Port congestion not enough to stop free fall for container rates

There are still serious delays in major ports, not least in Northern Europe, due to congestion and strikes, but the problems are not severe enough to keep spot rates afloat, according to Alphaliner.
Photo: Aly Song/Reuters/Ritzau Scanpix/REUTERS / X01793
Photo: Aly Song/Reuters/Ritzau Scanpix/REUTERS / X01793

Even though pressure on global supply chains is easing, there are still clear problems with waiting time and congestion in a large number of ports. These issues are, however, no longer significant enough to keep up spot rates.

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