重点集装箱港口及关键枢纽监测 20260204 东证衍生品研究院航运分析师： 兰淅 从业资格号：F03086543 投资咨询号：Z0016590 数据点评 • 亚洲港口： 洋山港、外高桥远洋型集装箱船周均等泊时间/在泊时间分别为20.5小时/23.1小时、26.2小时/22.5小时，最新在锚/在泊集装 箱船数量达到22艘/32艘、40艘/31艘；宁波港远洋型集装箱船周均等泊时间/在泊时间为36.3小时/28.4小时，最新在锚/在泊集装箱船数 量为43艘/40艘。青岛远洋型集装箱船周均等泊时间/在泊时间为18.4小时/43.8小时；新加坡港远洋型集装箱船周均等泊时间/在泊时间为 1.4小时/28.2小时，最新在锚/在泊集装箱船数量为5艘/49艘，巴生港周均等泊时间/在泊时间为4.3小时/29.2小时，最新在锚/在泊集装 箱船数量为8艘/17艘。洋山平均周转时长约1.8天、宁波港约2.6天、盐田港约1.2天。出口旺季影响，国内港口持续承压，但总体处于可 控状态，随着春节临近，货量下行，港口压力有望逐步缓解。东南亚港口压力较前期显著缓解。新加坡港船舶平均在港时间为1.2天，巴生 港为1.4天。 • 欧洲港口： 鹿特 ...

Report Summary 1. Report Industry Investment Rating No investment rating information is provided in the report. 2. Core Viewpoints - Chinese ports are operating well, with recent improvements in export cargo volume and a slight increase in congestion at some ports [2]. - Port congestion in Southeast Asia has decreased compared to the previous period, but there is a risk of congestion recurring [2]. - The risk of strikes in European ports remains high, and congestion may worsen due to national strikes in Portugal and Italy, lower winter temperatures, and the arrival of peak - season cargo [2]. - North American ports are operating in good condition [2]. 3. Summary by Directory Data Review - **Asian Ports**: - Ocean - going container ships in Yangshan, Waigaoqiao, Ningbo, Qingdao, Singapore, and Port Klang have different average waiting times/berthing times and the latest number of container ships at anchor/berthed. For example, in Yangshan, the average waiting time/berthing time is 15.0 hours/27.8 hours, and the latest number of container ships at anchor/berthed is 10/29 [2]. - The average turnover time of Yangshan is about 1.9 days, Ningbo is about 2.1 days, and Yantian is about 1.1 days. The average time of ships in port in Singapore is 1.4 days, and in Port Klang is 1.6 days [2]. - The in - port duration of key ports shows different month - on - month and year - on - year changes. For example, the in - port duration of Yangshan is 44.5 hours, with a month - on - month increase of 11.2 hours and a year - on - year increase of 8.7 hours [6]. - **European Ports**: - Ocean - going container ships in Rotterdam, Antwerp, Hamburg, Bremen, and Valencia have different average waiting times/berthing times and the latest number of container ships at anchor/berthed. For example, in Rotterdam, the average waiting time/berthing time is 1.1 hours/43.2 hours, and the latest number of container ships at anchor/berthed is 4/33 [2]. - The average in - port duration of Antwerp is about 1.6 days, Rotterdam is 2.1 days, Hamburg is 3.1 days, and Bremen is 1.8 days [2]. - **North American Ports**: - Ocean - going container ships in Long Beach, Los Angeles, Tacoma, New York, Savannah, Norfolk, and Houston have different average waiting times/berthing times. North American ports are operating well [2]. Key Container Ports' In - Port Duration - The in - port duration of various ports shows different month - on - month and year - on - year changes. For example, the in - port duration of Yangshan is 44.5 hours, with a month - on - month increase of 11.2 hours and a year - on - year increase of 8.7 hours; the in - port duration of Rotterdam is 50.1 hours, with a month - on - month decrease of 13.8 hours and a year - on - year decrease of 15.6 hours [6]. Port Dynamic Tracking - **Asian Ports**: - The scale of container ships in port in China and Southeast Asia shows different trends over time, presented through data on the number of container ships at anchor/berthed in different ports [8][12][13]. - The average in - port time, average waiting time, and average berthing time of ocean - going container ships in Southeast Asian and Chinese container ports show different trends over time [17]. - **European Ports**: - The scale of container ships in port in Northwest Europe and the Mediterranean/Black Sea shows different trends over time, presented through data on the number of container ships at anchor/berthed in different ports [20][21]. - The average in - port time, average waiting time, and average berthing time of ocean - going container ships in Northwest European and Mediterranean container ports show different trends over time [24][28]. - **North American Ports**: - The number of container ships at anchor/berthed in North American ports shows different trends over time, and the average in - port time, average waiting time, and average berthing time of ocean - going container ships in US container ports show different trends over time [35][37]. Large - Ship Arrival and Key Hub Monitoring - The arrival situation of large - scale container ships in Yangshan, Ningbo, and Singapore ports shows different trends over time, divided by ship size (1.2 - 1.7w and 1.7w +) [42]. - The arrival situation of 1.2w + container ships of different alliances in Asia, Northwest Europe, and the Mediterranean shows different trends over time [42][45]. - The passage situation of container ships at the Cape of Good Hope, Suez Canal, and Panama Canal shows different trends over time, presented through data on the number of container ships arriving and passing through [47][48].

