Intelligence Alert

Port congestion reported across Asia due to inclement weather conditions as on Thursday (02 July)

Risk level: Low Country: China

As per reports, as on Thursday (02 July), bad weather especially near China and vessel bunching are worsening congestion across several ports in Asia.

• Ocean carriers are reportedly dropping calls on both mainline east-west and intra-Asia services. Congestion has been exacerbated by longer ship dwell times due to increased cargo volumes, especially on trans-Pacific trades as shippers frontload freight ahead of new US tariffs that are expected later this month.
• The worst affected ports appear to be Shanghai, Ningbo and Shenzhen’s Yantian terminal in China, plus Singapore, Busan in South Korea, and Colombo in Sri Lanka.

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