The backlog of ships outside the twin ports of Los Angeles and Long Beach — America’s largest gateway for ocean freight — is poised to worsen.
There’s now a record of 80 container vessels waiting off Southern California, with more on the way from Asia. The bottleneck that started almost exactly a year ago shows little sign of letting up, according to a Bloomberg analysis shipping data.
With the waiting area off Los Angeles starting to stretch further and further off the coast, Bloomberg’s Port Congestion Tracker has rebenched its anchorage area for the ports to more accurately show the total ships in queue. While counts for ships in port remain the same, total counts have ballooned to 112, surpassing Singapore for the world’s third-largest holding area for container ships.
The supply snarls swamping America’s West Coast followed similar backups that the ports of Hong Kong and Shenzhen dealt with in the aftermath of Typhoon Kompasu last week.
The total count of container ships off the Pearl River Delta now stands at 237, after reaching an April-to-October high of 279 earlier in the week. While the dwindling count doesn’t ensure those ports are completely back to normal, it does suggest that the worst might be over.
That might increase the pressure on ports on the receiving end of containers sent from China.
Canada’s port of Vancouver is now dealing with its highest volume of containers since Bloomberg started tracking the data in April, as 21 vessels were counted off its coast on Oct. 22. Russia’s port of Vladivostok saw 11 waiting vessels, full with Chinese cargo.
Singapore’s anchored container count remained elevated Friday, after the cyclones Kompasu and Chanthu slowed trade in China. The 34 anchored vessels waiting to load marked a 11% increase in congestion.
Recent trade agreements between the U.S. and key trading partners are failing to revitalize the struggling ocean container shipping market, according to the latest analysis from Xeneta released today. Data...
A 50/50 consortium formed by Boskalis and Allseas has secured a €1.2 billion (US $1.38 billion) contract from CPC Corporation Taiwan to build the second offshore gas pipeline from Yongan...
The proposed inclusion of Chinese shipping giant COSCO in Hong Kong conglomerate CK Hutchison's contentious global ports sale is a potential win for Beijing in a strategic sector, but the deal is far from final and could face resistance from Washington, sources and analysts say.
12 hours ago
Total Views: 282
Get The Industry’s Go-To News
Subscribe to gCaptain Daily and stay informed with the latest global maritime and offshore news
— just like 108,810 professionals
Secure Your Spot
on the gCaptain Crew
Stay informed with the latest maritime and offshore news, delivered daily straight to your inbox
— trusted by our 108,810 members
Your Gateway to the Maritime World!
Essential news coupled with the finest maritime content sourced from across the globe.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.