The port congestion
According to the latest data from vessel value, there are 427 container ships lining up in ports around the world, and the supply chain crisis has worsened by 14% since early September. The company said that more and more ships are sailing to ports, so there is no sign of improvement.
At the same time, the bottleneck in Asia is also deteriorating. Only last week, the number of ships waiting to berth near Ningbo and Shanghai was only twice as many as that of western American ports, reaching 154!
Among them, there were 74 waiting ships outside Ningbo and Zhoushan, equivalent to 306538 TEU, an increase of 48% in only one week.