Europe / UK – market update

  • The Suez Canal incident continues to impact sailing schedules from Europe – mainly within the S.E Asia transhipment ports where southbound Europe cargoes converge with the Southbound Asia cargoes. Most notably Port Klang, Singapore and Tanjung Pelepas.
  • It is expected shipping lines will omit some ports again this month as they try to correct their vessels to schedule. UK and French ports are primarily targeted as omission options.
  • All ship lines report the expectation of a very difficult June-July period as less capacity (vessel space) is available in the market.
  • Most ports are still experiencing container shortages and inland transport is struggling to keep up with demand.
  • Hapag Lloyd ship line has put on hold their service to N.Z (most unwelcome news)
  • Hamburg Sud ship line (Panama connect service – fastest transit to NZ), have advised they anticipate their service will be full out to at least July 2021. Bookings are being accepted however in very short supply.
  • All the transhipment services (Maersk, MSC, CMA CGM, Cosco, OOCL and ONE) are accepting bookings subject to equipment availability.

Extended delays continue to be experienced at transshipment ports awaiting connecting vessels

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