A Giant Step to Improve US & EU Trade Relations
June 17, 2021
Port Congestion Update 06/25/21
June 28, 2021
Weekly Vessels Anchored and at Terminals as of 6/18/2021
LA & LB: Anchored 9 | Terminal 28
Oakland: Anchored 7 | Terminal 5 | Coastal 21
NWSA: Anchored 6 | Terminal —
Vessel Congestion Update
Congestion at the Ports of Los Angeles and Long Beach continues with an average of 3 – 7.5 day wait before container vessels can proceed to a berth/terminal to unload. As congestion continues in the San Pedro Bay Complex, fewer container vessels are in anchorage awaiting a berth. This week, each port reports single digits of vessels in anchorage. Also, other West Coast Ports continue to anchor container vessels as the above numbers reflect.
Last week, the Port of Yantian, China, worked at a 45% productivity rate, equating to an average waiting time of 16 days (about 2 and a half weeks) as container vessels are anchored. The crisis, caused by an outbreak of COVID-19, has led to measures to prevent the spread of the virus including limiting port employee hours. The situation will cause a similar long-term effect as seen on the West Coast. On June 17, 2021, Daily Splash announced, “estimates of 600,000 TEU are impacted from the Port of Yantian fallout, just as the U.S. peak season gets underway.”
The National Retail Federation (NRF) President and CEO, Matthew Shaw, sent a letter to the White House to urge President Biden and other administration officials to take action to relieve the U.S. supply chain infrastructure crisis. The NRF requested the opportunity to discuss the following:
The impact issues on the nation’s retailers, our workers, and our customers, as well as to discuss potential solutions to address the current and future disruptions. Congestion issues have added days and weeks to the supply chains and have led to inventory shortages impacting the ability for retailers to serve customers. Delays have added significant transportation and warehousing costs for retailers who depend on U.S. ports and other transportation infrastructure to deliver billions of dollars worth of goods and products to consumers every day.
Please contact your Western Overseas representative if you have any questions.
