As Shanghai springs back to life after two months of lockdown, congestion at the port is almost back to normal, according to the latest data from VesselsValue.
At the height of reported Omicron cases, average waiting times for tankers, bulkers and container ships at Shanghai stretched to 66 hours in late April. But, as shown in Figure 1 below, waiting times have now shortened to 28 hours, just an hour longer than the top end of the range seen at this time of year over the past three years.
Average waiting times for tankers, bulkers and Container ships at Shanghai
Breaking the data down by ship type, VesselsValue noted that the overall trend is most closely mirrored by container vessels, the most populous ship type at the port.
Average waiting times for boxships, having peaked at 69 hours in late April, are now down to 31 hours, still some 4 hours longer than the higher end of the range seen for the time of year over the last three years.
