Weekly Dry Market Monitor: Port Hedland Average Waiting Time – Iron-Ore Congestion Meets Labour Action

AI Summary

Vessel waiting times at Port Hedland have reached multi-month highs, averaging 8.7 days as iron ore congestion meets labor action. This elevated congestion reflects persistent challenges affecting shipping schedules at one of the world's largest iron ore export ports.

Waiting time reached multi-month highs. The average vessel waiting time at Port Hedland rose to approximately 8.7 days in the week to 17 July, up from about 8.4 days a week earlier. The 30-day moving average stood at 8.66 days, close to the highest level recorded over the past 18 months, highlighting persistently elevated congestion ...