Congestion at Asian and European ports keeping charter rates firm
UPDATED TO CHANGE ECONDB DELAYS FROM VESSEL WAITING TIMES TO CONTAINER DWELL TIMES. Bottlenecks at Asian ...
Yantian International Container Terminal (YICT) has extended its export suspension until Monday, as port congestion worsens throughout China.
The Shenzhen gateway was due to resume accepting export containers today, following a two-day suspension starting Tuesday evening.
However, according to an update from Maersk, it was extended yesterday for a further 72 hours, with container gate-in times reduced from four to three days of a vessel’s estimated time of arrival (ETA), from 31 May until 6 June.
Maersk noted: “A few more Covid-19 positive ...
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Congestion at Asian and European ports keeping charter rates firm
Liners cut long-haul sailings, but 'it won't be enough' to stop rates tumbling
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