Posts made in July 2021

TPEB TRADE OUTLOOK JULY-30-2021

Dear customers,

 

We continue to see a very strong Trans-Pacific eastbound market situation since the first quarter of 2021 to now. Space and equipment continue to be scarce. We’ve summarized some of the current TPEB market updates as below for you.

 

  • US port congestion is still a problem, especially in LA/LB.

 

Because of the strong consumer demand in the states since the COVID-19 situation is getting better and consumer product needs are strong. The import volume dramatically goes up during this peak season for all the importers to have their goods ready for the strong sales. However, the US ports just can’t digest this volume which causes serious congestion, especially Los Angeles and Long Beach port, which covers over 50% of the total TPEB volume. As you might also knew, BNSF also stopped their service to Chicago for weeks in order to digest the backlog at terminals.

 

  • Vessel schedules are affected/delayed or even blanking sailings in late July and August.

 

Owing to this port congestion, all the vessels are lined up and waiting outside of the ports for berth, which seriously affected the schedule. We are seeing the schedule has been unstable, delayed or even cancelled since the ship can’t make it back to Asia in time.

It also makes the equipment shortage in Asia, as the empties on the TP westbound voyage are not able to arrive in time to fulfill the strong demand for TPEB volume.

 

  • Ocean freight keeps increasing and Port Congestion Charge are implemented.

 

Overall, strong demand and supply shortage urges the ocean freight keep increasing and we expect this momentum will continue through September or even after October as the holiday season goods are coming to the market now.

 

We are pursuing all options to minimize the impact to your supply chain.  In order to assist you with your imports, it is crucial you confirm the bookings immediately when sent, so we can work on locking space/equipment as needed for you.   Should you have any question, please contact your CSR or operations PIC.

 

Thank you for your continue support and we are doing all we can do to keep your cargo moving as always.

Port Congestions in North America July-30-2021

Dear Customers,

We are seeing serious port congestions in north America ports, especially for LA/LB, which also affects the vessel schedules unstable recently. Carriers are also filing port congestion surcharges onto the shipment due to these circumstances.

Listed below is the most updated list by Steamship Line of the upcoming Port Congestion Surcharge (as of July 28, 2021).  The Port Congestion Surcharge is based on the discharge date of your shipments.  With all the delays and roll overs, it’s possible that the Port Congestion Surcharge would apply to your current bookings if the shipment arrives at the destination port on/after the effective date. We are following up closely with all carriers and will keep you posted on any updates. Please contact your CSR or operations person, should you have any further questions or concerns.

Carrier Items Quantum Effective Date Corridors Applicable to Remark
ZIM Port Congestion Surcharge (CNS) USD1000/Box 2021/8/1 All export cargo from Asia to Los All kinds of cargo and all equipment types These charges will be collected in US based on Asia gate in date.
USD5000/Box 2021/8/6 Angeles and Tacoma applicable to ZEX, ZX2 and ZX3 lines
USD1000/Box 2021/8/1 Other US  & Canada Port
Destination Delivery Charge (DDC) USD1000/Box 2021/8/1 Los Angeles and Tacoma
WHL Port Congestion Surcharge (PCS) USD100/20’
USD200/40’&40’HQ
2021/7/26 All (except US to HK & HK to US : base on 8/15 POL gate-in date) All kinds of cargo and all equipment types Payable at Hong Kong.
2021/8/15 HK to US
MSC Congestion Surcharge(CGS) USD 800/20′,
USD 1000/40DV,
USD 1125/40HC,
USD 1266/45’
2021/9/1 All China/SEA/S Kore/Japan exports to cargo to and via any US and Canada ports All kinds of cargo and all equipment types The effective date against Discharge Date in POD.
MATSON California Port Congestion Surcharge(PCS) USD 2000/20′
USD 2500/40DV
USD 2813/40HC
USD 3165/45’
USD 2000/R20′
USD 2500/R40′
2021/7/15-2021/8/4 Region for Long Beach,CA & Oakland,CA (Excluding Hawaii, Guam, Micronesia, Republic of Palau, Marshall Islands, CNMI) All kinds of cargo and all equipment types PCS will be collect only charges in the US.
USD 3600/20′
USD 4500/40DV
USD 5063/40HC
USD 5697/45’
USD 3600/R20′
USD 4500/R40′
2021/8/5
HPL On-carriage Congestion Surcharge (OCS) USD350/Ctnr. 2021/8/1 1. All import moves in the U.S. where HL is responsible for the truck and/or rail move;                             All kinds of cargo and all equipment types For all intermodal moves
2. All export moves in the U.S. where HL is responsible for the truck move;                                             Effective upon carrier receipt of cargo on or after August 1, 2021 and is valid until further notice
Pre-carriage Congestion Surcharge (PCS) 3. For Los Angeles (LAX)/ Long Beach (LGB), please note that the existing charge will remain as it is today with the amount increased to USD $350 per container.
Value Added Surcharge (VAD) USD 4000 for all 20′ container types 2021/8/15 Ex China to North America (USA and Canada) All kinds of cargo and all equipment types Need to be paid under collect basis at US and Canada destinations./ VAD count under gate-in date.
USD 5000 for all 40′ container types
CMA Port Congestion Surcharge(PCS) USD 800/20′
USD 1000/40′
USD 1100/40HC
USD 1266/45’
USD 1000/40’NOR
2021/8/7 All Asia (including Far East) Ports of Loading All kinds of cargo and all equipment types EXX svc only.
To: Los Angeles only PCS will not apply to shipment rates to/via Hawaii port of discharge.
The charges will be collected at the U.S. port
Port Congestion Surcharge(PCS) USD 2000/20′
USD 2500/40′
USD 2815/40HC
USD 3165/45’
2021/8/15 South East Asia, Nouth East Asia, Russia Far East, North China, Central China, Hong Kong & South China Ports of Loading All kinds of cargo and all equipment types Including EXX svc(Will charge both USD800/1000/1100/1266/1000 per 20’/40’/40’HC/45’/40’NOR & USD2000/2500/2815/3165 per 20’/40’/40’HC/45′ if under EXX svc).
To: U.S West Coast, U.S Eest Coast, U.S Golf Coast & Dutch Harbor Ports of Discharge. Based upon container arriving date at US.
The charges will be collected at the U.S. port