May 2023 - Blank sailings on the increase across Asia as carriers battle to balance low demand and increased capacity. Meanwhile, the Röhlig China team once again prepares to exhibit in Sichuan province, this time focusing on EV and battery induustry logistics solutions.
On May 18-20 Röhlig Logistics joined the SIAL Exhibition in Shanghai to share our cold chain solutions. Our services are supported by a global network including our colleagues at Röhlig-Grindrod Fresh.
The China team will be exhibiting at the World Power Battery Conference (WPBC2023) in Yibin, Sichuan on June 8. The booth will include details of our multi-modal services such as rail catered to freight forwarding for the EV, battery and green energy sector. We look forward to meeting all who attend.
The market has remained steady in the last weeks of May. Rates have increased between Shanghai Pudong (PVG) and the US.
From mid-May, a new freighter flight between Guangzhou Baiyun (CAN) and John F. Kennedy New York (JFK) is available.
Weak market demand has resulted in little change for export rates from Taiwan.
Rates similarly stable for the Hong Kong export market, as demand remains low against improving capacity. We recommend that customers apply advanced bookings.
Airfreight rates remain stable, with space and capacity open to all destinations.
Rates remained stable this month with the opportunity for further reduction for committed volume.
Ample space available Ex-India. Space challenges arising for Ex-Transshipments.
All airports currently running smoothly with no delays.
Due to the upcoming monsoon season, we advise customers to consider shrink/plastic wrapping cargo to protect from water damage.
Capacity management becoming a top priority as carriers balance new builds with low demand across all trades. FEWB remains reliable with little capacity changes. TPEB trade has reduced following the pandemic.
Currently long delays at Tianjin and Xiamen ports.
Hong Kong sea export blank sailings continue on main trades to EU.
Recommend early booking for Hong Kong sea export due to unstable vessel closing and departure. Please also ensure to regularly check sailing schedules.
Rates from Taiwan remain low. Carriers are applying blank sailings to adjust to supply and demand. Customers are advised to book at least 2 weeks in advance and avoid last-minute bookings.
Around a 4-day delay at Keelung port in Taiwan.
Little fluctuation on Intra-Asia rate, with a good service. Indonesia to Oceania rates have dropped.
Space and equipment available across all regions.
Blank sailings to Oceania as carriers wait for further bookings. Frequent delayed departures from MSC have resulted in only one departure from Indonesia to Oceania this month.
Rates climbing due to increased blank sailings and General Rate Increases.
Capacity remains available with shipments rolled over to the next vessel in the event of blank sailings.
Currently a 6-day delay at Kolkata port.
Port waiting times sourced from Port Congestion Status Data Worldwide - GoComet. Subject to change.
DISCLAIMER - All information is provided in good faith for guidance and reference purposes only. It is of a general informational nature, and Röhlig Logistics GmbH & Co. KG takes no legal responsibility for the accuracy of the information provided via this document. Röhlig Logistics GmbH & Co. KG makes no representation as to the accuracy or completeness of any of the information contained herein and accepts no liability for any loss arising from the use of the information provided.