The new foreign trade loading and unloading fee price is increased by 10%! Implemented from January 1st! Has the port followed up?

On December 1, Ningbo Zhoushan Port Co., Ltd. issued a price increase notice on its official website: In order to further straighten out port charges, according to the "Port Charges and Billing Measures" of the Ministry of Transport, the National Development and Reform Commission, and the list of Ningbo Port Charges and Lists , Implement adjustments on the basis of the original "List of Charges for Foreign Trade Import and Export Container Ports of Ningbo Zhoushan Port". The new catalogue list will be implemented from January 1, 2022.
In the port charge catalog list released by the company in June 2020, the terminal loading and unloading fees are 490 yuan/20 feet heavy container, 751 yuan/40 feet heavy container, and the new standards are 539 yuan/20 feet heavy container and 826 yuan/40 feet heavy container.
The loading and unloading prices are adjusted as follows:
Before this adjustment, the charging standards for loading and unloading ships are shown in the figure
After this adjustment, the charging standard is as shown in the figure
In other words, compared with the pre-adjusted standard, the port charges for the 20-foot and 40-foot empty container loading and unloading of the ship, the new standard has achieved an increase of about 10%.
Why does the port increase the loading and unloading fees?
First, the loading and unloading fees of Chinese ports are already at a relatively low level.
Comparison of Container Loading and Unloading Operation Fees in Major Ports at Home and Abroad
Data source: Research by China Port Association; Unit: Yuan/TEU
Secondly, the increase in loading and unloading fees this time is the result of the interlocking forces of internal and external factors. From the perspective of internal factors, the cost of terminal production and expansion has increased year by year. Specifically, first, the current strict reclamation control measures and environmental protection requirements have led to the increase in port construction and operating costs; second, the increase in labor, infrastructure, and raw material prices; It was a sudden outbreak of the epidemic, and the cost of epidemic prevention suddenly increased. Port enterprises and employees have spent huge amounts of money, material and manpower in the epidemic prevention regulations and the special shift system.
In terms of external factors, after 2021, shipping prices will continue to rise under the influence of multiple factors such as poor supply chains, congestion in the US West Port, and congestion in the Suez Canal. This wave of cyclical dividends in the industry has also spilled over to related markets such as freight forwarding, ship chartering, container leasing, and container building. All parties involved in the entire chain, except for ports, have made a lot of money.
According to the previous analysis of the port circle, after the outbreak of the new crown epidemic, even if the final result of the shipping company is to profit from it, in the process there are still intractable diseases such as port jump and drop in the on-time rate. A handful of sugar is still mixed with glass slag. . Foreign ports are even less resilient, and are directly "broken." There is no way before they can resume normal operations. Chinese ports have maintained an efficient level of loading and unloading under the same circumstances. If we hope that the entire supply chain will operate steadily in the face of sudden incidents and severe market fluctuations, it will be everyone's common choice for shipping companies to transfer part of the dividends and go hand in hand with the port.
Other ports have hope to follow in foreign trade container loading and unloading fees
The recent port policy has a tendency of marginal improvement. On November 18, the State Council approved the temporary adjustment and implementation of relevant administrative regulations in the Lingang New Area of the China (Shanghai) Pilot Free Trade Zone, and the coastal piggyback business of foreign trade containers between Dalian, Tianjin, Qingdao Port and Shanghai Yangshan Port Area , Open to international liner companies in foreign countries, Hong Kong and Macau Special Administrative Regions.
In reviewing history, shipping prosperity will be transmitted to the port. Shenwan Hongyuan's research believes that the adjustment of Ningbo Zhoushan Port's loading and unloading charges is just the beginning. Overseas terminals have achieved an increase in single container revenue. Maersk`s APM Terminal, single TEU terminal business revenue increased by 10.7%, 2017-2020 were 18%, 21%, 28%, 32%. Affected by the anti-monopoly review in 2017, some domestic ports have not officially raised their catalog prices. The price adjustment of Ningbo Zhoushan Port is the beginning of the transmission of shipping prosperity to domestic ports.
The catalog price adjustment of Ningbo Zhoushan Port this time is limited to foreign trade containers. Shenwan Hongyuan believes that after the price adjustment of Ningbo Zhoushan Port, other ports have hope to follow in foreign trade container loading and unloading fees.
At present, it is circulated in the industry circle that SIPG will make appropriate adjustments to the loading and unloading fees in 2022. It has not been confirmed. All official notifications shall prevail.