Hamburg Süd has given out its 'market update Latin America February 2023, stating:
As part of our commitment to provide you with the most up-to-date and relevant information on the logistics industry, we share our Market Update on the Latin American market. You will find information and interesting data on the update of the state of the ports, the most important transport routes and relevant news.
We hope you'll find the following information helpful, as well as inspiring to boost your business and keep your cargo moving.
Key ports across our global network have significantly improve on waiting time, as consequence of weather improvement and less cargo congestion.
- In Northern Europe, situation at ports have improved with no waiting time, still facing weather disruptions however with less impact.
- In Asia, the situation is stable and waiting time has improved specially in Ningbo and Qingdao, Busan has been impacted due to weather issues. Tauranga continue severely congested, waiting time can reach up to 7 days for vessels out of window and 3 days for vessels arriving on proforma.
- In Latin America the situation related weather disruption has improved on the last weeks in the Gulf of Mexico and as per forecast should remain as is for the rest of February, Veracruz is being impacted with 2- 3 days of waiting time, weather situation in Buenos Aires has improved with no impact to the line-up.
- In North America, overall, the situation has had a significant improvement, waiting time in both, East and West coasts have reduced, Norfolk and Savannah labor situation is improving allowing better performance overall on the ports complex, Houston waiting time has significantly reduced to 1 day for US Flag vessels and 2-3 days the rest of the vessels, labor situation, productivity and yard utilization have improved. Freeport and Mobile waiting time have increased to 1 - 3 days due to high number of vessels arriving heavily delayed. For the Canadian ports, Vancouver is impacted due to the heavy winter and holiday delays having a waiting time of 10 days.
For more information: hamburgsud.com