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Ships are paying millions for Panama Canal transit slots as queues lengthen and access tightens. The latest $4.6 million bid shows why shippers need to look beyond the headline wait time.

About 1.7m TEU of effective container capacity is currently being absorbed by vessel delays. For shippers, the important question is how much of that global shortfall reaches the services and ports they actually use.

Four Mediterranean and Black Sea ports crossed into CONGESTED, led by Constanta adding 48 hours. Hong Kong has 106 vessels queued. This edition also switches to counting only ports with active vessel traffic (699 of 1,253), which resets the percentage baseline.

Shanghai and Ningbo-Zhoushan have reopened after Typhoon Dolphin, but more than 2.4 million TEU of containership capacity remains caught in North Asian congestion. Here’s what shippers need to recheck before dispatch, from berth windows and gate appointments to port rotations and onward connections.