Port Congestion
Port congestion refers to the situation where ships are unable to dock and unload their cargo due to overcrowded facilities. This can happen when there are too many vessels arriving at the same time, often caused by increased global trade or delays in shipping schedules. As a result, containers may pile up, leading to longer wait times for ships and increased costs for shipping companies.
The impact of port congestion can ripple through the supply chain, affecting the timely delivery of goods. Businesses may face delays in receiving products, which can lead to shortages and higher prices for consumers. Efficient management of ports and logistics is essential to minimize these disruptions and maintain smooth trade operations.