Port congestion on China-Europe route seen worsening in near term

October 09, 2021 / www.metalbulletin.com / Article Link

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.
Fastmarkets has previously reported on these issues affecting northern Chinese ports such as Tianjin, Bayuquan and Dalian, as well as other major Chinese ports such as Qingdao and Shenzhen.
Local Covid-19 restrictions, a backlog of cargo at and outside terminals, a reduced number of port operators and Covid-19 cases identified either on land or on the vessels have been a constant feature of logistics operations, causing sailing disruptions.
But market participants speaking with Fastmarkets in Aachen warned that the logistics issues have spread far beyond Chinese waters, with ports in Europe increasingly becoming affected.

The situation at key terminals in Rotterdam and Antwerp is likely to deteriorate between now and the end of the year,...

Recent News

Geopolitical risk outlook unclear after US election

January 06, 2025 / www.canadianminingreport.com

Low valuations offer a cushion to mining sector

January 06, 2025 / www.canadianminingreport.com

Polarized gold and iron ore moves, moderate aluminum and copper gains

December 30, 2024 / www.canadianminingreport.com

Large TSXV stocks strong on company specific drivers

December 30, 2024 / www.canadianminingreport.com

Canadian political turmoil with Trump trade policy the catalyst

December 23, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok