Predictive Maritime Intelligence company, Windward, released its latest insights indicating that 1 in 5 container vessels globally is waiting outside a congested port – of which 27.7% in China.
On April 5, 2022, Chinese authorities decided to expand a previously limited lockdown in Shanghai to put the entire city of 26 million residents into quarantine. Shanghai became the largest city to go into lockdown since the beginning of the COVID-19 outbreak. The city’s port is the largest in the world in terms of container throughput and the effects on global shipping were soon to follow.
As data pulled from Windward’s Maritime AI platform clearly shows, lockdowns in China are heavily impacting the congestion outside the country’s ports, as the number of container vessels waiting outside of Chinese ports today is 195% what it was in February.
The images below show a 48-hour snapshot of container vessels waiting outside of China’s ports in April, during which Shanghai went into lockdown, March, during which Shenzhen was locked down, and February, during which no lockdown was in place. The trend is very clear – in the April and March snapshots, there were 506 and 470 vessels, respectively, stuck outside of Chinese ports. In February, that number was only 260. In essence, lockdowns in China have nearly doubled the congestion outside the country’s ports.
When looking at the global picture, between April 12-13, 2022, 1,826 container vessels were waiting outside of ports around the world. That’s 20% of all container vessels globally.
Equally interesting is the fact that the 506 vessels that were stuck outside of China’s port represent 27.7% of all vessels that were waiting outside of ports around the world. For comparison, in February, they represented 14.8%
Last week, 477 bulk cargo ships were reported waiting to deliver resources from metal ore to grain into China, as the country’s lockdown is creating supply chain issues.
In addition, many carriers have said that reefer cargo, and some types of dangerous cargo, will be discharged at other locations as Shanghai has run out of available reefer plugs and space for certain types of DG cargo.
This is why, in late March, Maersk forecasted that the strict imposed lockdown in China will have a great impact on trucking services and will increase transport costs.
