Global container port congestion has eased noticeably in the past week, with
Chinese ports gradually clearing the backlog of vessels that has built up around
its main ports at the end of September. Shanghai remains highly congested with
berthing delays of up to 4 days but the other key ports including Ningbo,
Shenzhen and Qingdao have managed to bring down the average vessel waiting times
to less than 1 day.
In the US East Coast, Hurricane Milton made landfall on 10 October but most of
the main