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The spot freight rate fell, and the shipping company cancelled several voyages to deal with it

Time:2022-04-27 Publisher:Kevin Num:3466

Recently, affected by the uncertainty of the epidemic and war, the demand for goods exported from China has decreased significantly. This is also a great challenge to the spot freight rate of containers.

In this regard, MSC and Maersk, as partners of 2M, have cancelled the Griffin / ae55 voyage in the first week of May and will cancel two flights of their key Shogun / AE1 route in the coming weeks.

Mediterranean shipping also said it would cancel several voyages. According to the latest data released by Drury on the 22nd, the three major shipping alliances in the world will cancel multiple voyages in the next five weeks.

Among them, the alliance canceled 24.5 voyages the most; 2m alliance has reached 18 voyages; At least 12.5 voyages were cancelled by the maritime alliance; 55 voyages in total.

Drury said that although the Shanghai port is in normal operation, it is still in a sealed state, making the change of shipping schedule unpredictable and further putting pressure on the supply chain.

So, shippers are currently forced to find other alternatives to transfer the goods to the adjacent ports of Ningbo and Guangzhou.

In this regard, Drury suggested that enterprises should seek to establish positive relationships and encourage open communication channels with freight forwarding partners.

Shipping companies launch more blank routes

Among the 725 scheduled voyages on major routes such as trans Pacific, trans Atlantic, Asia northern Europe and Asia mediterranean, 78 voyages were cancelled between the 17th week and the 21st week of next year, with a cancellation rate of 11%.

According to Drury's current data, during this period, 64% of the blank flights will take place on the trans Pacific eastbound trade route, mainly to the west coast of the United States.

Loadstar said that export orders fell by more than a third in the coming weeks. Although Shanghai resumed normal operations, some factories and warehouses were still closed and truck transportation efficiency was still limited.

Recently, Ningbo's container freight index (ncfi) commented that some operators from Asia to northern Europe have begun to "cut prices" to increase the booking of shipping spaces.

According to signal, the company's data platform, the number of imported containers arriving at the port of Los Angeles decreased by about 20% this week compared with the same period in 2021. The freight volume arriving at LA port next week will decrease by about 16% compared with the same period last year.

At the same time, the reduction of imports has greatly shortened the waiting time of ships. Signal data records that the average waiting time of ships berthing and working in the port of Los Angeles is 2.7 days.

GLA Family hereby suggests that the shippers and freight forwarders who have shipment arrangements in the near future should maintain positive communication. Make alternative plans to reduce the impact on shipment.

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