Due to global port congestion and a lack of capacity, the number of container vessels calling on ports with more than a two-week delay is higher in 2021 than in the past eight years combined, writes Seaintelligence.
The firm has analyzed the overall delay situation on major trade routes from Asia to North America and from Asia to Europe where issues with huge demand and lack of capacity are putting pressure on supply chains and keeping the freight rates at unprecedented high levels.
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