Port congestion is clearing across the board as the global fleet currently tied up at anchorages has dropped below 2.1m TEU from the October peak of 3.0m teu. Ports in North Asia have seen the biggest improvements as they continue to clear out the waiting queue of ships after the recent spate of typhoons that hit the region in the last 2 months. Although delays of up 2 days are reported at several main hubs including Shanghai, Ningbo, Qingdao and Busan, the situation continues to improve with no