1. Report Industry Investment Rating - No information provided in the given content. 2. Core Viewpoints of the Report - China's port congestion situation continues to improve, with port turnover times at historical low levels. Southeast Asian ports have also seen a significant improvement in congestion, and the operational fluctuations have converged [2]. - The negative impact of previous strikes on European ports has basically been cleared, but there are still concerns. There is a risk of strikes in Belgium in late November, and the railway at Hamburg Port remains closed, posing a risk of increased congestion [2]. - North American ports are operating well [2]. 3. Summaries by Relevant Catalogs Data Review - **Asian Ports**: - In Yangshan Port, the weekly average waiting time/berthing time for ocean - going container ships is 0 hours/23.9 hours, with 2 ships at anchor/8 ships berthed. In Waigaoqiao, it's 0 hours/20.7 hours, with 12 ships at anchor/24 ships berthed. In Ningbo Port, it's 0 hours/23.1 hours, with 7 ships at anchor/21 ships berthed. In Qingdao, it's 0 hours/66.1 hours. In Singapore Port, it's 0 hours/29.5 hours, with 6 ships at anchor/48 ships berthed. In Port Klang, it's 0 hours/26.7 hours, with 7 ships at anchor/27 ships berthed [2]. - The average turnover times are about 1.0 days in Yangshan, Ningbo, and Yantian Ports. The average time in port is 1.2 days in Singapore Port and 1.1 days in Port Klang [2]. - **European Ports**: - In Rotterdam, Antwerp, Hamburg, and Bremen, the weekly average waiting time/berthing time for ocean - going container ships are 0 hours/43.4 hours, 0 hours/40.3 hours, 1.1 hours/44.0 hours, 0 hours/39.0 hours respectively. The numbers of ships at anchor/berthed are 6 ships/29 ships, 10 ships/15 ships, 0 ships/13 ships respectively. In Valencia, it's 0 hours/33.4 hours, with 7 ships at anchor/10 ships berthed [2]. - The average time in port is about 1.7 days in Antwerp, 1.8 days in Rotterdam, 1.8 days in Hamburg, and 1.6 days in Bremen [2]. - **North American Ports**: - In Long Beach, Los Angeles, and Tacoma, the weekly average waiting time/berthing time for ocean - going container ships are 0 hours/94.7 hours, 0 hours/97.1 hours, 0 hours/94.0 hours respectively. In Long Beach and Los Angeles, there are 0 ships at anchor and 19 ships berthed. In New York, Savannah, and Norfolk, it's 0 hours/36.6 hours, 0 hours/34.0 hours, 0 hours/22.7 hours respectively. In New York, there are 0 ships at anchor/8 ships berthed. In Houston Port, it's 0 hours/62.0 hours [2]. Asian Port Dynamic Tracking - The data shows the scale of container ships in port in China and Southeast Asia, including the number of ships at anchor and berthed in different ports over time. It also presents the average waiting time, berthing time, and total time in port for ocean - going container ships in Southeast Asian and Chinese container ports [9][10][17]. European Port Dynamic Tracking - The report shows the scale of container ships in port in Europe, including the number of ships at anchor and berthed in different ports in Northwest Europe and the Mediterranean/Black Sea regions over time. It also presents the average waiting time, berthing time, and total time in port for ocean - going container ships in Northwest European and Mediterranean container ports [20][21][28]. North American Port Dynamic Tracking - The data shows the scale of container ships in port in North America, including the number of ships at anchor and berthed in different ports in North America over time. It also presents the average waiting time, berthing time, and total time in port for ocean - going container ships in American container ports [38][39][40]. Large - Ship Arrival and Key Hub Monitoring - It monitors the arrival of large - scale container ships in Yangshan Port, Ningbo Port, and Singapore Port, divided by different ship sizes. It also tracks the arrival of 1.2w + container ships of different alliances in Asia, Northwest Europe, and the Mediterranean regions. Additionally, it monitors the passage of container ships through the Cape of Good Hope, Suez Canal, and Panama Canal [47][50][52].

