We processed an average of 8,151 TEUs per day at our container terminals, down from 8,699 TEUs the week before. A lower average of about 7,165 TEUs (~18%) is anticipated to be handled over the next week. Due to ongoing weather delays in Cape Town and minor weather delays reported by other ports, port operations for the week showed somewhat reduced container volumes. In contrast to prior weeks, equipment availability stayed stable, however for certain terminals (such Pier 1), it is still below the optimal complement. Numerous pieces of equipment, such as the helicopter at Richards Bay and cranes across the port system (especially Port Elizabeth), are still undergoing planned repair. Landside operations performed well despite decreased waterside flows (albeit above target), and the rail system is expected to get better when the issues on the City Deep – Mafikeng line were resolved.
Key Notes:
- An average of 8,1511 TEUs were handled per day, with 7,165 TEUs projected for next week.
- Rail cargo handled out of Durban was reported at 3,210 containers, down by ↓22% from last week.
- Cross-border queue: ↑1,7; transit: ↑1,8 hrs; SA borders: ~8,2 hrs (↑4%); SADC: ~6,4 hrs (↑45%).
- Global LNG trade is forecast to expand by ↑6% (y/y) as Asian imports recover and Europe remains reliant.
Port operations – General:
- At our container terminals, an average of 8,151 TEUs was handled daily, a decrease from 8,699 TEUs the previous week.
- For the coming week, a decreased average of ~ 7,165 TEUs (↓18%) is predicted to be handled.
- Port operations for the week showed somewhat lower container volumes, notably with Cape Town plagued by continued weather delays, and other terminals reporting minor weather delays.
- Equipment availability remained consistent, compared to previous weeks, though for some terminals (for example, Pier 1, this remains below the ideal complement).
- Planned maintenance continues on various equipment, including the helicopter in Richards Bay, and cranes across the port system (notably, Port Elizabeth).
- In spite of lower waterside volumes (though above target), landside operations showed a strong performance, along with the rail system set to improve, following the resolution of challenges experienced on the City Deep – Mafikeng line.
Read more:
Cargo Movement Report – Full Report
Cargo Movement Report – Summary Report