The Central People’s Bank of China raised the price by 2%! The yuan plummeted by more than 300 points
2021年12月10日

Congestion, epidemic, high demand, air transport, shipping a new situation

The growing number of container ships waiting to berth at the ports of Los Angeles and Long Beach across the Pacific coastline now numbers more than 100 to 101.
On the 1,000 miles of North American coastline, 101 container ships anchor or roam two U. S. portals waiting for berths, according to the Southern California Marine Exchange (Marine Exchange of Southern California).Before the outbreak, ships that typically only took two weeks from Asia to North America now occupied huge capacity due to congestion delays, with some ships berthing for more than 45 days.Zhongyu Shandong " has been waiting for a berth for 55 days.
While Port Los Angeles disclosed that the number of waiting ships shrank in nearly half a week, the congestion did not ease.Last month, U. S. authorities pushed the ship-waiting berth anchorage off the California coast, asking them to stop 150 miles from the coastline.When you can't see a large number of container vessels, the number of subsequent congested vessels continues to increase.

Through cross-tracking of Clarksons congestion data and port ship volume data in Los Angeles, it confirms that the port congestion is still not relieved.The reduction stems from the anchor arrangement rule adjustment resulting in some ships have not been counted.

The Southern California Shipping Exchange adjusted the anchorage and berthing queuing rules on November 15.Under previous rules, incoming ships could stay at anchor within 20 nautical miles of Los Angeles and Long Beach.Port congestion in the past six months overcrowded berthing areas, due to safety and air pollution considerations, the new rules stipulate, except for special circumstances, berthing ships can only wait 150 miles southwest of California and 50 miles away from California and Mexico, only port notice within 72 hours is allowed to slowly close to the port anchorage.As a result, the ship spacing between cargo ships widened and lengthened the speed of cargo entry, resulting in a further intensification of port congestion.

Recent data from the Southern California Maritime Exchange (Marine Exchange of Southern California) show that 101 container ships are currently stranded, with 30 moored in southern California waters and 71 slowly sailing or drifting outside designated safe and air quality areas. "Can you imagine the risk of 101 container ships all gathering within 40 miles off Los Angeles during tonight's storm?"Now the ships have spread for 1,000 miles, many of them in relatively calm waters south of the Mexican coast."The exchange posted on Facebook on Wednesday.
By the evening of the 13th, the authorities had actually cleared all the ships moored in Los Angeles and Long Beach in order to meet the upcoming big storm.

Sal Mercogliano, an associate professor at Campbell University (Campbell University), noted in his latest video from his popular YouTube What Is Happening on Shipping series that there are extremely long waits for ships on trans-Pacific trade routes.The video shows that Navios Amarillo waiting in Baha (Baja) and Maersk Esmeraldas waiting in Xiamen are the most typical cases.

4250TEU's "Navios Amarillo" departed Busan Harbor on 17 November and is currently moored in Mexican waters and is planned in Los Angeles on 2 January for 46 days.
At the end of November with Hong Kong, Shenzhen, yantian, Xiamen port 13000 standard box "Maersk Esmeraldas" two days ago to leave Xiamen port (actually December 1), is still moored not far from China's coastline, plans to arrive in Los Angeles on January 11, need a month of transit time, which shows the congestion across the Pacific route.
Los Angeles and Long Beach ports announced Wednesday that the planned "overdue container retention fee" from shipping companies will be delayed for another week, for the fifth time.The fine was first introduced in October but has not been imposed.

As soaring consumer demand is met before Christmas, some importers need to make sure their goods are on shelves during the holidays and have to abandon shipping and switch to air transport.

However, the price of air flights to major routes in Asia has doubled in the past three months, according to statistics.

The Financial Times reported that air transport prices from Shanghai to North America reached an all-time high of $14 per kilogram, far up from $8 per kilogram at the end of August, setting a new all-time high of $12 per kilogram at the beginning of COVID-19.But the extra cost of air transport could put pressure on consumers through inflation.
At the same time, air transport prices for similar routes, such as those between Hong Kong and Europe and the transatlantic routes between Europe and North America, have all increased sharply.

"You all know that air transport has to be used if you want goods to arrive by Christmas."Said Yngve Ruud, global air cargo director of Kuehne + Nagel, one of the world's largest freight forwarding companies.A freight forwarder said: " The market expects the peak season and air cargo market demand to continue until March next year.”

The Financial Times said that there are many reasons for the soaring air transport prices:
•First of all, the global shipping jam has led a large number of companies to switch to air routes to transport fashion products, consumer electronics and parts.
•Second, the widespread spread of the COVID-19 Omichijon strain has created the demand for COVID-19 testing reagents and personal protective equipment around the world.
•Finally, global supply chains are extremely busy on holidays like Black Friday and Western Christmas.
It is understood that some airlines have now turned to undertaking air transport business, and logistics companies such as FedEx and DHL are also filling part of the gap to fully cope with the growing demand for such convenient, fast but expensive services.

Marco Blemens, head of freight consulting at bury bury under Accenture, said airline capacity is still 13 per cent lower than 2019, creating a nearly 20-point gap between supply and demand.According to the latest statistics and analysis report, the current chaotic supply chain situation may not ease until the second half of 2022.
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