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 ...
The Saudi Arabian hub port of Jeddah is reporting a two-thirds drop in calls from the top ten carriers, as re-routing vessels on Asia-European routes add 5,800 nautical miles to the journey of each container, pushing up CO2 emissions.
Calls at Jeddah by the top carriers were down 67%, with the port now handling shuttle services plying the Suez Canal that need not venture far into the Red Sea, or through the Bab-el-Mandeb strait.
Vessel sizes now average 5,600 teu, versus the ...
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Congestion at Asian and European ports keeping charter rates firm
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