On June 7, the reporter learned from the Shanghai Municipal Commission of Transportation that since the full restoration of normal production and living order on June 1, the cargo volume of Shanghai's sea and air ports has continued to rebound, and has basically returned to more than 90% of the normal level, or will be Ushered in a one to two-week shipment peak.

In terms of air transportation, Pudong Airport has an average of more than 200 cargo and mail flights per day during the Dragon Boat Festival holiday, and the number of flights is comparable to the level before this round of epidemic in Shanghai. In terms of shipping, since June, the daily container throughput of Shanghai Port has exceeded 119,000 TEUs, and the daily export declaration volume of Yangshan Port has increased to 11,000.

The Shanghai route is rich in resources, attracting a large number of "Made in China" products to be shipped from other places to Shanghai and then exported overseas. There are a large number of consolidation warehouses near Yangshan and Waigang ports. These collective warehouses were previously closed due to closure and control. With the resumption of work and production in Shanghai, the gradual reopening of collective warehouses has become a major reason for this round of shipment peaks.

The major shipping companies have improved their efficiency, and the time from the opening of the container ship to the departure from the berth has been shortened from 48 hours in the normal period to 24 hours or even 16 hours, which has greatly reduced the time for export goods to enter the port, check and load the ship. The lag in any link of freight logistics may increase the risk of "dropping the box". At present, the relevant units of Shanghai Port are actively allocating resources, strengthening ties with export enterprises, and doing their best to ensure the timely delivery of export goods.

The global shipping market has performed brilliantly recently, and shipping rates have soared.

In terms of the container market, Du Bingqin, an analyst at Everbright Futures, said that as European and American retailers gradually start purchasing goods during the second half of the school season and related holidays, the global container market is about to enter the peak shipping season. In order to avoid last year's port supply chain blockage and "hard to find a single container", major ship operators actively ordered containers and new ships this year to increase capacity reserves. Judging from the current situation, due to limited port efficiency, several important ports including the Port of Los Angeles and the Port of Long Beach in the United States are still showing signs of container congestion; although the container freight rate has decreased compared with last year, it is still at a high level and has not returned. to pre-pandemic levels in 2019.

In the domestic container market, with the full recovery of the Shanghai port freight chain, the domestic container market also ushered in a peak shipment. At present, the daily container throughput of Shanghai Port has recovered to more than 95% of the normal level. The shortage of shipping capacity has also caused the freight rate of related routes to rise sharply. Some people in the shipping industry said that as Shanghai entered the stage of full resumption of work and production, the "retaliatory shipment tide" has arrived, the shipping space has begun to become tight, and the freight rate has risen sharply. The current business chain is more efficient and ports are busier.

It is worth mentioning that the LNG tanker market is also very hot recently. Du Bingqin said that due to the restriction of Russian natural gas exports, Europe needs to import LNG spot goods from the United States and the Middle East by sea, which has driven the recent increase in the price of natural gas in the United States and the freight rate of LNG tankers. "Summer is the traditional natural gas replenishment season in Europe. The energy crisis and the conflict between Russia and Ukraine have led to a shortage of natural gas supply in the European natural gas market. This has also made Europe's demand for LNG imports and LNG shipping capacity from the United States and other places more prominent this summer. Traders are scrambling to order LNG tankers ahead of the peak season, with freight rates approaching 10-year highs and new orders for LNG tankers hitting record highs." She expects the LNG capacity strain to further increase as summer approaches. Exacerbated, the freight will remain high.