Port Congestion

Markets

Cape diversion and port congestion keep effective fleet growth in check

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

Port Congestion

Port Congestion at 18-Month High

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

Port Congestion

Congestion at Asian ports remain at elevated levels

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

Singapore port congestion reach critical levels

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

Port Congestion Up In Middle East and Southeast Asia

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

Port Congestion

Congestions Up Last Week Driven By ME/ISC and SEA Ports

Congestion is building up at Middle East Gulf and Southeast Asian ports, with Jebel Ali, Singapore and Port Klang all recording increased vessel waiting times in the last 2 weeks. The ISC/Middle East and Southeast Asia regions account for 15% and 16% respectively of total global congestion at the moment with pressure building up on increased cargo volumes this year. Global port congestion continue to affect 5% to 6% of the global fleet, with Chinese port congestion easing slightly last week due

Port Congestion

Congestion Up Last Week

Fresh bottlenecks are developing with the recent pick up in container demand resulting in increased congestion across all regions. The Middle East Gulf is starting to see increased congestion around Dubai, with ships waiting for up to 5 days in part due to the recent adverse weather in the UAE. Congestion has eased slightly in Dammam but traffic remains busy due to cargo diversions from Jeddah where vessel traffic continues to be negatively affected by the Red Sea crisis. The 2 main SE Asia h

Port Congestion

Port Congestion Up Last Week

Port congestion returned at Chinese ports in the past week with berthing delays across all major regions across the Bohai, Yangtze and Pearl River delta ports. Vessel bunching and poor weather conditions has resulted in longer waiting times at Qingdao, Ningbo and Shanghai with delays of up to 2 days. Southeast Asia ports has also seen increased congestion with Singapore, Tanjung Pelepas and Port Klang experiencing delays of 1-2 days. US ports remain largely unaffected by the suspension of oper

Port Congestion

Port Congestion Down Last Week

Global port congestion has dropped to 1.4m teu with the situation across Asia’s main port normalising after the previous week’s spike. The port of Baltimore remains shut while vessel traffic with US Army Corp of Engineers expected to reopen passage for smaller ships by the end of April with access to larger ships still yet to be determined. US East Coast ports are mostly free of congestion, with only minor delays observed in Savannah and Houston. There were no significant congestion at Norfolk

Port Congestion

Port Congestion Worsened

Global port congestion worsened over the past week with a sharp increase in berthing delays at ports in North Asia and Southeast Asia. Waiting times have increased across all key main port in the Far East including Busan, Ningbo, Shanghai, Singapore and Port Klang where waiting times of up to 3 days have been recorded. There has been no increase in port congestion in the US, with East Coast ports largely unaffected by the shutdown at the port of Baltimore. Cargo has been diverted mostly to Norf

© 2024 Linerlytica (ver. 1.0.19). All rights reserved.
Liner Analytics Pte. Ltd.