$ portsearch -V
portsearch 1.3.0

$ sudo portsearch -u
make: chdir /usr/ports/arabic/ae_fonts_mono: No such file or directory
portsearch: make: exited with error 1

$ cat ~/.cvsup/ports-supfile 
*default host=cvsup4.FreeBSD.org
*default base=/var/db
*default prefix=/usr
*default release=cvs tag=.
*default delete use-rel-suffix
*default compress
ports-all

$ cd ~/.cvsup ; sudo cvsup -L 2 ports-supfile
[... ran as expected ...]

$ cd /usr/ports ; sudo make index
Generating INDEX-6 - please wait..p5-Unicode-MapUTF8-1.11: "/usr/ports/japanese/p5-Jcode" non-existent -- dependency list incomplete
===> converters/p5-Unicode-MapUTF8 failed
*** Error code 1
1 error

********************************************************************
Before reporting this error, verify that you are running a supported
version of FreeBSD (see http://www.FreeBSD.org/ports/) and that you
have a complete and up-to-date ports collection.  (INDEX builds are
not supported with partial or out-of-date ports collections -- in
particular, if you are using cvsup, you must cvsup the "ports-all"
collection, and have no "refuse" files.)  If that is the case, then
report the failure to ports@FreeBSD.org together with relevant
details of your ports configuration (including FreeBSD version,
your architecture, your environment, and your /etc/make.conf
settings, especially compiler flags and WITH/WITHOUT settings).

Note: the latest pre-generated version of INDEX may be fetched
automatically with "make fetchindex".
********************************************************************

*** Error code 1

Stop in /usr/ports.
*** Error code 1

Stop in /usr/ports.

$ make fetchindex
[... as expected ...]

$ sudo portsearch -u
make: chdir /usr/ports/arabic/ae_fonts_mono: No such file or directory
portsearch: make: exited with error 1