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Port Efficiency and Congestion Trends: Insights from Windward’s October 2023 Container Port Analysis

China


As concerns persist about the strength of Chinese exports, TEU capacity berthing at ports across the region declined approximately 5% month-over-month. Only Ningbo and Qingdao posted slight increases, while Yantian decreased 20% on a monthly basis. With the decreased TEU capacity berthing, seven of eight ports in the region had congestion levels below their 24-month average levels. Only Hong Kong was just barely positive, at 1% above the 24-month average. As congestion decreases, transit times fall in tandem. Read more below to see which ports have notable advantages on specific trades.



For the full post, click here: Link From Windward posted on November 23, 2023.

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