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18:14:22","post_date_gmt":"2022-04-13 10:14:22","post_content":"<p>Global factors, including further Covid-19 restrictions in China, will continue to put a damper on the supply chain. <\/p><p>In northern Europe, container traffic to and from Russian ports has fallen dramatically due to sanctions imposed on Russia.<\/p>\n<p>Meanwhile, Ukraine\u2019s Black Sea ports are closed, prompting cargo to be diverted to ports in Romania, Turkey, Greece and Italy.\u00a0 The result is port congestion in the region, further complicated as operators and carriers seek to confirm how they should handle Russian shipments under the sanctions regime.<\/p>\n<p>With Russian imports and exports left stranded on quays and in storage, or stuck on vessels, ocean carriers have been forced to <a href=\"https:\/\/theloadstar.com\/carriers-forced-to-juggle-schedules-as-congestion-returns-to-north-europe\/\">re-organize schedules<\/a> and restrict services to avoid vessel delays in the region.<\/p>\n<p>\u201cFor our part, DHL no longer accepts cargo to and from Ukraine, Russia and Belarus. Meanwhile, many major ocean carriers have suspended their services to Russian ports,\u201d said Dominique von Orelli, Global Head, Ocean Freight, DHL Global Forwarding.<\/p>\n<p>Despite port congestions looming on the horizon, the ocean freight situation is less severe than its air counterpart, which has seen significantly <a href=\"https:\/\/lot.dhl.com\/early-positives-give-way-uncertainties-air-freight\/\">longer transit times due to airspace closures<\/a>.<\/p>\n<p>\u201cContrary to the situation in airfreight, the impact on the ocean freight market due to the ongoing situation in Ukraine is largely limited to the European region,\u201d added von Orelli.<\/p>\n<p>The war in Ukraine, however, is only part of an evolving global situation. The ongoing Covid-19 pandemic is still very much disrupting the global supply chain, which is facing further restrictions outside of Europe.<\/p>\n<p><strong>RELATED ARTICLES<\/strong><\/p><p><a href=\"https:\/\/lot.dhl.com\/early-positives-give-way-uncertainties-air-freight\/\"><figure><img src=\"https:\/\/lot.dhl.com\/wp-content\/uploads\/2022\/03\/early-positives-give-way-uncertainties-air-freight-key-image.jpg\"\/><\/figure><\/a><br\/><a href=\"https:\/\/lot.dhl.com\/early-positives-give-way-uncertainties-air-freight\/\"><strong>Early positives give way to uncertainties for air freight<\/strong><\/a><br\/>Further disruptions and increased air freight rates are expected as the Ukraine situation evolves.<\/p><h2>China affected by further Covid-19 restrictions<\/h2>\n<p>Port congestion is blighting container ship scheduling beyond northern Europe, with delays globally soaking up shipping capacity. In China, strict lockdowns and Covid-related absences from work continue to disrupt exports, factory output, warehouse and distribution centre operations, and trucking service availability.<\/p>\n<p>\u201cEven with ports formally open, the lack of terminal handling staff and the expected trucking delays could force carriers to skip numerous Pearl-River Delta calls or keep vessels waiting, thus causing major delays,\u201d said Kelvin Leung, CEO, DHL Global Forwarding Asia Pacific.<\/p>\n<p>The <a href=\"https:\/\/theloadstar.com\/shanghai-lockdown-extended-authorities-to-test-all-in-the-city\/\">lockdown of Shanghai<\/a> is also disrupting cargo flows and it is not clear at this stage how long the city\u2019s terminals and transport network will try to operate under these conditions.<\/p>\n<h2>Port congestion and vessel delays persist<\/h2>\n<p>According to supply chain analyst firm Sea-Intelligence, some <a href=\"https:\/\/www.sea-intelligence.com\/press-room\/133-11-6-capacity-lost-in-february-2022\">13.7 percent of the global container fleet was \u201cnot available\u201d<\/a> in January due to port congestion and vessel delays. This figure is expected to improve between 11.7 percent to 11.8 percent in February when final datasets are available.<\/p>\n<p>Sea Intelligence\u2019s terminal congestion index saw a gradual improvement in February and March in the U.S. but the index remained at an elevated level. The analyst firm also notes that there has been no improvement in the past three months in terminal congestion in Europe, with no sign of improvement any time soon.<\/p>\n<p>On the intermodal side, the level of congestion in North America is not as high as compared to Europe, suggesting that the problems for the latter are more heavily focused specifically on terminals rather than capacity.<\/p>\n<h2>Economic impact from further Covid-19 restrictions in China<\/h2>\n<p>The above events continue to impact the world\u2019s economy significantly, especially for China and its exports. The latest <a href=\"https:\/\/lot.dhl.com\/dhl-ocean-freight-market-update-april-2022\/\">DHL Ocean Freight Market Update<\/a> notes that China\u2019s economic growth is likely to fall short of the country\u2019s 5.5 percent target for 2022. The forecast is revised to 5.1 percent, reflecting the impact of higher energy prices and slower growth in European export markets. Furthermore, new outbreaks of Covid-19 variants could dampen industrial activity and consumer spending this spring.<\/p>\n<p>Analyst firm Nomura\u2019s leading index of Asia ex-Japan\u2019s (AEJ) aggregate exports, made up of eight forward-looking components with a three-month lead time, is now predicting a modest slowdown in total export growth from AEJ, although export growth of around 15 percent year-on-year is still expected between March to April 2022.<\/p>\n<p><strong>RELATED ARTICLES<\/strong><\/p><p><a href=\"https:\/\/lot.dhl.com\/dhl-ocean-freight-market-update-april-2022\/\"><figure><img src=\"https:\/\/lot.dhl.com\/wp-content\/uploads\/2022\/04\/OFR-April-2022-key-image.jpg\"\/><\/figure><\/a><br\/><a href=\"https:\/\/lot.dhl.com\/dhl-ocean-freight-market-update-april-2022\/\"><strong>DHL Ocean Freight Market Update \u2013 April 2022<\/strong><\/a><br\/>Find out the latest developments of the global ocean freight market in this monthly analysis by DHL Global Forwarding.<\/p><h2>Expecting a major rebound in demand<\/h2>\n<p>With the ongoing Covid-19 restrictions in China, and developing situation in Europe, demand for Asia Pacific to Europe is likely to soften for the next few weeks. This, however, will most likely see a major rebound.<\/p>\n<p>As space in various regions remains tight, the prudent approach is to place a higher emphasis on advanced booking to secure space. \u201cCustomers are advised to stay ahead of the situation, and consider booking up to four weeks in advance in anticipation of a revival in demand,\u201d added Leung.<\/p>\n","post_title":"Ukraine war impacts ocean freight, but limited to European region","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"ukraine-war-impacts-ocean-freight-but-limited-to-european-region","to_ping":"","pinged":"","post_modified":"2025-04-10 15:54:20","post_modified_gmt":"2025-04-10 07:54:20","post_content_filtered":"","post_parent":0,"guid":"https:\/\/lot.dhl.com\/?p=29312","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},"custom":{"thumbnail":false,"title":"","excerpt":"","cta":"Read 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