Port Blockages Intensify in China with Escalating U.S. Shipping Charges
Amid escalating U.S.-China tensions, commodity vessels are facing unprecedented wait times at Chinese ports, averaging 2.66 days. Bottlenecks threaten global supply chains for essential cargoes. Recent U.S. sanctions and significant fees imposed on American-linked vessels exacerbate the situation, causing shipowners to delay entry, skewing maritime logistics further.