Bonn - Global container port congestion has reached elevated levels as stronger-than-expected peak-season demand, weather disruptions and operational constraints continue to tie up vessel capacity.
According to DHL Global Forwarding’s September ocean freight market update, global port congestion is approaching 4 million TEUs, keeping effective container shipping capacity under pressure. Global ocean freight demand has increased 5% year to date, supported by continued growth in Asian export volumes, while peak-season headhaul demand remains stronger than anticipated.
Linerlytica data cited by industry sources has put the amount of containership capacity waiting at . . .
Disclaimer: This information has been collected through secondary research and Daily Shipping Times is not responsible for any errors in the same.
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