Port operations were primarily impacted by inclement weather conditions, equipment breakdowns ,and shortages. Adverse weather conditions and equipment breakdowns constituted the majority of delays in Cape Town, while strong winds and high swells prevented optimal performance at the Port of Durban this week. Crane breakdowns and strong winds ensured operational delays at our Eastern Cape Ports. Minimal reports were received from TFR this week; however, one report indicated that no major incidents occurred on the rail network.
Key Notes:
- An average of ~9 589 containers was handled per day, with ~8 893 containers projected for next week.
- Cross-border queue: ↑1,3 hrs; transit: ↓6,7 hrs; SA borders: 9,6 hrs (↓21%); SADC borders: 2,5 hrs (↓74%).
- Rail cargo handled out of Durban was reported at 3 313 containers, up ↑2% from last week.
- Global container volume (dry & reefer) is down by ↓4,5% (m/m) and up by ↑6,3% (y/y) in April.
- Freight rates continue to increase, albeit slower, and are up by ↑1,8% (or $85) to $4 801/40-ft container.
- Global air cargo is slightly down (↓1%) but remains up annually (↑12%), with rates stable at $2,52/kg.
Port operations – General:
- Port operations were primarily impacted by inclement weather conditions, equipment breakdowns and shortages.
- Adverse weather conditions and equipment breakdowns constituted the majority of delays in Cape Town, while strong winds and high swells prevented optimal performance at the Port of Durban this week.
- Crane breakdowns and strong winds ensured operational delays at our Eastern Cape Ports.
- Minimal reports were received from TFR this week; however, one report indicated that no major incidents occurred on the rail network.
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