Report Information - Report Title: Key Container Ports and Critical Hub Monitoring 202511 [1] - Researcher: Lan Xi from the Black and Shipping Department of Orient Securities Derivatives Research Institute [1] - Qualification Numbers: F03086543 (从业资格号), Z0016590 (投资咨询号) [1] Core Views - Chinese port congestion continues to improve, with the turnover time last week dropping to a recent low; Southeast Asian port operation fluctuations have converged, and congestion has improved significantly [2] - Antwerp and Rotterdam strikes have ended, and the backlog of goods is being processed. Although port congestion remains high, ship turnover efficiency has basically returned to normal, and the impact on the return journey of European line vessels has been greatly reduced [2] - North American ports are operating well [2] Data Review Asian Ports - Yangshan, Waigaoqiao, Ningbo, Qingdao, Singapore, and Port Klang have different average waiting and berthing times for ocean - going container ships, with the latest number of ships at anchor/berthed also varying. Yangshan, Ningbo, and Yantian have average turnover times of about 0.9 days, 1.1 days, and 1.0 days respectively. Singapore and Port Klang have average ship - in - port times of 1.3 days and 1.2 days respectively [2] - Comparing the latest data of key Asian ports with month - on - month and year - on - year data, most ports show a decrease in the average in - port time [6] European Ports - Rotterdam, Antwerp, Hamburg, Bremen, and Valencia have different average waiting and berthing times for ocean - going container ships, with the latest number of ships at anchor/berthed varying. Antwerp and Rotterdam have average ship - in - port times of about 1.5 days and 2.5 days respectively, Hamburg 1.7 days, and Bremen 1.2 days [2] - Comparing the latest data of key European ports with month - on - month and year - on - year data, there are different degrees of changes in the average in - port time [6] North American Ports - Long Beach, Los Angeles, Tacoma, New York, Savannah, Norfolk, and Houston have different average waiting and berthing times for ocean - going container ships. North American ports are operating well [2] - Comparing the latest data of key North American ports with month - on - month and year - on - year data, there are different degrees of changes in the average in - port time [6] Port Dynamic Tracking Asian Ports - There are data on the scale of container ships in ports, the number of container ships at anchor and berthed in some ports, and the average in - port, waiting, and berthing times of ocean - going container ships in Southeast Asian and Chinese ports [9][13][18] European Ports - There are data on the scale of container ships in European ports, the number of container ships at anchor and berthed in some ports, and the average in - port, waiting, and berthing times of ocean - going container ships in Northwest European and Mediterranean ports [21][22][25] North American Ports - There are data on the number of container ships at anchor and berthed in some North American ports, the scale of container ships in North American ports, and the average in - port, waiting, and berthing times of ocean - going container ships in US ports [33][36][39] Large - Ship Arrival and Key Hub Monitoring - There are data on the arrival of large - scale container ships at Yangshan, Ningbo, and Singapore ports, and the arrival of 1.2w+ container ships of different alliances in Asian, Northwest European, and Mediterranean ports [43][46][49] - There are data on the passage of container ships through the Cape of Good Hope, Suez Canal, and Panama Canal [50][51][52]

1. Report Industry Investment Rating - No information provided 2. Core View of the Report - The congestion situation at Chinese ports continues to improve, with the turnover time last week dropping to a recent low, while the port operations in Southeast Asia are volatile and congestion recurs; the strikes at the Port of Antwerp and Rotterdam have ended, but it still takes a long time to handle the backlogged goods, the port congestion scale has been alleviated, but the ship turnover efficiency remains low, and the return journey of ships on European routes is still affected; the operating conditions of North American ports are good [2] 3. Summary by Relevant