Global container port congestion hits four-year high with 3.7m TEU queued

Summary

Linerlytica data cited by The Loadstar shows nearly 3.7 million TEU - about 11% of the world's box-ship fleet - was waiting for berths, the highest share in four years. North Asia accounted for 38% of the global backlog, North Europe 13%, and Southeast Asia, the Mediterranean and Africa 9% each. Sustained Cape-of-Good-Hope diversions and vessel bunching are blamed.