Global port congestion continues to ease, although the number of ships waiting
at anchor at Chinese ports would have fallen more if not for some 9 ships of
over 10,000 teu that are currently idle at various North Asia locations. These
ships are not waiting to berth and have been temporarily idled as carriers are
forced to remove excess capacity due to the softening market demand.
However, most of these ships are scheduled to return to service within the next
2 weeks with carriers still reluctan