View From the Bridge Header

View from the Bridge – 7th May 2026

View From the Bridge Header

Date: 7th May 2026

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New Zealand

AIR

IMPORT

  • Major terminals (Air New Zealand, Swissport, Menzies) are operating normally nationwide.

EXPORT

  • Major terminals (Air New Zealand, Swissport, Menzies) are operating normally nationwide.

LANDSIDE & CUSTOMS

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Australia

LANDSIDE & CUSTOMS

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Asia

AIR

IMPORT

  • China was on holiday until the 5th of May so we are expecting a surge in bookings between the 6th and 13th. Rates are likely to increase as capacity is taken.
  • Capacity is starting to get stretched from the remainder of Asia for New Zealand imports, and rates are increasing.
  • Capacity is tightening across SYD, MEL, and BNE but expected to stabilise over the coming weeks. Expect minor delays.
  • Rates have stabilised for Australian imports, with spot pricing available for urgent or oversized shipments.

EXPORT

  • For New Zealand exports; Consols are moving as booked with capacity available on most carriers. Rates have increased and fuel surcharges have been added.
  • Australian export rates are showing slight upward pressure across key lanes into China and North Asia.
  • Early bookings are strongly recommended for Australian exports, particularly for dense or oversized cargo.

OCEAN

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Trans-Tasman

AIR

IMPORT

  • Blocked space consols having some uplift issues, additional space remains hard to get as airlines are downgrading aircraft from wide body to narrow body.
  • Fuel surcharges are now implemented for all carriers.
  • Major terminals (Qantas Freight, Dnata, Swissport, Menzies) are operating as normal.

EXPORT

  • Consols moving as booked, there is some disruption due to aircraft changes but overall most shipments moving well.
  • Export terminals across Australia are operating normally.

OCEAN

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Europe

AIR

IMPORT

  • Capacity via the US is now very difficult to get and there are still delays via Asia and the Middle East of up to 48 hours.
  • Fuel Surcharges are now mostly rolled in to the rate, airlines are only quoting on a shipment by shipment basis from most origins.
  • Capacity is tightening for Australian imports, with direct services experiencing delays of 24–48 hours.
  • Rates have started to stabilise for Australian imports, with spot options for urgent or oversized freight.
  • Backhaul demand into Australia remains steady.

EXPORT

  • New Zealand Exports – Emirates have committed to two freighters a week on a regular schedule and this is working well. Space is available on these flights witch quick transfers to Europe via the Emirates network that is generally running well.
  • Australian export capacity remains extremely limited via Asia and the Middle East, with some airlines accepting express shipments only.
  • Rates continue to rise for Australian exports, with booking lead times extending up to one to two weeks.

OCEAN

IMPORT

  • Most services are open for bookings, however some lines may introduce Emergency Fuel Surcharges due to rapidly rising oil prices.
  • BMSB season has now ended.
  • CMA CGM and Maersk are continuing to sail via Cape of Good Hope. There is potential for congestion to build up in Asia at the transshipment ports.
  • MSC has some Panama options available.
  • We have seen increased customs inspections from European ports particularly on cargo with any military connection.

EXPORT

  • Due to peak season space has tightened on all European services, please endeavour to place your bookings 4+ weeks in advance.
  • European ports are experiencing persistent congestion across major container terminals due to a combination of structural, operational, and external disruptions. European port congestion is heavily exacerbated by labour dynamics—shortages, wage negotiations, and strike actions—interacting with automation, winter weather, and infrastructural limitations. Workforce issues remain both a primary driver of operational delays and a focal point for technological and managerial strategies aimed at restoring efficiency in European shipping networks. High demand for port services is outpacing existing capacity (especially in Rotterdam, Hamburg, Antwerp).
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North America

AIR

IMPORT

  • Fuel surcharges expected to increase by the end of the first week of May.
  • New Zealand import consols are now generally moving as booked. There are some delays but nothing more than 48 hours. Larger shipments are taking longer to get bookings but are getting away.
  • Market conditions remain stable overall for Australian imports.
  • Rates are holding in line with early-2026 levels, with increases expected over the next few weeks.

