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Probable hike in container storage fee to disincentivise longer staying containers at depots

Survey finds 60% freight forwarders and NVOCCs struggle to monitor movement of shipping containers.

Ports of Le Havre, Antwerp and Bremerhaven exceed container availability levels beyond 0.90.

Demand for containers has been increasing in Vietnam, Malaysia and Singapore among other South-Asian countries.

Threats of industrial action at Liverpool port & German gateways could add to logistics bottlenecks.

D&D charges up 12% despite decline in 2022 compared to pre-pandemic levels after global avg increase of 39% in 2021.

Average container prices & leasing rates have been declining globally since Sept-Oct 2021.

Despite increased regulatory scrutiny, New York, Long Beach, Los Angeles, Oakland and Savannah had high D&D charges

Avg price of a 40 ft HC container in Chennai was $5,127 in mid-Jan 2022, which was down 16% to $4,297 on April 18, 2022.

Container prices have dropped by 30% in two months across east and west coast and more than halved at some ports.

Conflict to affect container availability globally but it will vary from port to port: Container xChange

Lockdowns in 19 provinces (Shanghai, Guangzhou..), as of Sunday, will restrict container movement at these ports heavily.