Container Port Congestion Hits Record 4.3m Teu Waiting to Berth
Congestion has removed more than 4.3m teu of capacity from circulation, surpassing the pandemic peak in absolute terms and keeping freight and charter rates elevated.
Delays and Congestion Now Absorb 5% of Global Container Capacity
Sea-Intelligence puts the absorption rate at 5.0 percent against a 2011-2019 norm of 2.2 percent, with schedule reliability stuck at 60-65 percent.
Maersk Drops Its Fleet Cap as Capacity Passes 4.7m TEU
Maersk has abandoned the 4.0 to 4.4 million teu ceiling that defined its strategy for the decade, with its operated fleet already past 4.7 million teu and CMA CGM closing the gap.
MSC Tests Suez Transits as Container Volumes Rise on the Corridor
MSC has sent seven eastbound vessels through the Suez Canal and Bab el Mandeb in two weeks, as Maersk and Hapag-Lloyd return services to a corridor CMA CGM never fully left.
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