Congestion Worsens in Rotterdam as Suez Canal Stranding Causes Surge for East Bank

825fill
May 30, 2021
1 min read

The impact of the stranding incident in the Suez Canal on the container trade is beginning to show. Ocean freight rates from Asia to the East Coast of North America have risen by more than USD2000 in one month, surpassing USD7000, the highest level on record. Congestion at Rotterdam has also worsened.

Recent Posts

See All

Top 5 Japan Freight Forwarders in November 2025

The international air cargo forwarding ranking for Japan in November 2025 has been disclosed. Nippon Express (NX) remained in first place with 17,138 tons, down 3.2% compared to the same month last ye

Air Cargo Outlook 2026: Sector Shows Strong Resilience Amid Global Trade Shifts

The air cargo industry is set for steady growth despite global trade challenges, according to IATA. The trade body forecasts cargo volumes will reach 71.6m tonnes in 2026, a 2.4% year-on-year rise dri

CCFI Summary week 49

The trend in shipping rates shows an increase for Korea (+4.1%) compared to the previous week. Conversely, rates have decreased for Europe (-0.1%), the West Coast of North America (-2.9%), and the Eas

Comments