The reduction in cargo volumes in North Asia after the Chinese New Year holidays has helped to ease the congestion at Chinese and Korean ports with the total vessel capacity waiting at anchorages in North Asia falling by over 50% from its recent peak in January. With 30% to 60% of the regular capacity departing from Chinese ports blanked in the last 2 weeks, vessel activity has slowed down considerably, allowing ports to recover from the recent high volumes.
Early flash reports suggest January