Port congestion persisted over the New Year holidays especially across certain key ports in Europe and North American ports where long berthing delays remain unresolved. Congestion at European ports remain at a 2 year high with very serious delays at Antwerp, Hamburg, Le Havre, Rotterdam and Southampton in North Europe and at Ambarli, Genoa, Piraeus and Valencia in the Mediterranean. Severe weather conditions coupled with labour shortages have badly disrupted operations at these ports, with only
Global port congestion worsened over the Christmas holidays with high traffic volumes, poor weather conditions, port labour issues and capacity constraints causing a surge in berthing delays at ports in Europe, North America and certain parts of Asia. The total capacity waiting at anchorages worldwide rose to a 2 year high of 10.8% on 26 December before easing to 8.6% at the end of last week. European ports continue to witness high congestion levels with Antwerp, Hamburg, Rotterdam, London Gate
Global congestion remain elevated at 2.65m TEU currently waiting at anchorages around the world, accounting for 8.5% of the total fleet. European port congestion has continued to deteriorate of the past week, with very high berth and yard utilization keeping the vessel backlog very high across several main ports with the situation especially acute at Antwerp, Hamburg, Le Havre, Rotterdam, London Gateway, Southampton and Valencia. Overall congestion at European ports are at their highest levels s
Port congestion eased slightly last week with improvements coming mainly from Chinese ports while there was little change in the situation in Europe and North America. In China, the congestion is mainly concentrated in Shanghai and Ningbo which continues to see elevated vessel calls and container volumes with waiting times of up to 2 days. European port congestion also remains high with Hamburg, Rotterdam, Antwerp and London Gateway experiencing very high yard occupancy rates that has caused ber
Port congestion rebounded sharply over the past week with both Chinese and North European ports experiencing severe delays. The Yangtze River delta ports of Shanghai and Ningbo are experiencing a significant surge in the number of ships waiting at anchorages, with the situation in Shanghai being particularly bad due to high vessel traffic and weather related delays. North European main port congestion has also worsened with very high yard occupancy reported in Rotterdam, Antwerp, Hamburg and So
Port congestion rebounded last week after a brief improvement at Chinese ports as the number of ships waiting at anchorages have picked up sharply especially in Shanghai and Ningbo where vessel waiting times have risen to up to 4 days. High cargo traffic and vessel bunching on arrival has caused congestion to build up, with activity boosted by cargo front loading ahead of December rate hikes and potential US East Coast labour strife. The expectation for more cargo to be shipped ahead of the impl
Port congestion is clearing across the board as the global fleet currently tied up at anchorages has dropped below 2.1m TEU from the October peak of 3.0m teu. Ports in North Asia have seen the biggest improvements as they continue to clear out the waiting queue of ships after the recent spate of typhoons that hit the region in the last 2 months. Although delays of up 2 days are reported at several main hubs including Shanghai, Ningbo, Qingdao and Busan, the situation continues to improve with no
From Weekly Market Pulse published on 22 Oct: Global port congestion rebounded after the sharp retreat a week ago, with rising volumes after the Golden Week holidays in China pushing up the workload at Chinese terminals. Most of the backlog has been cleared at Chinese main ports with delays at Qingdao, Ningbo and Shenzhen down to within 1 day but Shanghai still faces berthing delays of up to 2 days although that is also down from a peak of up to 5-6 days in September. US East Coast ports still
Global container port congestion has eased noticeably in the past week, with Chinese ports gradually clearing the backlog of vessels that has built up around its main ports at the end of September. Shanghai remains highly congested with berthing delays of up to 4 days but the other key ports including Ningbo, Shenzhen and Qingdao have managed to bring down the average vessel waiting times to less than 1 day. In the US East Coast, Hurricane Milton made landfall on 10 October but most of the main
The International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) announced on 3 October a tentative agreement on wages and extended the Master Contract until 15 January 2025 to negotiate all other outstanding issues, ending the dockworkers’ strike that started at midnight on 1 October. Vessel congestion at US East Coast ports spiked to a high of 460,000 teu on 4 October but is clearing up quickly after all of the affected ports resumed vessel operations by the en