Asian cargo faces logjams in Europe after Suez blockage
Asian shippers are braced for massive congestion in Europe’s key cargo gateways following the reopening of the Suez Canal, adding to the delays that the coronavirus has already caused for trade between Asia and the West.
Hundreds of container ships were left waiting when the Ever Given ran aground and blocked the key trade route for six days.
Those bound for Europe are now set to arrive all at once this week, to be followed several days later by vessels that avoided the Suez logjam by sailing around Africa’s Cape of Good Hope.
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