We processed an average of 7,340 TEUs per day at our container terminals, up from 6,079 TEUs the week before.
A lower average of ~6,641 TEUs (~10%) is anticipated to be handled in the upcoming week. Port activities were still delayed by weather; CTCT had bad weather at the beginning of the week but improved by the conclusion.
On the other hand, NCT and PECT had clear weather at the beginning of the week and experienced a few minor delays toward the conclusion, although most terminals saw an increase in throughput after a sluggish week.
However, truckers still face difficulties as a result of the recently implemented truck booking system.
Key Notes:
- An average of 7,340 TEUs were handled per day, with 6,641 TEUs projected for next week.
- Rail cargo handled out of Durban was reported at 2,558 containers, down by ↓20% from last week.
- Cross-border queue: ↓0,9 hrs; transit: ↑2,2 hrs; SA borders: ~12,7 hrs (↑38%); SADC: ~7,6 hrs (↑37%).
- Iran conflict impacts 20 million barrels of oil, or ~one-fifth (as much as 30%) of daily global production.
- Persian Gulf ports: 3,3% of global TEU throughput, although 10% of the global fleet’s routes = impacted.
- The impact is also felt on global air cargo through important hubs, with more than 3,000 flights cancelled.
Port operations – General:
- At our container terminals, an average of 7,340 TEUs was handled daily, an increase from 6,079 TEUs the previous week.
- For the coming week, a decreased average of ~6,641 TEUs (↓10%) is predicted to be handled.
- Weather delays continued to delay port operations, with CTCT starting the week with poor weather conditions, improving towards the end of the week.
- Inversely, NCT and PECT started the week with clear weather with minor delays towards the end of the week, though most terminals improved volumes from a slow previous week.
- However, the newly introduced truck booking system continues to create challenges for truckers.
Read more:
Cargo Movement Report – Full Report
Cargo Movement Report – Summary Report