. 5) ), Tianjin Port (No. 6), Xiamen Port (No. 7), Suzhou Port (No. 8), Beibu Gulf Port (No. 9), and Rizhao Port (No. 10).

05 Panama Canal delayed, consider alternative routes

As the threat of restrictions on the Panama Canal intensifies, shippers may need to find alternative routes to avoid potential cargo delays.

“Panama Canal delays have now reached 15 days or more and are likely to increase,” said Worldwide Logistics CEO, “The impact has not yet been fully felt by the importer/exporter community as these longer delays have just manifest."

The canal delays come amid a dry spring and an impending El Niño weather pattern, which has lowered water levels in nearby Gatun Lake. As a result, the Panama Canal implemented restrictions in June to conserve water by maintaining ship drafts until the next few months or until the weather changes significantly.

06 Supply and demand are tight! Prices for new boats are still rising

In August, the Clarkson new ship price index was 165.15 points, a 15-year high, up 6.7% from the beginning of the year.

The trend of the price index of different ship types diverged, and the rising trend of bulk carriers and gas carriers continued. The price indexes of new ships in August were 164.00 points and 191.55 points, respectively, up 5.7% and 8.7% from the beginning of the year; The monthly new ship price index was 205.92 points, up 6.6% from the beginning of the year; the container ship price index was 104.51 in August, up 2.3% from the beginning of the year, down 0.8% from the year's high.

07 COSCO SHIPPING Holdings Announces Results for the First Half of 2023

This week, COSCO SHIPPING Holdings released the main performance data for the first half of 2023.

During the reporting period, the operating income of COSCO SHIPPING Holdings was 91.843 billion yuan (the same below); the profit before interest and taxes (EBIT) was 24.701 billion yuan; and the net profit was 19.676 billion yuan, of which the net profit attributable to shareholders of listed companies was 16.561 billion yuan.

During the reporting period, COSCO SHIPPING Holdings achieved a cargo volume of 11,395,328TEU, a year-on-year decrease of 8.6%. Among them, the cargo volume of the trans-Pacific route dropped the most, which was 14.5%, and the Asia-Europe route dropped by 6.7%.

08 The demand dropped sharply, and the freight rates of the three major routes continued to fall

According to the latest data released by the Shanghai Aviation Exchange, the Shanghai Export Container Freight Index (SCFI) fell 17.22 points to 1013.78 points, falling for two consecutive weeks, and the weekly decline widened from 1.2% in the previous week to 1.67%. Among the major long-distance routes, except for the route from the Far East to the West of the United States, which still rose, the other three major routes all fell.

Among them, the freight rate per FEU of the Far East to West America line rose by US to US06, a weekly increase of 0.14%; the freight rate of the Far East to US East line fell by US to US,052 per FEU, a weekly decrease of 1.86%; the far east to Europe line per TEU The freight rate fell by US to US2, a weekly decrease of 5.86%; the freight rate per TEU of the Far East to Mediterranean line dropped by US to US,455, a decrease of 2.77%.

09 DP World will build a new terminal in India

DP World has signed a concession agreement with India's Deendaya Port Authority to develop, operate and maintain a new 2.19 million TEU mega-container terminal in Kandra, Gujarat, on India's west coast.

The Greenfield terminal, due to be completed in 2027, is close to the existing Deendayal port and will be able to handle ships carrying more than 18,000 TEU. DP World will invest US0 million in this effort.

10 Saudi port container throughput increased in July

On August 28, two cargo ships were in distress in the Guanhekou waters of Lianyungang, Jiangsu. After receiving the alarm, the Lianyungang Maritime Search and Rescue Center quickly activated the emergency plan, and all 25 people on board the two cargo ships were rescued.

At 0:20 on August 28, a cargo ship carrying 5,000 tons of iron ore was sailing in the waters north of Guanhekou, Guanyun County, Lianyungang City. Due to strong winds and waves, the cabin flooded and sank. 10 people on board the cargo ship The crew is trapped. After receiving the rescue order, the "B-7357" rescue helicopter flight crew of the first rescue flight team of the East China Sea Rescue Bureau took off urgently and successfully rescued all 10 trapped crew members ashore without any injuries.