Asian box port congestion could take 10 months to unwind

AI Summary

Container port congestion across Asia is absorbing an estimated 8.5% of the global containership fleet, or roughly 3 million TEU of capacity, and may take up to 10 months to ease. Regional freight rates have reached record levels, adding pressure to supply chains that could persist into 2027.

Asia’s container congestion problem is increasingly looking less like a temporary weather event and more like a supply-chain headache that could persist well into 2027, with regional freight rates already hitting record levels. Sea-Intelligence calculates that 8.5% of the global containership fleet is currently absorbed by delays, equivalent to roughly 3m teu of capacity — …