The congestion at major ports that has affected shipping operations for metals and minerals on the China-to-Europe route is set to worsen in the next three or four months, sources told Fastmarkets during last week's International Colloquium on Refractories conference in Aachen, Germany.
Lead times for cargo shipping from China to European ports have increased in recent months because of a series of operational issues and backlogs congested Chinese ports, causing long delays for incoming and departing vessels.The situation at key terminals in Rotterdam and Antwerp is likely to deteriorate between now and the end of the year,...