Europe is facing container shortages as a result of two macro-level disruptions, the lockdowns in China and the Russia-Ukraine war, reports Container xChange.
Hamburg-based Container xChange reports that, while the shortage of containers is persistent, port throughput has also decreased.
“The ports of Antwerp and Rotterdam handled a lower volume of containers in the first quarter of 2022 as compared to the same period last year. The containers meant for the ports in Europe are now piling up at the ports in China (due to the lockdowns), potentially causing greater chaos in the coming weeks or even months,” said Christian Roeloffs, CEO of Container xChange. “If the lockdowns persist, the throughput volumes will be further impacted in the coming months for these ports in Europe.”
Read more in an article from WorldCargo News.