WITH vessel delays abating, terminal congestion indicators are also showing signs of improving, according to Sea-Intelligence CEO Alan Murphy.
Regardless, the congestion situation is still far from normal, he said.
While 10.5 per cent of the global fleet is still unavailable due to supply chain delays, it has dropped from 13.8 per cent in January.
More than 3.3 per cent of the global fleet was released back into operation between January and April.
On terminal congestion, Korea's HMM bi-weekly customer advisories calculate a terminal congestion index.
On North America, the index has been gradually increasing since reaching an apex over 80 per cent in January 2022.
Meanwhile, Europe has enjoyed substantial improvement in the overall congestion index over the past month.
On a port level, distinct improvements are seen in Spain, Italy, and Greece.