Join our crew and become one of the 106,977 members that receive our newsletter.

port of shanghai yangshan at dusk

Photo: fuyu liu/Shutterstock

Shanghai Port Waiting Times Returning to Normal -VesselsValue

Mike Schuler
Total Views: 2013
June 6, 2022

Port congestion at Shanghai, home to the world’s busiest port, is returning to normal levels as the city emerges from its two-month COVID-19 lockdown.

This is according to new data from VesselsValue.com which analysized average waiting times across vessels types. As a whole, average waiting times for tankers, bulkers and containers at Shanghai have shortened to 28 hours, just an hour longer than the top of the range for this time of year over the past three years. This is down from peak average waiting times of 66 hours in late April at the height the lockdown.

Looking at containerships, the top ship sector for Shanghai port, average wait times are down to 31 hours from a peak of 69 hours in late April, according to VesselsValue. This is still 4 hours longer than the higher end of the range for this time over year over the last three years.

Congestion for tankers is back within normal ranges—currently 18 hours. For bulkers, average wait times have actually fallen to the lowest level for this time of year over the last three years—currently 21 hours.

“As shops reopened [last week] and people returned to offices, parks and markets, there are many encouraging signs of normalisation. Factory activity in China’s largest city shrank less sharply in May than in April, though it was still the second sharpest monthly slump since February 2020, in the initial stages of the Covid-19 pandemic,” VesselsValue said in its update.

With Shanghai’s reopening, the big question remains whether or not China’s lockdowns will cause another “bullwhip effect” that will further swamp ports in Northern Europe and in the U.S. that continue to battle congestion stemming from the economic recovery from COVID-19.

Unlock Exclusive Insights Today!

Join the gCaptain Club for curated content, insider opinions, and vibrant community discussions.

Sign Up
Back to Main
polygon icon polygon icon

Why Join the gCaptain Club?

Access exclusive insights, engage in vibrant discussions, and gain perspectives from our CEO.

Sign Up
close

JOIN OUR CREW

Maritime and offshore news trusted by our 106,977 members delivered daily straight to your inbox.

gCaptain’s full coverage of the maritime shipping industry, including containerships, tankers, dry bulk, LNG, breakbulk and more.