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Industries We Serve
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Yantian to return to full operations from midnight, box backlog expected to take many weeks to clear
A note sent to clients yesterday from Yantian International Container Terminals states: “Currently, COVID-19 has been effectively under control in the port area, and the operation capacity of the terminals have steadily recovered. It is now decided that from 00:00 on June 24, YANTIAN will resume full operations.” All berths will resume normal operations while the number of laden gate-in tractors will be increased to 9,000 per day, and the pickup of empty containers and import laden containers will return to normal.
The owner and insurers of the Ever Given, the container ship that blocked the Suez Canal for days, disrupting global shipping, reached a preliminary deal with the Suez Canal Authority to release the vessel, according to the U.K. insurance group helping lead negotiations.
Ocean carrier vessel arrivals from Asia are being delayed by 20 days, or more, and there is no improvement in sight. Widespread port congestion, equipment shortages and a lack of ships will push the return of some form of ‘normal’ in liner shipping back to the second half of next year, at the earliest, says one analyst. Relief will come with additional container stock, to mitigate the impact of longer dwell times for boxes, and more importantly, the delivery of new tonnage in 2022/2023, across all sizes.