Barges are forced to wait days for loading of goods, and containers do nothing in the queues.
Europe has experienced the most serious logistics interruption since the Pandemic Covid-19. Due to Donald Trump’s unpredictable tariff policy and the shallow barge rivers and containers, they are forced to wait weeks for loading EU key ports. The Financial Times reported this on Monday, June 30.
This situation, according to analysts, will last several months.
The most difficult situation is in Rotterdam, Antwerp and Hamburg. Ports are overloaded and work to the capabilities limit.
The head of the logistics company Euro-Rijn Group Albert Van Omman noted that there has been no such degree of congestion in European ports since the pandemya. The ports then unable to cope with the amount of goods due to the lack of staff, though supply chains have remained surprisingly stable.
According to the company ContargoThe average wait time of the barge in the Antwerp port lasts 66 hours, in Rotterdam – 77 hours. Usually, barges work on fixed temporary windows to download containers quickly.
Dhl So far, he has not reported to suspension of production, but admitted that the risks exist.
“So far, none of our customers have stopped manufacture due to lack of substances. But such a drama is possible,” commented the leader Dhl In Germany, Kasper Ellerbeck.
However, in addition to US tariff wars, the causes of problems are changes in the alliance of shipping companies, in particular, the completion of cooperation between Maersk And MSC. It is forced carriers to rebuild graphs and routes.
Another factor is the growth of imports from Asia to Europe. According to analysts, volumes increased by 7% in annual terms.
Meanwhile, ports are trying to expand capacities, hire staff and purchase equipment. In Rotterdam the operator Ect He admitted that “the terminal was actually uploaded”, but this situation was observed throughout northern Europe. In the company Hhla In Hamburg, they stopped the comments.
DP WorldThe owner of Rotterdam and Antwerp terminals, said he was working on a reduction in congestion.
“We focus on maintaining a high level of service, investing in power and ensuring the stability of our European network of terminals,” the commercial director emphasized DP World Mark Rosenberg.
The Port of Antwerp-Bryugg administration confirmed that they have “long-term loading problems”, so it creates short-term difficulties, but they make sure the system is working within planned buffers.
However, some market participants do not believe in a quick decision, believing that such a situation is last month.
Remember, on April 2, US president Donald Trump introduced a minimum additional fee of 20% for almost all exports from the EU, but a week later it reduced to 10% by 90 days to provide time for dialogue. At the same time, the duties of 25% per iron, aluminum and cars from the EU remain strength.
Earlier we reported that the European Union had prepared a list of American goods that could fall under new roles in response to the US tariff policy.
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.