Container ships spend fewer days in port: SSE

The average number of days for which container vessels were in port at the world’s 20 busiest box ports decreased from April to May by 4.7% to 1.79 days, according to the Shanghai Shipping Exchange (SSE).

Additionally, if we compare May 2023 with May 2022 we see a large decline of 24.8%.

At China’s nine major ports, container ships stayed for an average of 1.42 days, a decrease of 3.4% from 1.47 days in April. Furthermore, the average number of days for which boxships were at anchor was 0.83, a shrinkage of 4.6% from 0.87.

"As these figures indicate, service levels were stable in general in China," said Japan International Freight Forwarders Association (JIFFA) in a statement.

Source: Container News


Related News

Global trade records US$7.7 trillion in 2022 first quarter
Global trade records US$7.7 trillion in 2022 first quarter

The value of global trade increased by approximately US$1 trillion in the first quarter of the year, reaching US$7.7 trillion compared to the same period last year, according to United Nations Conference on Trade and Development (UNCTAD).

Yang Ming reports US$4 billion profit in 2022 H1
Yang Ming reports US$4 billion profit in 2022 H1

Yang Ming has announced that its net profit after tax and earnings per share (EPS) were US$4 billion (NT$116.11 billion) and US$1.1 (NT$33.25) respectively for the first half of the year.

Vietnam, Singapore cooperate to tap potential of trade pacts with EU, UK
Vietnam, Singapore cooperate to tap potential of trade pacts with EU, UK

As members of ASEAN (Association of Southeast Asian Nations), Vietnam and Singapore are signatories to various free trade agreements (FTAs), presenting them with significant cooperation potential to tap pacts with the EU and the UK, especially since their strong products do not compete directly with each other.


main.add_cart_success