Catalogs 3.1 Data Review - **Asian Ports**: The weekly average waiting time/berthing time of ocean - going container ships at Yangshan Port, Waigaoqiao Port, Ningbo Port, Qingdao Port, Singapore Port, and Port Klang are 4.8 hours/25.50 hours, 0 hours/21.3 hours, 9.6 hours/24.2 hours, 10.0 hours/27.9 hours, 1.0 hour/31.0 hours, and 8.7 hours/26.4 hours respectively. The latest number of container ships at anchor/berthing are 2/8, 12/24, 7/21, and so on. The average turnover time of Yangshan Port is about 0.9 days, Ningbo Port about 1.6 days, and Yantian Port about 1.0 days. The average time of ships in port at Singapore Port is 1.3 days, and at Port Klang is 1.5 days [2] - **European Ports**: The weekly average waiting time/berthing time of ocean - going container ships at Rotterdam, Antwerp, Hamburg, Bremen, and Valencia are 11.8 hours/60.9 hours, 13.7 hours/50.8 hours, 12.9 hours/55.9 hours, 0 hours/37.4 hours, and 12.3 hours/33.0 hours respectively. The latest number of container ships at anchor/berthing are 6/29, 10/15, etc. The average time of ships in port at Antwerp Port is about 2.7 days, Rotterdam 4.0 days, Hamburg 2.8 days, and Bremen 1.6 days [2] - **North American Ports**: The weekly average waiting time/berthing time of ocean - going container ships at Long Beach, Los Angeles, Tacoma, New York, Savannah, Norfolk, and Houston are 0 hours/101.7 hours, 0 hours/105.0 hours, 0 hours/84.7 hours, 0 hours/39.1 hours, 3.1 hours/31.2 hours, 7.3 hours/24.1 hours, and 22.0 hours/60.4 hours respectively. The operating conditions of North American ports are good [2] 3.2 Key Container Port Stay - time Summary - The latest stay - time, month - on - month, year - on - year, monthly average, and last - year - same - period data of multiple ports such as Yangshan, Ningbo, Singapore, etc. are provided. For example, the latest stay - time of Yangshan Port is 31.2 hours, with a month - on - month decrease of 4.2 hours and a year - on - year increase of 7.5 hours [6] 3.3 Asian Port Dynamic Tracking - Data on the in - port scale of container ships in China and Southeast Asia, the number of container ships at anchor and berthing in some ports in China and Southeast Asia, and the average time of ocean - going container ships in port, waiting time, and berthing time in Southeast Asian and Chinese container ports are presented [8][9][16] 3.4 European Port Dynamic Tracking - Data on the in - port scale of European container ships, the number of container ships at anchor and berthing in some ports in Northwest Europe and the Mediterranean, and the average time of ocean - going container ships in port, waiting time, and berthing time in Northwest European and Mediterranean container ports are provided [20][21][26] 3.5 North American Port Dynamic Tracking - Data on the in - port scale of North American container ships, the number of container ships at anchor and berthing in some North American ports, and the average time of ocean - going container ships in port, waiting time, and berthing time in US container ports are given [32][33][38] 3.6 Large - ship Arrival Situation and Key Hub Monitoring - The arrival situation of large - scale container ships at Yangshan Port, Ningbo Port, and Singapore Port is monitored. The arrival situation of 12,000 + TEU container ships of different alliances (such as Gemini, OA, PA + MSC) in Asia, Northwest Europe, and the Mediterranean is also tracked. In addition, the passage situation of container ships at the Cape of Good Hope, Suez Canal, and Panama Canal is presented [42][45][47]

1. Report Industry Investment Rating - There is no information provided regarding the report industry investment rating in the given content. 