The situation in China and the Far East is currently showing no sign of easing. Along with recent problems at Yantian coming up with serious COVID 19 issues, the knock on effect is that congestion is building at all main China ports, sub ports and other Far East locations.

Well, the current situation is as bad (if not worse) since the problems first arose tail end of 2020. Come mid-March this year it did look as though things were improving and the ocean rates were falling, albeit very slowly.

The global situation regarding shipping and movement of containers seems very critical at the moment.