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Port congestion remains flat globally, with the start of the 8-day strike at
Felixstowe having only a limited impact. Just 2 containerships are currently in
the UK port, with 3 more ships scheduled to arrive after the end of the strike
window. Asia Europe freight rates are still falling sharply providing further
warning signs that softening demand is outweighing the impact of bottlenecks
across supply chain.
Contrac