Asia-Pacific Shipping Update – June: Navigating your logistics through turbulent times
As uncertainty and increased congestion continue to disrupt ocean freight, some analysts estimate that 8-10% of global vessel capacity around the world is currently absorbed by delays. The Asia Pacific (APAC) region remains at the centre of the latest developments. Having the most up-to-date insights on the current shipping situation can help you make informed decisions for your logistics operations. In this article we share the latest information available to us – from the Yantian port delays in South China, to the capacity outlook for ocean freight and inland transportation.