Maersk sees congestion in Asian ports

07 Jun 2024 CW Team

The Danish shipping company Maersk stated in a statement that it is experiencing severe terminal congestion in ports in Asia and the Mediterranean, which is seriously delaying its vessel timetable. The second-largest container shipping firm in the world will forgo two westbound sailings from China and South Korea that were scheduled to depart in early July due to the congestion, the business stated. Maersk's warning coincides with a rise in expenses and cascading delays in global supply chains brought on by Houthi rebel strikes on commercial boats close to the Suez Canal in Yemen. For safety reasons, major ocean carriers such as Maersk, MSC, and Hapag-Lloyd have relocated their ships to the longer route that circumnavigates Africa. According to Linerlytica, Singapore, which is home to the second-largest container harbour in the world, is the most recent country to experience congestion. Additionally, data from that company indicated port congestion in China, Dubai, Spain, and the US. High winds and adverse weather have impacted cargo movements at Chinese ports, maritime experts told Reuters. According to Lynerlytica, the abrupt increase in cargo demand as well as ongoing interruptions brought on by ships diverting from the Red Sea are the main causes of the growing congestion in Singapore and Dubai's Jebel Ali ports. Containers are being offloaded from ultra-large ships from the Far East at western Mediterranean ports like Barcelona and reloaded onto smaller vessels that are sailing to central and eastern Mediterranean ports, their eventual destinations.

Real Estate

07 Jul 2026

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