Cargo chaos in North Asian ports as Typhoon Bavi blows in

Typhoon Bavi created chaos in North Asian ports over the weekend, with nearly 2m teu of containership capacity delayed in major ports. Consultancy Linerlytica said that by Sunday, 54% of congestion in all container ports was in North Asia and estimates that the gateways will need two weeks to clear the backlog – mostly concentrated in Shanghai and Ningbo. On Friday, China’s National Meteorological Read full article →