Financial Ports

1.7 Million TEUs Vanished: How Port Delays Are Strangling Global Shipping

CLAVE 1 / 45.0% of global deep-sea container capacity is currently tied up in delays and congestion.

CLAVE 2 / 4Pre-pandemic, only 2.2% of capacity was lost to delays—a figure now more than doubled.

CLAVE 3 / 4Late vessel arrivals now average 5–5.5 days, up from 3–4 days before COVID-19.

CLAVE 4 / 4The ‘missing’ capacity—1.7 million TEUs—equals the entire fleet of HMM, the 8th largest carrier.

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