Global port congestion remains elevated after the recent improvements observed in Southeast Asia ports, with increased delays at several neighboring ports that has seen an increase in volumes as a result of the diversions away from the congestion in Singapore and Port Klang. This includes ports like Laem Chabang, Cai Mep and Kaohsiung that have seen an increase in congestion in the past month. The higher volumes and vessel bunching has also kept waiting times at Chinese ports high especially at
Global port congestion dropped slightly last week, with capacity at anchorages ending the week at 1.97m teu or 6.5% of the global fleet. The situation at Southeast Asian ports is gradually improving with waiting times at Singapore and Port Klang dropping to less than 2 days although there remains sporadic delays at these ports. Singapore has paid a heavy price for the recent congestion with its latest container throughput volumes in June dropping by 5.2% compared to May as carriers omitted calls
Port congestion has started to pick up again after recent improvements, with delays at Shanghai worsening over the past week due to bunching of vessel arrivals with wait times of up to 4 days and up to 2 days in Ningbo. In Southeast Asia, overall congestion levels have been reduced but berthing delays remain at up to 3 days in Singapore and 5 days at Port Klang while Tanjung Pelepas has limited delays at the moment. Congestion at North American ports are also starting to build up after the 4 Ju
Port congestion eased slightly with 2.24m teu waiting at anchorages globally at the end of last week. Asian ports remain the primary hotspots, with Southeast Asia accounting for 23% of the capacity waiting for berthing slots globally, while North Asia and Middle East/Indian subcontinent account for a further 20% and 11% respectively. Berthing delays at Singapore remain at up to 4-5 days, although the vessel queues are shortening due to vessel omissions, while Port Klang and Tanjung Pelepas are
Global port congestion remains elevated with the situation at Southeast Asian hubs remaining chronic. Total vessel capacity waiting at anchorages globally reached 2.5m teu last week accounting for 8.4% of the global fleet. Southeast Asia hub ports continue to record the most serious congestion with the bottlenecks that first built up in Singapore in May spreading to Port Klang and Tanjung Pelepas. The situation at Port Klang has escalated in the last 2 weeks, with berthing delays of up to 6 day
New containership deliveries has reached 1.62m TEU this year but there remains a shortage of ships globally with freight and charter rates continuing to surge ahead as the market enters the traditional summer peak season. The vessel diversions from the Red Sea to the Cape route has effectively removed more than 1.6m TEU from the market since the beginning of December while the recent increase in port congestion has taken out a further 0.5m TEU of vessel capacity from circulation as the active f
Global port congestion continues to rise over the past week, with over 2.4m teu of vessel capacity waiting at anchorages as at 16 June, of which 60% are in Asia (including East Asia, Southeast Asia, Indian subcontinent and the Middle East). Heavy congestion remains at Singapore, although average waiting times are down slightly if only because more vessels are omitting calls at the port with several services extending the omissions until July. Overall congestion is at an 18 month high, with a fu
Container port congestion at key Asian ports continue to worsen, with berthing delays worsening at China and Southeast Asia hubs. Although the total capacity waiting at Singapore has eased slightly from 450,000 teu a week ago to 380,000 teu, the strain has shifted to Port Klang and Tanjung Pelepas. Waiting times have also risen across all main Chinese port regions with Shanghai and Qingdao experiencing the longest delays. Overall congestion globally has edged up further to 2.10m teu with furthe
Port congestion has returned to haunt the container markets, with Singapore becoming the latest chokepoint. Berthing delays at the world’s second largest container port of up to 7 days with the total capacity waiting to berth rising to 450,000 teu in recent days. The severe congestion has forced some carriers to omit their planned Singapore port calls, which will exacerbate the problem at downstream ports that will have to handle additional volumes. The delays have also resulted in vessel bunc
Port congestion at the main Southeast Asia and Middle East Gulf hub ports have reached new record highs in May, surpassing the previous highs during the 2021-2022 COVID pandemic. The worsening congestion is driven by the sudden surge in cargo demand as well as continued disruptions caused by the diversion of ships from the Red Sea with Singapore and Jebel Ali the most badly hit. Berthing delays of up to 5-6 days have been recorded at the 2 key ports, resulting in disruptions to vessel schedules