EXPORT

  • Capacity remains full for New Zealand exports. Expect around a week to get a booking across all carriers, this is both the East and West Coast. United Airlines have increased their FSC for the month of May and this could increase in to June.
  • Uplift availability remains strong across most carriers for Australian exports.
  • Australian export rates are stable for now, with increases expected over the next few weeks.

OCEAN

  • Vancouver terminal utilization has increased to 88%, there are no berthing delays. The average import rail dwell time has increased 3.4 days.
  • US Terminal Operations:
New York – minimal berthing delays.
Norfolk – berthing delays of up to 6 hours, import dwell time has increased to 2.7 days.
Charleston – berthing delays of up to 6 hours, import dwell remains at 4.9 days.
Savannah – average wait time for a berth remains at 1 day, import dwell time has reduced to 3.8 days, rail dwell time has decreased slightly to 0.7 days.
Houston – no waiting time for a berth. Import dwell time has decreased to 3.8 days. Barbours Cut Container Terminal has 4 new STS cranes in commissioning status. The operational date is May 2026.
Oakland – no berthing delays. Average import delivery timeframe increased to 4.7 days.
Seattle – no berthing delays. Rail import dwell time remains at 3 days.
Long Beach – congestion on port is 4.8 days.

IMPORT

  • No real space or equipment issues from either coast.

EXPORT

  • West Coast North America – demand has increased for direct services to West Coast of the US & Canada. The Vancouver calling vessels are heavily booked to late June. There is a blank sailing in Week 21, effectively there is a 3-week gap between Vancouver departures. Effective the Seaspan Hamburg 617N, ETD Tauranga 14/5, vessels will call at Long Beach Fenix Marine Services terminal and no longer discharge at Long Beach.
  • US East Coast space is tightening; we do encourage that bookings are placed in 3+ weeks in advance of departure.
  • US Tariffs – refund process update:
    U.S. Customs and Border Protection (CBP) have developed CAPE, a platform within the Automated Commerical Environment (ACE) for Importers to claim duty refunds.
To claim refunds the Importer of Record (IOR) must first register on the Ace Portal, once registered you can reclaim duties through CAPE.
Further information is below.
Instead of issuing refunds entry by entry:
• CBP will remove International Emergency Economic Powers Act (IEEPA) duty lines
• Recalculate duties
• Issue one consolidated refund payment
Phase 1 includes:
• Certain unliquidated entries
• Certain entries within 80 days of liquidation
• Entries more than 80 days past liquidation are not eligible for CAPE and may require a protest (within 180
days of liquidation).
How the process works:
1. Importer submits a list of entry numbers only through CAPE
2. CBP validates each entry
3. Eligible entries move forward; ineligible ones are removed
4. CBP recalculates duties and determines the refund amount
5. Refunds are issued after CBP review
How refunds are paid:
• All refunds are issued electronically via CBP Automated Clearing House (ACH).
• To receive the refund, importers must be enrolled to receive electronic refunds through the ACE Portal.
• IMPORTANT NOTE: CBP will deduct any unpaid debts before issuing refunds, and multiple entries may be combined into one lump sum payment.
If your business is the Importer of Record with CBP and need to apply for duty refunds, please contact your Oceanbridge representative for guidance.
  • US Tariffs – Section 232 – Pharmaceuticals and certain associated pharmaceutical ingredients
    The U.S. Government has issued a new proclamation under Section 232 introducing tariffs on patented pharmaceuticals and certain associated pharmaceutical ingredients, citing national security concerns related to reliance on foreign production. These tariffs represent an expansion of Section 232 to the life sciences sector with immediate implications for sourcing, pricing, and compliance. This action takes effect on July 31, 2026.

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