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MPB establishes “International Maritime Transport Stability Section” on official website, providing real-time information on additional ships, voyages, and cargo space
MPB establishes “International Maritime Transport Stability Section” on official website, providing real-time information on additional ships, voyages, and cargo space"> MPB establishes “International Maritime Transport Stability Section” on official website, providing real-time information on additional ships, voyages, and cargo space
To address the issues of container shortage and increase in freight rates due to the epidemic, the Maritime and Port Bureau (MPB) has invited relevant units to formulate an International Maritime Transport Stability Working Group, and also established an “International Maritime Transport Stability Section" on its official website yesterday (1/15) evening (https://www.motcmpb.gov.tw/Home/Node?siteId=1&nodeId=10123), providing information on additional vessels, voyages and cargo space as well as number of empty containers, freight rate trends and means of inquiry, etc. for reference by members of the import/export industry. By making this information accessible, the MPB hopes to reduce the imbalance of supply and demand in the global shipping market and mitigate the impact of cargo space and container shortage. Going forward, the MPB will continue to expand the scope of information made available in accordance with the guidance of the Ministry of Transportations and Communications and the meeting resolutions of the working group, thereby ensuring all types of goods manufactured in Taiwan are successfully exported and maintaining the momentum of Taiwan’s economic growth. The MPB furthermore stated that the “International Maritime Transport Stability Section” was established on the Bureau’s official website as instructed by Director-General Yeh Hsieh-Lung at the 1st meeting of the International Maritime Transport Stability Working Group. To achieve the goal of supporting domestic manufacturers using Taiwan’s shipping capacity, the MPB collects and publishes information on the maritime market, enabling importers and exporters to arrange the import and export of goods with better ease and convenience. Following a series of urgent meetings with domestic carriers and major import and export goods companies convened by the MPB as well as requests made to domestic carriers to review their fleet capacity, line capacity, new ship orders and delivery dates, additional voyages and cargo space have been preliminarily arranged for the months of January and February of 2021, effectively easing capacity shortage for the Asia-US west coast, Asia-US east coast and Intra-Asia shipping lines. In addition to the above, other important information such as the accelerated launch of new ships into the market has also been made available in the International Maritime Transport Stability Section along with the shipping schedules of domestic and foreign operators so that importers and exporters can fully utilize the increase in shipping capacity to expedite the import and export of goods. The MPB further stated that, to assist a portion of operators in overcoming the difficulty of obtaining empty containers, the MPB has also coordinated with the Container Terminal Transport Association R.O.C. to assist in surveys of empty container storage conditions at major domestic terminals, as well as consolidating relevant information and publishing such information in the International Maritime Transport Stability Section of the MPB official site. Furthermore, to prevent unscrupulous businesses from driving up the freight rate and disrupting the pricing mechanism of the international shipping market, the MPB has announced legally verified freight rates, regularly tracks the Freightos Baltic Index (FBX) published by internationally renowned freight marketplace Freightos, and announces freight rate trends for 40-foot containers on major international lines via the International Maritime Transport Stability Section to help importers and exporters monitor changes in freight rates in the domestic and international shipping markets, and adjust orders to reflect freight rates in a timely manner. As supply and demand in the global shipping market is still fluctuating, the MPB will continue to closely monitor relevant information and coordinate communications between relevant agencies (institutions), domestic carriers and importers/exporters under the guidance of the Ministry of Transportation and Communications via meetings convened by the International Maritime Transport Stability Working Group. All relevant information will be published in the “International Maritime Transport Stability Section” on the MPB official website, thus supporting related industries in overcoming the crisis of global shortages in containers and cargo space, ensuring Taiwan’s import/export activities carry on as normal, and maintaining Taiwan’s competitiveness in international trade. Contact person: Maritime Affairs Division Wang Yan-Zhu, Section Chief Contact number: 02-8978-6295
MPB forms "International Maritime Transport Stability Working Group" Ensuring Taiwan’s seamless import and export trading operations
MPB forms "International Maritime Transport Stability Working Group" Ensuring Taiwan’s seamless import and export trading operations"> MPB forms "International Maritime Transport Stability Working Group" Ensuring Taiwan’s seamless import and export trading operations
Due to the impacts of the COVID-19 epidemic on global route and vessel scheduling as well as port loading and transportation operation efficiency in 2020, demand for maritime shipping has spiked across the world, resulting in severe cargo space and container shortages. To maintain Taiwan’s competitiveness in international trade and ensure that all types of locally manufactured goods are successfully exported, the Maritime and Port Bureau (MPB) invited the Bureau of Foreign Trade of the Ministry of Economic Affairs(MOEA), Industrial Development Bureau of the MOEA, Department of International Affairs of the Council of Agriculture and Taiwan International Ports Corporation etc. to jointly form the “International Maritime Transport Stability Working Group” today (December 31) and seek advice from related industry associations. It was resolved in the meeting that Taiwanese shipping operators should at this stage prioritize the increase of cargo space and container amounts for routes with high shipping demand to expedite export, and that a dedicated “International Maritime Transport Stability” section offering information on trends of international shipping fee, shipping dates of major operators and Taiwan’s commercial port import and export volume should be established on the MPB’s official website to help business operators maintain a full grasp of maritime shipping market supply, thus ensuring seamless import and export trading operations and sustaining Taiwan’s strong international competitiveness. Director-General Yeh Hsieh-lung, as chair of the meeting, emphasized that since the international shipping market is a free and open system of economic exchange, shipping fares will be determined based on actual market demand. Apart from requesting operators to charge according to such demand on a reasonable basis, he stressed that the MPB will be actively surveying the maritime shipping market; in the event of unreasonably jacked-up fares, offenders will be heavily penalized in accordance with the law. In addition, to ensure all types of goods are successfully exported, the MPB has asked the Industrial Development Bureau of the MOEA and Department of International Affairs of the Council of Agriculture to, in conjunction with the industry associations under their jurisdiction, form an overview of export demand and compile a list of routes and waypoints currently needed. The MPB has also requested Taiwanese shipping operators to increase the number of vessels assigned to perform transport and accelerate the return of empty containers so that domestic exporters and shippers have priority access to shipping. Alternative solutions for cargo transport have also been formulated, including utilizing the more readily available 20-foot containers for transport in place of 40-footers or using bulk carriers, to ensure that maritime shipping capacity is fully utilized and locally manufactured goods are successfully exported. The MPB stated that Legislators Ho Hsin-Chun and Lu Ming-Che, who have been keeping close tabs on developments in the maritime shipping market, also sent representatives to participate in the meeting. Apart from urging the government administration to fully exert its powers in ensuring smooth export for local industries, the legislators also suggested that collaborations between the public and private sectors as well as cross-agency cooperation must be established to provide exporters with richer and clearer market information. By continuing to increase the transport capacity of international routes in high demand, industries affected by the pandemic will be able to respond to and overcome the issue of global cargo space and container shortage. Going forward, the MPB will in principle hold meetings on a bi-weekly basis to follow-up on the implementation of related tasks. Measures and approaches will also be adjusted as needed to offer timely and effective assistance to manufacturers adapting to changes in the international maritime shipping market, thus ensuring Taiwan maintains a strong momentum for economic and trade growth. Contact person: Maritime Affairs Division, Section Chief, Wang Yan-Zhu Contact number: 02-8978-6295

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North Taiwan Maritime affairs center
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