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Southbound Asia Market update

by Murray 5. September 2011 10:12

Market forces at play in this trade lane make for interesting times.

 

As is usually the case at this time of the year ship lines introduce (or try to) Peak Season Surcharges. In this regard 2011 is no different. I have received numerous email updates from all the major ship lines notifying of pending increases namely –

 

            effective 15 July         USD250 / 20’ USD500 / 40’  (FAILURE)

 

            effective 15 August    USD250 / 20’ USD500 / 40’

 

You will note (or be already aware) the supposed 15 July implementation failed. This is the first failure of such that I am aware of since the Global Financial Crises struck. It is my understanding that what perhaps contributed to the failure was (again for the first time since the GFC) extra tonnage (more ships) were introduced to the market. French line – CMA CGM (in partnership with ANL) announced a new service which will initially offer fortnightly sailings. However, come September once all vessels committed to this service are made available will ultimately offer weekly sailings. It should be noted transit times compare favourably against current service from Northern China and Korean ports only.

Further to this new service by CMA CGM, Maersk have increased their frequency to bi-weekly from Europe and Asia. This announcement was made with immediate effect. Maersk operate a transhipment hub in Tanjung Pelepas (TPP), Malaysia to Auckland. Maersk’s European & Asian sourced shipments are routed through TPP enroute to NZ. This service was weekly into Auckland & Port Chalmers only however with the introduction of said service there will now be direct services into the additional ports of Tauranga & Lyttelton.

All in all this market (Asian) is very different when compared to the same time last year. Looking back through my records 2010 was thus

 

G.R.I               effective          15 July 2010                USD250 / 20’ USD500 / 40’

General Rate Increase

 

R.R                  effective          15 August 2010          USD250 / 20’ USD500 / 40’

Rate Restoration

 

P.S.S               effective          15 September 2010     USD 250 / 20’ USD500 / 40’

Peak Season Surcharge

 All in all the market absorbed USD750 / 20’ USD1500 / 40’ increase over a 3 month period. 2011 is certainly proving a completely different environment. At time of writing I would strongly suspect (my suspicion only) that the tabled 15 August PSS increase will also fail. My mind then goes to 15 September which will probably be the next favoured date for the shiplines to manufacture an increase. With the extra capacity being introduced to the market & the NZ domestic economy hardly booming I do wonder if this two will result in failure. Only time will tell.

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Auckland Terminal update

by Murray 15. July 2011 09:08

the weekend of the 16 & 17th July & the start of the next week the Ports of Auckland will have increased volume of containers moving through due to the late arrival of the vessels - Maersk Dabou & MOL Summer.

The plan is to begin work on the Maersk Dabou Saturday afternoon (16th) & then halt operations to make way for other vessels on Sunday evening. Maersk Dabou is expected back at Ferguson Terminal on the afternoon of Tuesday 19th to complete its exchange. This means that some containers may not be available off the vessel until Wednesday 20th July.

During the time please be advised that Fergusson Terminal will be extremely busy, all trucks will need to arrive on-time for their VBS bookings. Trucks arriving out of time face delays before entering the terminal.

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imports, USA seafreight

re structuring of North Asia to NZ direct service

by Murray 10. September 2010 15:23

The joint North Asia / NZ direct service operated by Cosco / Hamburg Sud / NYK and Mitsui O.S.K lines has been suffering from eratic scheduling.

The current port rotation of 6 ports in both North Asia & NZ has proven difficult with either unforseen or disruption (eg advwerse weather) beyond human control has proved difficult.

Consequently, in order to re-establish schedule integrity they will no longer call at ports of New Plymouth and Wellington, but will instead offer  a weekly feeder connection using Pacifica coastals service.

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UK Airfreight service enhancement

by Murray 10. September 2010 15:20
We are pleased to advise an extra flight per week is now available ex London to Auckland. Cargo cut off is Friday (UK) with cargo arriving Auckland on Tuesday

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Asian Rate Restoration Programme & PSS surcharges

by Murray 5. July 2010 16:48

Please be advised that ship lines have now agreed to implement the following rate restoration and PSS (Peak Season Surcharge) programme.

RR          US$250 per TEU (20' FCL) - effective 15th July 2010

RR          US$250 per TEU (20' FCL) - effective 15th August 2010

PSS         US$250 per TEU (20' FCL) - effective 15th September 2010

The above programme will affect all shipments originating in Japan, Korea, China, Taiwan, Hong Kong, Singapore, Indonesia, Philippines & Vietnam.

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Airfreight scedules disrupted ex UK to NZ

by Murray 16. April 2010 13:19

Please be advised that due to recent volcanic activity over British airspace ALL flights between Britain & New Zealand have been cancelled.

It has affected Air New Zealands flight NZ1 flight from Heathrow to Auckland via Los Angeles & NZ38 from Heathrow to Auckland via Hong Kong. Other airlines will similarly be affected.

Exports from New Zealand to Europe may also be affected.

I will advise as situation progresses

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IMPORT SEAFREIGHT - CHINA / HONG KONG TO NZ

by Murray 18. March 2010 11:23

We are pleased to announce that LCL (Less than container load) rates from China & Hong Kong to Auckland / Wellington / Lyttleton will reduce. This reduction will be effective from sailings on / after 22 March 2010.

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