Issued on 5 Nov 20
Port congestion, there are so many pinch points building now and they will only get worse before the holiday season and may well run until Chinese New Year Feb 2021 due to lack of port labor.
The New Zealand port of Auckland is the latest in a long line of container hubs to see its shipping community slapped with a port congestion surcharge.
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US$300/TEU PCS Port congestion surcharge are levied by MSC recently for all imports to Auckland from Europe, Turkey and Israel and the waiting times for vessels to berth in Auckland are being reported between 10 to 13 days,
And also a huge number of empty containers (Excess 50,000)
in Australian ports, particularly at Sydney.
* Is it a right time to consider shipping by S.O.C.(Shipper's Own Container) when you face shortage of container equipment.
What Hapag-Lloyd actions in transpacific trade to suspend bookings of agricultural products from North America in order to reposition equipment to the more lucrative Asian export market.
The liner operators seeking any options of container leasing or purchasing however it is very difficult as No stock in the leasing market presently so the shipper would face
reducing of free detention at port of Origin soon.
Photo source: http://cubic.co.nz/