Christmas is cancelled — at least for those who believe it is all about receiving the latest consumer goods. That is the racy media headline to accompany the massive maritime roadblock that is sending global supply chains haywire.
There are 334 vessels waiting outside ports — 2.2m teu of container shipping, according to the latest estimate from VesselsValue.
Typhoon Kompasu has blown through the Far East, further disrupting shipping schedules and worsening port congestion.