Global port congestion eased further over the past week, with delays at Chinese
ports improving. The intermittent port closures at Ningbo, Shanghai and Qingdao
due to weather related reasons have reduced.
The delayed arrivals of vessels that were diverted to the Cape route since mid
December has also resulted in a lower number of ships at Chinese ports, ,
resulting in reduced vessel bunching and shorter delays. This has also filtered
down to the downstream ports in Asia such as Singapore and Bu