Recently, Maersk released the latest market information of Asia-Pacific in May 2021. It is predicted that the export demand of Asian shipping will continue to maintain a strong momentum in the third quarter, and the transportation demand of all routes will remain at a high level. In order to ensure the smooth supply chain of customers, MSK will focus on the port call rate of ships and provide reliable capacity solutions. Maersk: The shortage of container ships will last until the fourth quarter! Wu Bingqing, president of Maersk Greater China, said: "The global container shipping supply chain has never experienced such pressure as in the past few months, and Maersk has used all available ships and containers to improve the efficiency of empty container turnover. However, the current shortage of ships and the extremely uneven distribution of containers have also become the bottleneck for shipping companies to put more capacity. " She also said that from July last year to January this year, Maersk had rented about 400,000 dry containers, and a large amount of investment will be made in the second quarter, and another 260,000 containers will be rented. During the first quarter of last year, the idle rate of ships in the whole world was about 10.6%, but now the idle rate is about 1.5%. Therefore, the effective capacity that shipping companies can get in the chartering or chartering market has been greatly reduced. picture Why do new container inputs continue to cause container shortage? The main reason is that the repeated epidemic makes the port inefficient, causing serious congestion and delaying the shipping schedule, which also increases a lot of costs for the shipping companies themselves, and this situation may continue, and it may be until the fourth quarter before the epidemic can really return. According to industry insiders, if the loading, unloading and supply chain of foreign ports cannot resume normal operation, the problems existing in the shipping market may not be solved in the short term. In addition, although the market orders of newly-built container ships continue to increase substantially, the delivery time will be at least until 2024, so container shipping will maintain a high prosperity in the next two years. The innovation capability of ports and the transshipment capability of supply chains, if these capabilities can't be solved, it's futile to increase the number of ships. The core competitiveness of shipping companies in the future is that whoever has better adhesion with customers will be able to create greater value. At present, container shortage in Asia is a challenge for the whole industry. The supply of 20-foot dry cabinets is sufficient, but 40-foot super Gao Qian cabinets, 45-foot super Gao Qian cabinets and 40-foot cold dry cabinets are still in short supply. The following figure shows the container supply situation in major Asian regions: picture * The color in the figure indicates whether the container supply can meet the expected demand. Green means adequate supply; Yellow indicates tight supply; Red indicates insufficient supply. Port congestion in Australia and New Zealand remains serious. To improve the flexibility of the overall route network and the stability of the supply chain, we have opened a new Sirius Star route and increased the capacity of Southern Star route. Oceania's route to and from North America is still affected by the delay of American ports and the congestion of New Zealand ports. In order to maintain overall network stability and improve capacity, OC1/Trident route (Oceania to the east coast of the United States) will stop at Napier Port and Chalmers Port every two weeks. In Australia, we have put into the "Soroe Maersk" liner to transport empty containers, which has alleviated the congestion of container yards. In Oceania, the congestion of American ports affects the cargo in Oceania, and the capacity of Trans-Tasman is very tight. Due to the recent import peak in Northern Europe and the chain reaction of Suez Canal blockage, the ports in Northern Europe are currently in a state of high load operation. Many ports in the Middle East, India and Pakistan are facing delays due to the excessive accumulation of goods in container yards. At present, many ports around the world are congested and the shipping schedule is delayed. Maersk is taking measures such as changing ports and jumping ports to reduce the impact and improve the quasi-shift rate. We suggest that customers plan ahead and arrange the transportation time of goods. Overview of main routes picture picture Latest development of air transport China: At present, the export demand by air is strong, especially to the United States. In the future, with the release and listing of a series of new high-tech products, the annual shopping event will come soon (such as Amazon Member Day, etc.), and the demand for air cargo transportation between China and the United States will continue to rise. However, as many passenger flights turn to other routes and are affected by the annual overhaul and safety inspection schedule of aircraft, the air transport capacity will tend to be tight. Thailand, Malaysia and Singapore: Air transport capacity to and from the United States is tight. At present, the capacity from Thailand, Malaysia and Singapore to Europe and all parts of Asia is controllable, but Maersk recommends that customers of all routes book shipping space 5-7 working days in advance. Indonesia and Philippines: Consumers' demand for clothing, retail and electronic products is growing steadily, especially in American and European routes. Demand from Jakarta and other parts of Asia has made Indonesia's air transport capacity even more tense. Therefore, in order to ensure the shipping space, please book the cargo at least 10 days before the estimated departure date, especially for the US and European routes. Some Philippine airlines are facing a backlog of orders from Manila. Please book the cargo 1-2 weeks in advance and confirm the order 48 hours before shipment. Vietnam, Cambodia and Myanmar: There is a strong demand for the export of electronic products, e-commerce and retail products by air, especially to North America, but the demand for passenger travel is insufficient. The demand of Cambodia's air transport market is particularly strong, mainly due to the recent backlog of sea freight. In the air transport market between China and India, with the new outbreak of COVID-19 epidemic in India, many airlines cancelled their flights, forcing many carriers to consider alternative solutions including charter flights. Australia and New Zealand: The import market demand is flat, and there are fewer inbound and outbound passenger flights. Bulk cargo often needs to be allocated to multiple flights, and the capacity is basically determined by the carrier, and the booking terms may change at any time. When there is a backlog of goods in the transshipment hub, airlines will give priority to transporting small tonnage goods. In addition, the schedule of long-distance transport flights is mostly temporary, and the connecting flights may also change. picture Latest Development of Inland and Intercontinental Railways Chinese mainland, Hong Kong Special Administrative Region and Taiwan Province: At present, the trailer capacity in the whole region is basically sufficient, while the port congestion in South China (Yantian Port and Nansha Port) is limited. Due to the impact of COVID-19 epidemic prevention measures, the bottleneck of cross-border trailer transportation between Chinese mainland and Hongkong/Southeast Asia still exists. China's intercontinental railways continue to strictly control railway capacity to ease cross-border transportation congestion. It is expected that the capacity of intercontinental railways will remain tight this month, especially between China and Eastern Europe (Russia, Poland and Hungary). It is estimated that the average delay time in Manzhouli (China), Erlianhot (China) and Malashevich (Poland) is 5-7 days; The average delay time in Alashankou (China) and Horgos (Kazakhstan) is 3-5 days. Latest developments in major ports Recently, Northern Europe is at the peak of import. In addition, many ports in the Middle East, India and Pakistan are facing delays due to the excessive accumulation of goods in container yards. At present, many ports around the world are congested and the shipping schedule is delayed. Maersk is taking measures such as changing ports and jumping ports to reduce the impact and improve the quasi-shift rate. picture