We previewed last week to readers that port congestion wasn’t just observed across US West Coast ports, such as Los Angeles/Long Beach, but also severe congestion was developing in southern China. At the time, we called it a “perfect storm” ahead of the peak shipping season.
Now the world’s largest container line, Maersk, calls the port congestion at Yantian International Container Terminal, a deepwater port in Shenzhen, Guangdong, in southern China, a much more significant disruption to its operations than the shutdown of the Suez Canal in March.
Continue reading “Maersk Warns South China Port Congestion ‘More Significant Disruption’ Than Suez Canal Closure”