2. Core Viewpoints of the Report - The congestion situation at Chinese ports has significantly improved compared to the previous period, but recent gale - weather in the East China region may briefly affect ship berthing operations again. It is necessary to continuously monitor the changes in the congestion rhythm. - Port operations in Southeast Asia are highly volatile, and congestion may recur. - Although the strikes at the ports of Antwerp and Rotterdam have ended, it will still take a long time to process the backlogged goods, and port congestion may persist, potentially affecting the return journey of ships on European routes on a large scale. - The operating conditions of North American ports are good. [2] 3. Summary by Relevant Catalogs 3.1 Data Review 3.1.1 Asian Ports - **Waiting and Berthing Times**: The weekly average waiting/berthing times of ocean - going container ships at Yangshan Port are 7.2 hours/26.0 hours, at Waigaoqiao are 12.4 hours/17.5 hours, at Ningbo Port are 11.8 hours/21.0 hours, at Qingdao are 19.3 hours/28.0 hours, at Singapore Port are 2.8 hours/26.4 hours, and at Port Klang are 23.7 hours/30.2 hours. - **Number of Ships at Anchor and Berthing**: The latest number of container ships at anchor/berthing at Yangshan Port is 2/8, at Waigaoqiao is 12/24, at Ningbo Port is 7/21, at Singapore Port is 6/48, and at Port Klang is 7/27. - **Average Turnover Time**: The average turnover time at Yangshan Port is about 1.4 days, at Ningbo Port is about 1.5 days, and at Yantian Port is about 1.4 days. - **Average Time in Port**: The average time in port at Singapore Port is 1.8 days, and at Port Klang is 1.4 days. [2] 3.1.2 European Ports - **Waiting and Berthing Times**: The weekly average waiting/berthing times of ocean - going container ships at Rotterdam are 25.7 hours/62.2 hours, at Antwerp are 13.2 hours/45.9 hours, at Hamburg are 9.1 hours/38.6 hours, at Bremen are 0 hours/32.4 hours, and at Valencia are 24.2 hours/34.9 hours. - **Number of Ships at Anchor and Berthing**: The latest number of container ships at anchor/berthing at Rotterdam is 6/29, at Antwerp is 10/15, at Hamburg is 0/13, and at Valencia is 7/10. - **Average Time in Port**: The average time in port at Antwerp is about 3.0 days, at Rotterdam is 3.9 days, at Hamburg is 1.9 days, and at Bremen is 1.7 days. [2] 3.1.3 North American Ports - **Waiting and Berthing Times**: The weekly average waiting/berthing times of ocean - going container ships at Long Beach are 0 hours/95.7 hours, at Los Angeles are 2.5 hours/94.0 hours, at Tacoma are 0 hours/64.6 hours, at New York are 3.1 hours/51.6 hours, at Savannah are 16.7 hours/34.7 hours, at Norfolk are 17.7 hours/23.2 hours, and at Houston are 3.2 hours/50.3 hours. - **Number of Ships at Anchor and Berthing**: The number of container ships at anchor at Long Beach and Los Angeles is 0, and the number of berthing container ships is 19; the number of container ships at anchor/berthing at New York is 0/8. [2] 3.2 Asian Port Dynamic Tracking - The report presents multiple data charts, including the scale of container ships in port in China and Southeast Asia, the number of container ships at anchor and berthing in some Southeast Asian and Chinese ports, and the average waiting, berthing, and in - port times of ocean - going container ships in Southeast Asian and Chinese container ports from 2024 - 01 to 2025 - 10. [9][11][16] 3.3 European Port Dynamic Tracking - The report shows data charts such as the scale of container ships in port in Europe, the number of container ships at anchor and berthing in some Northwest European and Mediterranean ports, and the average waiting, berthing, and in - port times of ocean - going container ships in Northwest European and Mediterranean container ports from 2024 - 01 to 2025 - 10. [19][22][27] 3.4 North American Port Dynamic Tracking - The report provides data charts including the number of container ships at anchor and berthing in some North American ports, the scale of container ships in port in North America, and the average waiting, berthing, and in - port times of ocean - going container ships in North American container ports from 2024 - 01 to 2025 - 10. [37][40][41] 3.5 Large - Ship Arrival Situation and Key Hub Monitoring - **Large - Container Ship Arrival at Major Ports**: The report shows the arrival situation of large - container ships at Yangshan Port, Ningbo Port, and Singapore Port, including ships with a capacity of 12,000 - 17,000 TEU and over 17,000 TEU from 2024 - 01 to 2025 - 10. - **Arrival of 12,000 + TEU Container Ships by Alliances**: It presents the arrival situation of 12,000 + TEU container ships of different alliances (Gemini, OA, PA + MSC) in Asia, Northwest Europe, and the Mediterranean from 2024 - 01 to 2025 - 10. - **Container Ship Passage at Key Canals and Capes**: The report shows the passage situation of container ships at the Cape of Good Hope, Suez Canal, and Panama Canal, including the number of arriving container ships and the container passage volume from 2023 - 01 to 2025 - 10. [46][49][51]

