Global port congestion has dipped below 5% of the total fleet at the end of last
week and is expected to continue to fall over the next 8 weeks, with container
vessel traffic at China to slow down for the Chinese Golden Week holidays that
will start on 1 October 2023.
The fall in congestion in China in October would carry over to the US and Europe
with vessel arrivals to be reduced over the coming 2 months.
The total containership capacity currently anchored and waiting for berthing at
the mai