Asian ports both in China and Singapore have been struggling for some time with backlogs brought about by containerships diverting from normal routes through the Red Sea and now that congestion is spreading to other regional ports. New reports highlight that with the problem approaching levels seen during the pandemic in 2020 and 2021, delays are increasingly likely along with price increases for shipping and consumer goods.
Singapore-based analysts Linerlytica continue to highlight two hotspots for port congestion. One remains around China’s Shanghai/Ningbo port complexes…
