Congestion has built up around the Chinese ports of Shanghai, Ningbo and Qingdao over the past week, pushing up the number of containerships waiting at Chinese anchorages to 850,000 teu – the highest levels seen since September. The situation could worsen with rising Covid infection rates across Chinese cities after the government eased restrictions, affecting the availability of labor and port handling productivity. Congestion is expected to remain elevated over the coming weeks as Chinese wor