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04/19/2017

Shanghai Port Congestion

Dear Valued Customer, 

 

Please note that Shanghai port terminals are currently experiencing a serious congestion caused by bad weather and a seasonal spike of cargo volume. 

 

Due to foggy conditions in the affected region coupled with a strong cargo volume in April, the vessels are being delayed on their berthings and departures, resulting in a backlog of containers at the port. These delayed containers are limiting the space in the container yards for new containers to gate-in and are also causing a shortage of empty containers at the port. 

 

We anticipate this trend to continue until the Chinese Labor Day weekend in the first week of May. Please be advised that there can be some additional costs related to the local trucking operation in Shanghai as well as sporadic delays may be expected for some cargo shipping from Shanghai over the next few weeks. 

 

OEC Group is committed to providing our valued clients the most accurate and up-to-date market information as the situation continues to develop.

 

Should you have any questions regarding this update, please contact your Sales or Customer Service representative.

 

 

Sincerely yours, 

OEC Group
 

 

The information contained herein is provided as a public service with the understanding that OEC Group makes no warranties, either expressed or implied, concerning the accuracy, completeness, reliability, and suitability of the information. Nor does OEC Group warrant that the use of this information is free of any claims of copyright infringement.

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