Congestion

Maersk has added additional sailings between China/Korea and the US East Coast on its extra loader program for overflow cargo, retaining the routing via the Panama Canal despite ongoing draft restrictions and congestion. Maersk has deployed 8 extra sailings to the US East Coast since the beginning of July 2023 using ships of 3,000-7,000 teu, of which 6 sailings took the Panama route without encountering any significant delays, while 2 sailings were routed via the Suez Canal. * GSL ELEFTHERIA

There has been a gradual build up of ships waiting at the Canadian west coast ports of Vancouver and Prince Rupert as the ILWU Canada impasse stretches into a second week, with the total capacity of ships at the Puget Sound/British Colombia anchorages hitting 113,500 teu as at 9 July - the highest level since October 2022 but still well below the peak of over 300,000 teu recorded in early 2022. The situation remains fluid with more vessel diversions to US ports planned over the coming week. The

Container port congestion remained steady over the past week, with the total capacity tied up at anchorages at 1.7m teu or 6.4% of the fleet. There has been no significant changes across the 3 main regions of North Asia, North America and Europe with the congestion situation remaining steady throughout the past week. The resolution of the ILWU contract negotiations is expected to see further improvements across the US West Coast ports but the threat of a strike across the border remains as th

Vessel congestion at the port of Oakland increased over the past week as trucker protests against California’s Assembly Bill 5 (AB5). If protests continue into this week, vessel queues will lengthen further as carriers will not be able to divert cargo already loaded for Oakland at short notice. However, as Oakland accounts for less than 8% of total container volumes in the US West Coast, the impact will not significantly affect overall North American congestion unless the protests spread to Los

US port congestion is rising again with worsening delays at US East Coast ports. The vessel queues at East Coast ports has grown to over 630,000 teu.

Global port congestion increased to 12.4% as at 19 June 2022, with congestion picking up again in Chinese ports especially around Ningbo, Shanghai and Qingdao.

The active containership fleet increased slightly over the past week due to the reduction in port congestion, with about 400,000 teu coming out of the congestion queue.

Global port congestion has eased slightly over the past week, due to reduced queues at China with carriers omitting calls at Shanghai as export cargo volumes have been substantially affected by the extended lockdowns. Waiting times at Shanghai and Ningbo remain at less than 2 days on average...