Core Insights - The World Bank and S&P Global jointly released the "Container Port Performance Index (CPPI) 2020-2024," highlighting Fuzhou Port's rise to the second position among 403 global ports in 2024, marking it as a leader in efficiency [1]. Group 1: Performance Metrics - The CPPI evaluates various factors including vessel turnaround time, loading and unloading efficiency, infrastructure, and digitalization levels [3]. - Fuzhou Port excelled in specific metrics such as vessel stay time, crane intensity, operational frequency, and docking scale, achieving a vessel stay time utilization rate of 83%, placing it in the regional top tier [3]. Group 2: Technological Advancements - The port's efficiency has significantly improved due to the implementation of the Smart Port Cloud Platform, automated terminal systems, and remote operation technologies, with crane usage intensity and operational frequency surpassing regional averages [3]. Group 3: Strategic Development - The hub's capability continues to rise, with the Jiangyin Port Area becoming the largest contiguous container port in the province, attracting larger vessels and achieving "two-way direct" sea-rail intermodal transport [5]. - Fuzhou Port's average CPPI for 2024 is projected to be 31.0, with specific metrics reaching as high as 94.8, and the administrative service index setting a new regional benchmark, showcasing a dual advantage of "hard power + soft power" in port development [5].

Core Insights - The Suez Canal Economic Zone Authority announced that East Port Said has ranked third globally in the 2024 Container Port Performance Index released by the World Bank and S&P Global Market Intelligence [1] - East Port Said is the top port in the region, highlighting Egypt's commitment to becoming a regional trade and logistics hub [1] Performance Metrics - The Container Port Performance Index evaluates port efficiency based on indicators such as vessel turnaround time, cargo handling operations, infrastructure quality, and digital integration [1] - The World Bank noted that East Port Said is one of the fastest-growing ports from 2020 to 2024 [1] Comparative Rankings - Twelve Chinese ports made it to the top 20, with Yangshan Port and Fuzhou Port ranking first and second respectively [1] - Other high-performing ports are located in Morocco, Vietnam, Qatar, Malaysia, Oman, Japan, and Spain [1]

Report Title - Focus on Container Port and Key Hub Monitoring 20250916 [1] Report Analyst - Lan Xi from the Black and Shipping Department of Orient Securities Derivatives Research Institute, with a qualification number of F03086543 and an investment consulting number of Z0016590 [1] Core Viewpoints - Asian ports: Chinese ports have rebounded recently and remain at a high level; Southeast Asian ports have large operational fluctuations and recurring congestion. European ports: With the end of summer in the Northern Hemisphere, congestion may improve, but German ports face continued pressure due to railway construction. North American ports: Operating conditions are good [2] Data Summary Asian Ports - **Waiting and Berthing Times**: Yantian has an average turnover of about 1.6 days; Yangshan about 1.9 days; Ningbo about 2.1 days. Singapore has an average in - port time of 1.4 days; Port Klang 2.2 days [2] - **In - Port Duration**: Yangshan is 45.9 hours (month - on - month +2.3 hours, year - on - year +19.3 hours); Ningbo is 50.7 hours (month - on - month +3.2 hours, year - on - year +19.9 hours); Singapore is 33.8 hours (month - on - month - 0.5 hours, year - on - year +5.3 hours); Port Klang is 33.5 hours (month - on - month - 8.0 hours, year - on - year +12.1 hours) [6] European Ports - **Waiting and Berthing Times**: Rotterdam, Antwerp, Hamburg, and Bremen have different waiting and berthing times. With the end of summer, congestion may improve, but German ports face continued pressure [2] - **In - Port Duration**: Rotterdam is 52.7 hours (month - on - month - 6.1 hours, year - on - year +1.4 hours); Hamburg is 71.0 hours (month - on - month - 6.8 hours, year - on - year - 30.4 hours) [6] North American Ports - **Waiting and Berthing Times**: Long Beach, Los Angeles, and Tacoma