Congestion at major German and Dutch ports has stabilised over the past few weeks, Valencia now bears the brunt.
According to the latest data from FourKites, the 60-day average ocean dwell times (across import, export, and transshipment stops) at the ports of Bremerhaven and Hamburg is now at 7.6 days and 8.3 days respectively.
At Bremerhaven, this represents a 10 per cent decrease week-over-week, and a 20 per cent decrease month-over-month compared to the beginning of August when dwell times were at 9.5 days on average.
As for Hamburg, this is a 5 per cent decrease week-over-week and a 14 per cent decrease since mid-August when dwell times were at 9.7 days on average.
The Port of Valencia has suffered a significant increase in port congestion over the past few weeks – as the 60-day average dwell time has increased to 10.3 days, a new high seen in 2022 and an increase of 36 per cent month-over-month.
Dwell times at Rotterdam and Antwerpen remain stable, below the highs seen earlier in the year following the start of the Russian invasion of Ukraine in late February.
The 60-day average ocean dwell time at the Port of Rotterdam is now at 6.8 days, down 22 per cent week-over-week and month-over-month compared to the peak seen earlier this year.
At Antwerpen, the 60-day average ocean dwell time is now at 7.2 days. This is down 3 per cent week-over-week, down 4 per cent month-over-month, and down 11 per cent since the peak.
Across the rest of Europe, port congestion continues to stabilise according to FourKites, as the 60-day average ocean dwell time is now at 7.4 days, a reduction of 3 per cent both week-over-week and month-over-month, and down 21 per cent compared to the peak seen earlier this year.
