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Suspended and jumped to port! Maersk expects the capacity to drop by 30% and suspends export bookings in some regions! Attached is a list of diversions of multiple shipping companies

MIKEY Organized by the Sohang APP 2021-03-31 19:58:15

Although the Suez Canal has resumed traffic, there are still hundreds of ships waiting.
The interruption of the canal may have a chain reaction in early April: delays in shipping schedules, skyrocketing freight rates, shortage of containers in the port of departure, new congestion in European destination ports, etc., will also prompt shipping companies to suspend and skip passively or actively. Hong Kong price increases.
Maersk expects that its capacity will drop by 30% in recent weeks, and it will suspend short-term export bookings in some regions!
Maersk, the world’s largest container shipping company, said on Tuesday that the blockage of the Suez Canal and the large number of waiting ships outside the canal may cause capacity to drop by 20% to 30% in the next few weeks.
He also pointed out that it may take up to a week for many waiting ships to pass through the canal.
"At present, we estimate that the delay may affect 20% to 30% of sea freight capacity in the next few weeks, depending on market dynamics, and we will develop contingency plans." A Maersk spokesperson said.
"The canal has been blocked for six days, so it will take at least six days to clear the waiting ships. This will put further pressure on capacity, and there will be queues in Mediterranean and European ports."
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Suspend some short-term export bookings in Asia, Europe, North America, Africa and other places!
In view of the chain reaction brought about by this, Maersk decided to suspend short-term online booking through the Spot booking platform, and at the same time suspend short-term contract bookings this week and in some areas in the near future.
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Maersk announcement
Suspension of short-term booking services include:
Asian export business: Due to the expected shortage of shipping capacity and containers, short-term bookings for Asian exports to the world have been suspended.
Middle East India-Pakistan export business: Suspend the Middle East India-Pakistan export to Europe, North Africa, the east coast of North America, and short-term bookings from the Mediterranean to West Africa and Latin America.
European export business: Suspend short-term bookings for European exports to Asia, the Middle East, the Indian subcontinent and Oceania.
North American export business: Suspend short-term bookings for North American exports to the Middle East, the Indian subcontinent and East Africa.
Latin America export business: Suspend short-term bookings from the east coast of South America to the Middle East, the Indian subcontinent and Asia via the Mediterranean, as well as the Central American region and the west coast of South America to the Middle East and the Indian subcontinent.
Africa export business: Suspend short-term bookings from East Africa to Europe, and West Africa via the Mediterranean to Asia, the Middle East and the Indian subcontinent.
Maersk emphasized that this adjustment is only temporary, so that existing goods and empty containers can be quickly transported to areas where they are most needed.
"In addition to the decline in capacity, the Suez Canal blockage incident will also cause serious port congestion. Because the ship call has missed the previous window period, port call adjustments are needed to reduce the loss of capacity. Our current job is to actively seek out shipping for customers. The alternative is to rebuild a stable network and keep information transparent.” Maersk added.
There may be more suspended flights in the near future!
Simon Sundboell, the founder of Copenhagen-based ocean intelligence company eeSea.com, said, "The shipping company has just lost two weeks of capacity," he predicted that in order to get the route back on track, the shipping companies will have to skip the port. And cancel the flight.

When an event seriously disrupts liner services, the carrier can resume the return plan by canceling the entire voyage, canceling port calls or deploying "extra ships".
However, the current container ship leasing market is basically sold out, which means that additional ships cannot solve the interruption of the canal. Sundboell said: "It is impossible to find the extra two weeks of lost capacity."
He believes that what the shipping company needs to do is cancel the voyage. He explained: "They will announce blank voyages or cancel voyages."
When the congestion in Los Angeles/Long Beach reached its peak, despite the high demand, the carrier announced a large number of suspensions and blank voyages in February to allow ships moored outside of California time to catch up. He said: "As far as capacity is affected, the canal disruption is exactly the same as what happened in Los Angeles and Long Beach," Sundboell said.
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Ships are far behind plan, congested ports, shortage of containers...These are also factors that will lead to high spot freight rates.
Analysts expect freight rates to fall in the second half of the year, but due to the Suez Canal accident, some people now believe that freight rates may remain high. Jefferies analyst David Kerstens said: "We believe that the normalization of the container market and freight rates will take longer to achieve."
Sundboell also made the same point, "This may extend the high freight rates."
These ships have diverted!
In order to avoid blockage of the Suez Canal, some ships continue to wait to pass through the Suez Canal, and many ships are preparing to bypass the Cape of Good Hope and continue sailing.
Maersk said on March 29 that it had decided to make the two diverted ships turn around and continue to pass through the original route of the Suez Canal, and announced the latest overview of the ships detouring the Cape of Good Hope in South Africa:
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At the same time, Maersk’s 2M alliance partner, Mediterranean Shipping Company MSC, also stated that the Suez Canal incident will affect its operations.
The company said that in order to maintain the flow of goods on other routes, the company has diverted some vessels to the Cape of Good Hope:
Australia Express service: MSC SINDY, voyage MA109A

2M America service: MAERSK ALGOL, voyage 108E

2M Elephant service: MAERSK SKARSTIND, voyage 109E

2M Emerald service: BREMEN, voyage UL108W

2M Emerald service: MSC BILBAO, voyage UL109W

INDUSA service: NORTHERN JAVELIN, voyage IV109R

INDUSA service: VARNA BAY, voyage IV110R

NWC to IPAK service: CONTI CORTESIA, voyage IP111R

2M Lion Service: MSC AMSTERDAM, voyage QL110W

2M Albatross service: MERETE MAERSK, voyage 111E

2M Silk Service: MAERSK MADISON, voyage 111E

At the same time, the following MSC ships will return to their original routes:
India-Med Service: MSC STELLA, voyage MI109R, will discharge cargo at King Abdullah Port on Saudi Arabia's Red Sea coast, south of the Suez Canal, and return to India.
INDUSA Service: SEAMAX DARIEN, voyage IV108R, will discharge cargo in Mediterranean ports awaiting further orders.
In addition, CMA CGM mentioned that it is closely monitoring developments with the local team and Suez Canal authorities, and announced that in order to mitigate the impact of the accident, it has decided to allow several ships to bypass the Cape of Good Hope.

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In addition, Orient Overseas, a subsidiary of COSCO Group, has decided to divert the following vessels to the Cape of Good Hope to minimize supply chain disruption.
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Hapag-Lloyd also announced the ships that will be rotated by the alliance service:
"HMM Dublin", Voy 003E (DP: 262200), (FE2 Service eastbound)
"HMM Stockholm", Voy 003W (DP: 265016), (FE3 Service westbound)
"HMM Rotterdam", Voy 003E (DP: 265000), (FE3 Service eastbound)
"ONE Munchen", Voy 027W (DP: 263268), (EC4 Service westbound)
"YM Wellhead", Voy 030E (DP: 263285), (EC4 Service eastbound)
"ONE Marvel", Voy 054E (DP: 265224), (EC5 Service eastbound)