have long berthing times, but North American ports operate well [2] - **In - Port Duration**: Long Beach is 104.3 hours (month - on - month - 12.8 hours, year - on - year - 9.4 hours); Los Angeles is 106.0 hours (month - on - month - 6.8 hours, year - on - year - 20.3 hours) [6] Large Ship Arrival and Key Hub Monitoring - **Large Container Ship Arrivals**: Different ports have different arrival numbers of large container ships of different sizes, and different alliances also have different arrival numbers of 1.2w+ container ships in different regions [42][45][47] - **Canal and Cape Passage Conditions**: The passage numbers and volumes of container ships through the Cape of Good Hope, Suez Canal, and Panama Canal are presented [47]

Report Information - Report Title: Key Container Ports and Critical Hubs Monitoring 20250911 [1] - Research Institute: Orient Securities Derivatives Research Institute - Department: Black and Shipping Department - Analyst: Lan Xi - Qualification Number: F03086543 - Investment Consulting Number: Z0016590 Core Viewpoints - Asian ports: Chinese ports show a slight rebound, and the persistence of congestion deterioration needs attention; the ship turnover efficiency of Port Klang has slightly improved, but the congestion scale is still rising, and the risk of congestion deterioration remains high; Singapore Port has good ship operation conditions [2]. - European ports: With the end of summer in the Northern Hemisphere, the congestion in European ports may be improved, but the congestion pressure in German ports continues due to railway construction [2]. - North American ports: The operation status of North American ports is good [2]. Summary by Region Asian Ports - **Ship waiting and berthing time**: The weekly average waiting time/berthing time of ocean - going container ships in Yangshan Port, Waigaoqiao, Ningbo Port, Qingdao Port, Singapore Port, and Port Klang are 24.8h/26.0h, 36.6h/25.8h, 20.7h/26.7h, 26.0h/26.8h, 4.1h/29.2h, and 7.0h/27.1h respectively [2]. - **Number of ships at anchor and berthing**: The latest number of container ships at anchor/berthing in Yangshan Port, Waigaoqiao, Ningbo Port, Singapore Port, and Port Klang are 24/29, 33/25, 24/35, 2/47, and 2/13 respectively [2]. - **Average turnover time**: The average turnover time of Yangshan Port is about 2.1 days, Ningbo Port is about 1.9 days, and Yantian Port is about 1.3 days [2]. - **Average time in port**: The average time in port of Yangshan Port is 50.4 hours, Ningbo Port is 45.6 hours, Singapore Port is 33.2 hours, Port Klang is 39.8 hours, etc. [6] European Ports - **Ship waiting and berthing time**: The weekly average waiting time/berthing time of ocean - going container ships in Rotterdam, Antwerp, Hamburg, Bremen, and Valencia are 4.3h/45.6h, 2.2h/39.2h, 30.3h/54.1h, 8.1h/28.7h, and 12.7h/32.2h respectively [2]. - **Number of ships at anchor and berthing**: The latest number of container ships at anchor/berthing in Rotterdam, Antwerp, Hamburg, and Valencia are 6/30, 2/14, 6/16, and 4/10 respectively [2]. - **Average time in port**: The average time in port of Rotterdam is 49.9 hours, Hamburg is 82.9 hours, Valencia is 56.0 hours, etc. [6] North American Ports - **Ship waiting and berthing time**: The weekly average waiting time/berthing time of ocean - going container ships in Long Beach, Los Angeles, Tacoma, New York, Savannah, Norfolk, and Houston are 0h/104.3h, 0h/106.0h, 0h/101.5h, 8.3h/52.5h, 35.6h/34.0h, 29.0h/23.2h, and 9.2h/45.0h respectively [2]. - **Number of ships at anchor and berthing**: The number of container ships at anchor/berthing in Long Beach and Los Angeles is 1/18, and in New York is 1/9 [2]. - **Average time in port**: The average time in port of Long Beach is 116.3 hours, Los Angeles is 106.0 hours, New York is 56.4 hours, etc. [6] Other Information - **Large - ship arrival situation**: The report monitors the arrival situation of large - scale container ships in ports such as Yangshan Port, Ningbo Port, and Singapore Port, as well as the arrival situation of 1.2w+ container ships of different alliances in Asian, Northwest European, and Mediterranean ports [40][43][45]. - **Canal passage situation**: The report also monitors the passage situation of container ships in the Cape of Good Hope, Suez Canal, and Panama Canal [45].