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Home Ports and Terminals

Container Availability Index – week 2

Container equipment availability low across Asian main ports

Editor by Editor
2 weeks ago
min read1 min
Container shipping
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Container equipment availability is very low across Asian main ports – and also below last year’s levels.

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An index of 0.5 describes a balanced market, below 0.5 a shortage of containers.

container index

Chart: Example Container Availability Index (CAx) for 40HC in Shanghai (2020 vs. 2019)

Historically equipment in Asia becomes less scarce towards the end of the year – but not this year:

Q1/Q2 lockdowns disrupted supply-chains, causing significantly longer overall transit times (and hence less trips per container per year – effectively reducing container supply)

Global demand recovery in late Q2/Q3 increased trade volume ex Asia to Europe/North America massively – effectively clearing container stocks in Asia

These volumes are now underway to Europe/North America

At the same time container returns to Asia are delayed as containers especially in North America currently take significantly longer between vessel discharge and containers available for export or empty positioning to Asia

Source: Container xChange

Follow on Twitter:

Tweets by "ConXchange"
Tags: Container Availability IndexContainer equipmentContainer xchange
Editor

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