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Suez-delayed ships could swamps ports, says analyst

[ April 13, 2021   //   ]

With delayed ships now on their way following the Suez Canal incident, cumulative delays are at 1,017 days, threatening to swamp ports with bottlenecked cargo for weeks to come, says visibility platform Project44. Some 1.9 million teu of capacity is involved in the incident.

In Rotterdam, 15 ships representing 196,600 teu will arrive over the next week, lining up behind 85 ships already at port or waiting to enter. 

AtSingapore, more than 370,000teu of capacity are en route to the port, where 83 vessels representing 299,310teu were already at the port or anchored and waiting to unload as of 12 April.

Other major ports bracing for the influx of volume are New York, with 76,500teu either arrived or still inbound from the Suez Canal incident; Port Kelang, at 103,900teu; and Jebel Ali, at 75,879teu.

According to project44’s port delay tracking, the influx of ships will also exacerbate port delays. Delays on major trade routes like Shanghai-Rotterdam are already close to the one-week mark, says project44, a worrying increase over 2020, when median port delays on the same route were 2.79 days.