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