Headlines 

• Congress approved, by a large margin, the Ocean Shipping Reform Act (OSRA). This legislation is essentially the Senate’s version of a reform bill passed by the House in December, Freight Waves reports.  

UPDATE: U.S./Canada Ports – Number of Vessels at Anchor as of 06-14-22 

• Savannah: 26 Vessels at Anchor (+8) 
• New York/Newark: 18 Vessels at Anchor (+2) 
• Houston: 15 Vessels at Anchor (-5) 
• Vancouver: 15 Vessels at Anchor (-9) 
• Los Angeles/Long Beach: 8 Vessels at Anchor (-2) 
• San Francisco/Oakland: 8 Vessels at Anchor (-1) 
• Charleston: 1 Vessels at Anchor (+1) 

Note: This does not include vessels moored and being unloaded at port docks.  
Courtesy: MarineTraffic 

IMPORT: Asia to North America (TPEB) 

Recent Developments:  

• Shanghai has reopened after its two-month Covid-related lockdown. All businesses in the city have resumed work June 1, including manufacturing, production, and warehousing.  
• From Triple Eagle (Group) Ltd., manufacturing and production in the city will take “some time” before returning to normal operations.  
• Truck drivers will still need a Covid-negative NAT (nucleic acid test) report within 72 hours of gating in warehouses.  
• With Shanghai loosening restrictions, many forecast a surge of pent-up demand will occur pressuring operations and increasing overall rates. 
• Contract negotiations between the International Longshore and Warehouse Union (ILWU) and Pacific Maritime Association (PMA) remain active. 

Rates: Rates remain relatively elevated compared to pre-pandemic levels. MSC plans to implement GRIs from Indian origins to U.S. destinations in July.  
Space: With Shanghai loosened up, expected demand surges will tighten space.  
Capacity: Capacity has tightened in pockets as more shippers shift to the USEC (due to uncertainty around West Coast labor talks). 
Equipment: Intermodal systems remain stressed with truck and chassis availability dire. 
TIPS: Book at least 3 weeks prior to CRD. Strongly consider premium service and alternative routings. Additionally, be in close contact with suppliers to check up on any Covid-related developments that can affect production.  

IMPORT: Europe to North America (TAWB) 

Recent Developments:  

• USWC ports have seen alleviated congestion.  
• On the USWC, wait times for vessels have vastly improved. In some cases, wait times have cut down to under 10 days at Los Angeles/Long Beach ports.  
• On the USEC, the ports of Savannah and New York/Newark are both experiencing considerable congestion.  
• Conversely, the Port of Charleston has sustained improvements to its operations and has enjoyed minimal congestion.  

Rates: Rates are expected to stay elevated throughout June and into July.   
Space: Space remains critical for USEC and USWC. However, there have been glimpses of improvements.  
Capacity: Capacity for both North Europe and Mediterranean services remain gripped.  
Equipment: Equipment remains available at European seaports. However, inland terminals in Europe are still reporting equipment shortages.  
TIPS: Book 5 or more weeks prior to CRD. Shippers are strongly advised to use premium service for no-roll options and improved reliability for their cargo.  

EXPORT: North America to Asia 

Recent Developments: 

• For the USEC, congestion remains considerable at New York-Newark and Savannah ports.  
• Diminished schedule integrity continues to challenge post earliest return dates. 
• Stifling vessel backlogs in Shanghai have led to increased occurrences of blank sailings.  
• Vessel arrivals remain smooth for USWC POLs. 

Rates: Some carriers have issued GRIs for June.  
Capacity: Available capacity remains fluid for USWC POLs.  
Equipment: Truck and chassis availability remain causes for concern and has significantly contributed to congestion of the intermodal system and IPI origins.  
TIPS: Book 4 to 5 weeks prior to ETD to secure equipment and vessel space.