Shanghai Ending Lockdown: What Impact has it had on China's Ports?
Summary
- China’s March covid lockdowns resulted in congestion, however, not as severe as the viral Shanghai congestion images.
- Among the ports affected by the Shanghai disruptions, Ningbo was hardest hit.
- The disruption in Shanghai had a limited impact on neighboring ports, with the exception of Ningbo.
Definition of terms in this article
Vessel Waiting Time
The average time in days vessels spends at anchor waiting to get a berth inside the port to start offloading and unloading import and export containers.
Vessel Working Time
The average time in days vessels spends inside the port (at berth) working to load and offload import and export containers.
Waiting Vessels
The average total number of vessels waiting at anchor to berth.
Working Vessels
The average total number of vessels at berth at the terminal offloading and unloading import and export containers.
Ports in this article
Shanghai, Qingdao, Yantian, Ningbo and HongKong
Disruptions in Shanghai
Gaining access to accurate ocean freight visibility has never been more crucial than it is today. News about China's Covid lockdowns led to multiple speculations and trending reports about tremendous congestion in Shanghai and other Asian ports. However, visibility data from SeaVantage Maritime Platform revealed a different picture of the situation of China’s ports. The extended lockdown in Shanghai resulted in some congestion in the port of Shanghai however not as severe as other trending images revealed. What actually happened?
Shanghai is prepared to fully open in June following over a two-month covid lockdown - What has the impact been on Chinese ports?
Vessel Waiting Time
Following the citywide lockdown of Shanghai on March 28, the daily average vessel waiting time in Shanghai rose to 2.2 days in April and has since risen to 2.4 days in May. The neighboring port of Ningbo experienced a similar increase in daily vessel waiting time due to imports to China being rerouted from Shanghai to Ningbo. The ports of Qingdao, Yantian, and Hong Kong were for the most part unaffected by the disruptions in Shanghai.
Vessel Working Time
The port of Shanghai remained operational throughout the city’s lockdown though at reduced container volumes. The daily average vessel working time to load and offload import and export containers at the port of Shanghai remained the same in the months of April and May. This was largely due to the low export volume from Shanghai, the tide times impacting the port and the "closed-loop management" which allowed employees to work and live on-site to ensure a 24-hour uninterrupted operation.
Waiting Vessels
The ports of Shanghai and Ningbo experienced an increase in the daily number of vessels waiting to berth by 20% and 30% respectively in April. However, they have since returned to almost normal in May. Ningbo saw a significant increase in April while other neighboring ports (Hong Kong, Qingdao, and Yantian) experienced a slim decrease in daily waiting vessels within the same month.
Working Vessels
The number of ships that worked daily at the port of Shanghai dropped from an average of 51 ships in March to 43 ships in May. On the other hand, the average number of ships working daily in the port of Ningbo rose to 49 ships in May. The port of Ningbo being less than a hundred miles from Shanghai was considered the next priority port of interest for berthing by carriers which contributed to the increase of its daily working ships.
The challenges stakeholders in ocean freight today have to deal with are more complex than they used to be. In addition to the ongoing Covid-19 pandemic-related disruptions, stakeholders have to deal with issues related to the rising geopolitical tensions between Russia and Ukraine and other unbeknownst external factors. To remain resilient in ocean freight, stakeholders will need to adopt solutions that provide them with real-time and predictive visibility.
Founded in 2018, SeaVantage is a data solutions provider that specializes in providing prediction-based analytics and visibility solutions to stakeholders in the maritime industry. Our cargo tracking and port insight platforms help our customers proactively manage and respond to unforeseen disruptions in their ocean transport, which in turn ensures a better quality of service for their end customers and financial gains.
Email: sales@seavantage.com
Tel: (+82) 02-3444-7302 / (+82) 02-3444-7303
지난 2023년 12월 15일 이후, 아시아와 유럽을 잇는 홍해가 예멘 반군의 공격이 이어지면서 해운사들은 큰 고민에 빠졌습니다. 이 지역은 수에즈 운하를 통과하는 선박들에게 필수적인 경로로, 유럽, 중동, 아시아 간의 물류를 신속하게 이동시킬 수 있어 많은 해운사들이 이 경로를 택하고 있기 때문에 해운사들은 안전을 우선시해야 할지 아니면 더 긴 경로를 선택하면서 추가 비용과 시간을 감수해야 할지에 대해 결정해야 하는 어려운 상황에 놓인 것이죠.
지난 2023년 12월 15일 이후, 아시아와 유럽을 잇는 홍해가 예멘 반군의 공격이 이어지면서 해운사들은 큰 고민에 빠졌습니다. 이 지역은 수에즈 운하를 통과하는 선박들에게 필수적인 경로로, 유럽, 중동, 아시아 간의 물류를 신속하게 이동시킬 수 있어 많은 해운사들이 이 경로를 택하고 있기 때문에 해운사들은 안전을 우선시해야 할지 아니면 더 긴 경로를 선택하면서 추가 비용과 시간을 감수해야 할지에 대해 결정해야 하는 어려운 상황에 놓인 것이죠.
해운데이터를 기반으로 포워더 시장에 만연해있던 정보의 비대칭성을 해결하고, 시장 전체를 효율적으로 만들기 위해 마켓플레이스를 개발하는 기업, 주식회사 서프컴퍼니가 씨벤티지 솔루션을 도입한 이유를 확인해 보세요.
In an unprecedented turn of events, a faulty update from cybersecurity giant Crowdstrike recently triggered what is being called the largest global IT outage in history. The update, intended to bolster security, instead crashed Microsoft's operating system, leading to widespread disruptions across various sectors, most notably in air freight and maritime operations.
The shipping industry has been closely monitoring the dramatic surge in spot container freight rates in recent weeks. However, the latest data suggests this upward trend may be losing steam, for now. Here's the current state of affairs and what it might mean for the market.
In a significant move that promises to reshape the maritime industry, SeaVantage, a South Korean startup specializing in AI-driven maritime data analytics, has announced a strategic investment of $2.3 million from HD Hyundai Marine Solution. Announced on July 11, 2024, this partnership aims to revolutionize visibility and sustainability in global shipping logistics by applying advanced AI and big data technologies. The collaboration between these two innovative companies signals a new era in maritime operations, one that prioritizes efficiency, sustainability, and data-driven decision-making.
