Shipping and delivery team Maersk expects cargo delays to persist

A Maersk tanker sails, December 12, 2012. Ritzau Scanpix/Asger Ladefoged/by way of REUTERS

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COPENHAGEN, Jan 11 (Reuters) – Top container shipping business A.P. Moller-Maersk (MAERSKb.CO) on Tuesday warned its prospects it was nonetheless battling to transfer products about the environment as the easing of congestion is getting lengthier than the Danish business had hoped for.

The pandemic has prompted shortages of container ships and logjams at ports at a time of quite higher consumer expending, indicating that hundreds of container vessels are lying idle outside the house ports.

“However, 2022 has not started off as we had hoped,” Maersk stated in an advisory posted on its website site.

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“The pandemic is still heading robust and sadly, we are looking at new outbreaks impacting our skill to move your cargo,” it mentioned, adding that it expects the constrains to continue on “for some time nonetheless”.

The largest waiting moments for container vessels to discharge or choose up cargoes were on the U.S. West Coast the place the waiting around time at Prolonged Beach port in Los Angeles at the moment is between 38 and 45 times, Maersk mentioned.

Even so, it mentioned that there experienced been some current easing in Northern Europe in which the Port of Antwerp in Belgium was anticipated to reduce the wait to all over two times this week from 10 days the 7 days before.

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Reporting by Stine Jacobsen Enhancing by Emelia Sithole-Matarise

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