Rate rises loom as port congestion hits four-year high
Congestion in container ports has crept up to a four-year high, with nearly 3.7m teu, ...
DHL: ASSET POWERCAT: TIME TO SELLMAERSK: UPGRADEMAERSK: ANOTHER UPGRADE HITS THE WIRES MAERSK: FLATTISH MAERSK: REACTION TO GUIDANCE UPGRADEMAERSK: SHIPPING GURU INSIGHTGXO: ROLLOVER WINMAERSK: EVERY LITTLE HELPSHLAG: EUROGATE DEALAAPL: SUPPLY CHAIN HURDLESVW: DECISION TIME VW: UPDATE
DHL: ASSET POWERCAT: TIME TO SELLMAERSK: UPGRADEMAERSK: ANOTHER UPGRADE HITS THE WIRES MAERSK: FLATTISH MAERSK: REACTION TO GUIDANCE UPGRADEMAERSK: SHIPPING GURU INSIGHTGXO: ROLLOVER WINMAERSK: EVERY LITTLE HELPSHLAG: EUROGATE DEALAAPL: SUPPLY CHAIN HURDLESVW: DECISION TIME VW: UPDATE
Port congestion across North Europe’s key hubs appears to be abating – although the relief may be short-lived.
Lasse Daene, senior manager of ocean freight at Flexport, said in today’s freight market update: “The long-lasting containers are now slowly moving out, and we are not seeing the massive delays anymore.
“We have been speaking about this for roughly two and a half months. It started in Rotterdam and then spread over the other ports; we have seen a couple of weeks where we had seen seven days [delay],” he explained.
“At the moment, we are seeing something between one day, ten hours to two days for the maximum times at ports. This is a sign that we are going away from the major delays… it’s slowly going down.”
Rolf Habben Jensen, CEO of Hapag-Lloyd, told The Loadstar on the side lines of Transport Logistic in Munich that port congestion in Europe “is a worry”.
“If we look at the overall network, then Northern Europe is probably one of the real hotspots. UK was an issue, but I think we’re getting it under control. Rotterdam is difficult. Some terminals are good, others not so good, and Bremerhaven is also tight,” he said.
Mr Habben Jensen estimated most of those problems would be “behind us” in four to six weeks.
However, Flexport warned that port congestion in North European threatened to erupt again next month. He said: “There are a couple of things to take into consideration.
“In Hamburg, there’s work on the railway at the beginning of July. We will have the Hamburg terminals disconnected from rail in Germany over an entire weekend. That will cause some impact, because every container has to be taken out by truck instead, and there are only a certain number of truck slots,” he explained.
Meanwhile, in Rotterdam there has been an indefinite strike at APM Terminals Maasvlakte II facility since 4 June, he added.
These factors will likely result in “spot congestion”, rather than create blockages en masse across Europe, according to Mr Daene.
“Really nudge your freight forwarder to be proactive on those topics,” he urged.
Listen to The Loadstar Podcast News in Brief for a round-up of last week’s supply chain news!
This article is © The Loadstar. Reproduction, rewriting, or derivative use requires a license. Contact [email protected] for licensing enquiries.
For uninterrupted access, sign in or sign up to The Daily News, Premium or The Loadstar Enterprise Plan.
Comment on this article