'More pronounced' demand slump drives container spot freight rate declines
Container spot freight rates on most of the main shipping trades saw another week of ...
Severe congestion has resurfaced at Hutchison’s Yantian International Container Terminal (YICT) in Shenzhen, prompting the port to stop accepting laden export containers last night.
YICT said: “Due to increasingly serious delays in vessel schedules, the container yard is now in high utilisation rate, which seriously affects the efficiency of terminal operations. This also causes traffic congestion around the port area.”
Imports and empty container movements will carry on as normal, YICT added, with laden exports expected to resume on Friday.
However, YICT said ...
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