Despite sourcing shifts, 'don't write-off China', says CMA CGM CCO
China cannot be written off completely from supply chains, despite tension with the US and ...
ID 151584862 © Fadhlur Rahman Abd Raffar | Dreamstime.com
Nearly half of all Asia-Europe westbound sailings have failed to depart on time as congestion escalates in Asian ports.
Linerlytica’s latest report says last week only six out of 11 Asia-North Europe sailings departed on schedule, with congestion at Singapore and Tanjung Pelepas severely disrupting the market.
The consultancy said: “While bottlenecks in the second-busiest port, Singapore, have eased, the strain has shifted to Port Klang and Tanjung Pelepas in Malaysia. Waiting times have also risen ...
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