Port congestion in Asia and capacity constraints are contributing to decisions by some container carriers to resume sailings through the Red Sea and Suez Canal, shortening the route between Asia and Europe.
According to Linerlytica, Asian port congestion has reached 4.3 million TEU, exceeding the 4.0 million TEU recorded as stranded during the peak of the Covid pandemic. Climate disruptions, including El Niño and storms, have contributed to delays and reduced available capacity.
Diversions around the Cape of Good Hope are…
