Bangladesh port congestion continues to build up over the past week with the number of ships waiting to dock increasing sharply while port operations remains disrupted in the aftermath of the collapse of the government. Although an interim government was formed on 8 August, there has been no improvements in the port situation with more than 20 containerships currently waiting to berth at Chittagong and average delays rising to 7-10 days. Ships operated by Bangladesh’s sole local container carri
The active containership fleet continues to be constrained by port congestion and diversions to the Cape route with the number of ships in drydock also rising. Effective capacity has remained below 26m teu since the beginning of this year despite the addition of 1.9m teu of new capacity in the first 7 months of this year. Port congestion has picked up noticeably in the past week, with Shanghai and Ningbo the most badly affected at the moment with berthing delays of up to 4 days with adverse wea
Global port congestion eased slightly over the past week, with Southeast Asian ports recording significant improvements especially at Singapore and Port Klang where average waiting times have dropped to less than 1 day. However, typhoons and severe weather conditions in North Asia forced many ships to take evasive action with delays of up to 4-5 days in some cases affecting particularly ports in Taiwan and Fujian, but with ramifications on vessel schedules across all main Chinese ports including
Global port congestion remains elevated after the recent improvements observed in Southeast Asia ports, with increased delays at several neighboring ports that has seen an increase in volumes as a result of the diversions away from the congestion in Singapore and Port Klang. This includes ports like Laem Chabang, Cai Mep and Kaohsiung that have seen an increase in congestion in the past month. The higher volumes and vessel bunching has also kept waiting times at Chinese ports high especially at
Global port congestion dropped slightly last week, with capacity at anchorages ending the week at 1.97m teu or 6.5% of the global fleet. The situation at Southeast Asian ports is gradually improving with waiting times at Singapore and Port Klang dropping to less than 2 days although there remains sporadic delays at these ports. Singapore has paid a heavy price for the recent congestion with its latest container throughput volumes in June dropping by 5.2% compared to May as carriers omitted calls
Port congestion has started to pick up again after recent improvements, with delays at Shanghai worsening over the past week due to bunching of vessel arrivals with wait times of up to 4 days and up to 2 days in Ningbo. In Southeast Asia, overall congestion levels have been reduced but berthing delays remain at up to 3 days in Singapore and 5 days at Port Klang while Tanjung Pelepas has limited delays at the moment. Congestion at North American ports are also starting to build up after the 4 Ju
Port congestion eased slightly with 2.24m teu waiting at anchorages globally at the end of last week. Asian ports remain the primary hotspots, with Southeast Asia accounting for 23% of the capacity waiting for berthing slots globally, while North Asia and Middle East/Indian subcontinent account for a further 20% and 11% respectively. Berthing delays at Singapore remain at up to 4-5 days, although the vessel queues are shortening due to vessel omissions, while Port Klang and Tanjung Pelepas are
Global port congestion remains elevated with the situation at Southeast Asian hubs remaining chronic. Total vessel capacity waiting at anchorages globally reached 2.5m teu last week accounting for 8.4% of the global fleet. Southeast Asia hub ports continue to record the most serious congestion with the bottlenecks that first built up in Singapore in May spreading to Port Klang and Tanjung Pelepas. The situation at Port Klang has escalated in the last 2 weeks, with berthing delays of up to 6 day
New containership deliveries has reached 1.62m TEU this year but there remains a shortage of ships globally with freight and charter rates continuing to surge ahead as the market enters the traditional summer peak season. The vessel diversions from the Red Sea to the Cape route has effectively removed more than 1.6m TEU from the market since the beginning of December while the recent increase in port congestion has taken out a further 0.5m TEU of vessel capacity from circulation as the active f
Global port congestion continues to rise over the past week, with over 2.4m teu of vessel capacity waiting at anchorages as at 16 June, of which 60% are in Asia (including East Asia, Southeast Asia, Indian subcontinent and the Middle East). Heavy congestion remains at Singapore, although average waiting times are down slightly if only because more vessels are omitting calls at the port with several services extending the omissions until July. Overall congestion is at an 18 month high, with a fu