{"id":3690,"date":"2026-06-30T14:35:38","date_gmt":"2026-06-30T11:35:38","guid":{"rendered":"https:\/\/mikhailinvest.com\/rate-rises-loom-as-port-congestion-hits-four-year-high\/"},"modified":"2026-06-30T14:35:38","modified_gmt":"2026-06-30T11:35:38","slug":"rate-rises-loom-as-port-congestion-hits-four-year-high","status":"publish","type":"post","link":"https:\/\/mikhailinvest.com\/zh\/rate-rises-loom-as-port-congestion-hits-four-year-high\/","title":{"rendered":"Rate rises loom as port congestion hits four-year high"},"content":{"rendered":"<div class=\"hero\"><img decoding=\"async\" src=\"https:\/\/theloadstar.com\/wp-content\/uploads\/9a2b6b5028d83251679019dcdc412925-680x0-c-default.jpg\" alt=\"Shanghai port\" \/>\n<p>Photo: Shanghai International Port Group<\/p>\n<\/div>\n<p>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<time datetime=\"2026-06-30\">30\/06\/2026<\/time><\/p>\n<p>Congestion in container ports has crept up to a four-year high, with nearly 3.7m teu, or 11% of the global fleet, currently tied up awaiting berths.<\/p>\n<p>Linerlytica\u2019s report this week shows North Asia\u2019s ports are the most congested, accounting for 38% of global congestion, followed by gateways in North Europe (13%), and those in South-east Asia, the Mediterranean, and Africa all on 9%.<\/p>\n<p>\u201cCongestion remains very severe in Benelux and German ports, with delays of up to a week,\u201d Linerlytica said today.<\/p>\n<p>\u201cA further deterioration in Rotterdam was averted after demonstrations planned around the port, by Dutch activist group Geef Tengengas over the weekend, were cancelled due to the severe heatwave.\u201d<\/p>\n<p>Logistics platform GoComet shows ships have a waiting time of two days in Singapore, with a dwell time of three days for outbound containers and two days for inbound containers.<\/p>\n<p>In Shanghai, the world\u2019s busiest container port, ships have to wait three days, while the dwell time is four days for exports and three days for imports.<\/p>\n<p>In Rotterdam, while ships have to wait a day, the dwell time is seven days for exports and four days for imports.<\/p>\n<p>These bottlenecks \u2013 added to a demand-supply situation which sees global teu-mile demand growth of 7.3% exceeding vessel supply growth of 5.4% \u2013 continue to support another imminent rate hike tomorrow, 1 July.<\/p>\n<p>On Friday, Shanghai Containerised Freight Index passed 3,200 points.<\/p>\n<p>The Shanghai-North Europe rate rose 6% from 19 June, to $3,342 per teu, but for 40ft containers, the increase was 12%, to $5,766. The Shanghai-Mediterranean rate gained 10%, to $4,666 per teu.<\/p>\n<p>Freight rates from Shanghai to the US west and east coasts both went up 7%, to $6,067 and $7,384 per 40ft, respectively.<\/p>\n<p>\u201cAsia-North Europe capacity availability slipped in June, with 11 blanked sailings compared with seven originally projected, with further slippage expected in July,\u201d Linerlytica said.<\/p>\n<p>The consultancy added that transpacific shipping availability remained tight, especially to the US east coast with rates set to breach $8,500 per 40ft in July.<\/p>\n<p>Linerlytica noted that for Far East-US west coast shipments, while shipping lines were planning a new round of rate hikes aimed at lifting rates over $7,000 per 40ft, Maersk and Gemini Cooperation partner Hapag-Lloyd were offering preferential rates of less than $6,000 per 40ft, which could block their peers\u2019 attempts to raise rates.<\/p>\n<p>\u00a0<\/p>","protected":false},"excerpt":{"rendered":"<p>Photo: Shanghai International Port Group 30\/06\/2026 Congestion in container ports has crept up to a four-year high, with nearly 3.7m teu, or 11% of the global fleet, currently tied up awaiting berths. Linerlytica\u2019s report this week shows North Asia\u2019s ports are the most congested, accounting for 38% of global congestion, followed by gateways in North 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Shanghai International Port Group 30\/06\/2026 Congestion in container ports has crept up to a four-year high, with nearly 3.7m teu, or 11% of the global fleet, currently tied up awaiting berths. 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