Asian port congestion hits 4.3m TEU, tops Covid peak; carriers return to Suez

Summary

Linerlytica data shows Asian port congestion reached 4.3 million TEU, surpassing the 4.0 million stranded at the Covid peak, while Cape diversions still absorb 5-7% of global capacity. CMA CGM has made 15 Suez transits and Maersk 11, and MSC has returned its Jade service to the canal (calling King Abdullah, Singapore, Yantian, Ningbo, Shanghai and Qingdao), shortening Asia-Europe loops.