Global shipping fleet feeling affect of congestion

A recent snapshot study suggests that congestion at global ports is on the increase, particularly in respect of bulk carriers.

In Australia, Brazil, Indonesian and China, 159 capesize vessels were waiting to either load or discharge cargo, equivalent to 15% of the global fleet of capesize vessels. Australia was by far the most congested destination, with 72 vessels waiting at anchor. A similar situation pertained to both panamax and handymax bulk carriers, although the situation in China, Brazil and Indonesian was also giving some cause for concern.