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January 2 2023

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24 Journal of Commerce | J anuar y 2, 2023 2022 TIMELINE Maritime ANNUAL REVIEW & OUTLOOK 2023 January 9: Los Angeles– Long Beach container vessel backlog reaches a record 109 ships January: Global vessel on- time performance slumps to record low March 3: Russian boxes get stuck at Europe's choked freight hubs March 11: Maersk sells stake in major Russian terminal operator March 16: MSC launches first direct US calls from Baltic states March 21: Oakland and Seattle ports open temporary container yards for ag shippers April 8: CMA CGM takes over formerly Russian- held Gefco April 25: Economic concerns mount amid seasonal Asia–North Europe rate drop May 10: Container shippers pool cargo to charter breakbulk ships May 12: West Coast contract negotiations between the International Longshore and Warehouse Union (ILWU) and employers begin Vytautas Kielaitis / January: Chinese ports and inland transport restricted amid COVID-19 lockdowns June 3: Houston opens marine terminals on Saturdays in response to congestion February 11: "Trickle- down" expectations pressure MPV operators

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