CMA CGM Containership Reroutes Around Cape of Good Hope, Bypassing Suez Canal
An ultra-large containership coming from CMA CGM is bypassing the Suez Canal on its return journey to Asia, including some 3,000 miles as well as 5 days to the trip as influences of coronavirus as well as reduced oil rates surge throughout the supply chains.
The 16,022 TEU capability CMA CGM Alexander Von Humbolt last hired Algeciras, Spain on March 27 as well as was last tracked underway off of West Africa since March 31. The vessel has a location of Port Klang, Malaysia with an anticipated arrival of April 21, creating a complete transportation time of 26 days, rather than the normal 21-day transportation.
The detour of the CMA CGM Alexander Von Humbolt was initial mentioned by Lars Jensen, Chief Executive Officer of SeaIn telligence Consulting.
“The trip is more than 3000 nautical miles longer and the speed is increased by more than 2 knots for the journey despite the added 5 days to the schedule,” creates Lars in a post on ConnectedIn
CMA CGM Alexander Von Humbolt operates the Ocean Alliance’s French Asia Line 1 (FAL 1). The eastbound leg of the path usually has ships take a trip via the Suez Canal after calling northEurope
While uncommon, re-routing ships around the southerly idea of Africa as well as South America to prevent Suez Canal as well as Panama Canal tolls is not unprecedented.
In 2015-2016, as the container delivery market fought with extreme overcapacity as well as ultra-low shelter gas rates, greater than 100 vessels released on Asia- UNITED STATE East Coast as well as Asia-North Europe solutions made backhaul journey to Asia by circumnavigating the Cape of Good Hope rather than the Suez path.
The re-routing of the Alexander Von Humbolt comes in the middle of a historical collision in oil rates induced by the coronavirus pandemic as well as the Russia-Saudi oil rate battle. Even though the ship will certainly shed extra gas by taking the lengthy method around, preventing the high price of the Suez Canal toll can in some circumstances in fact make the journey extra cost-effective.
“The canal already has a 45-65% discount scheme for USEC vessels to prevent re-routing. A few days ago they announced a 6% discount for European vessels – but as is evident with the CMA vessel that is not sufficient to prevent round-Africa routings,” claimedLars
It had not been right away clear if any one of the various other 11 vessels on the FAL 1 path were likewise being re-routed.