May 2023

Greater China
 

• On May 18-20 Röhlig Logistics joined the SIAL Exhibition in Shanghai to share our cold chain solutions. Our services are supported by a global network including our colleagues at Röhlig-Grindrod Fresh.

• The China team will be exhibiting at the World Power Battery Conference (WPBC2023) in Yibin, Sichuan on June 8. The booth will include details of our multi-modal services such as rail catered to freight forwarding for the EV, battery and green energy sector. We look forward to meeting all who attend.

Greater China
 

• The market has remained steady in the last weeks of May. Rates have increased between Shanghai Pudong (PVG) and the US.

• From mid-May, a new freighter flight between Guangzhou Baiyun (CAN) and John F. Kennedy New York (JFK) is available.

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  Weak market demand has resulted in little change for export rates from Taiwan.

• Rates similarly stable for the Hong Kong export market, as demand remains low against improving capacity. We recommend that customers apply advanced bookings.

Southeast Asia
 

• Airfreight rates remain stable, with space and capacity open to all destinations.

India
 

• Rates remained stable this month with the opportunity for further reduction for committed volume.

• Ample space available Ex-India. Space challenges arising for Ex-Transshipments.

• All airports currently running smoothly with no delays.

• Due to the upcoming monsoon season, we advise customers to consider shrink/plastic wrapping cargo to protect from water damage.

Greater China
 

• Capacity management becoming a top priority as carriers balance new builds with low demand across all trades. FEWB remains reliable with little capacity changes. TPEB trade has reduced following the pandemic.

• Currently long delays at Tianjin and Xiamen ports.

• Hong Kong sea export blank sailings continue on main trades to EU.

• Recommend early booking for Hong Kong sea export due to unstable vessel closing and departure. Please also ensure to regularly check sailing schedules.

• Rates from Taiwan remain low. Carriers are applying blank sailings to adjust to supply and demand. Customers are advised to book at least 2 weeks in advance and avoid last-minute bookings.

• Around a 4-day delay at Keelung port in Taiwan.

Southeast Asia
 

• Little fluctuation on Intra-Asia rate, with a good service. Indonesia to Oceania rates have dropped.

• Space and equipment available across all regions.

• Blank sailings to Oceania as carriers wait for further bookings. Frequent delayed departures from MSC have resulted in only one departure from Indonesia to Oceania this month.

India
 

• Rates climbing due to increased blank sailings and General Rate Increases.

• Capacity remains available with shipments rolled over to the next vessel in the event of blank sailings.

• Currently a 6-day delay at Kolkata port.

Port waiting times sourced from Port Congestion Status Data Worldwide - GoComet. Subject to change.

Greater China
 

• Westbound rates falling while Eastbound rates remain stable.

• Some container shortages on Eastbound routes.

• Customers are advised to share their forecasts and transit time requests as soon as possible before booking.