Maersk chief warns of port ‘meltdown’ when Suez Canal reopens

The full reopening of the Suez Canal could trigger two months of “operational meltdown” as container ships converge at European ports, a senior AP Moller-Maersk executive has warned.

Vessels from Asia taking the longer Cape of Good Hope routes will arrive in Europe at the same time as ships that leave a fortnight later but take advantage of the shorter Red Sea passage, chief commercial officer Karsten Kildahl told TradeWinds.