The Royal Bank of Canada says one-fifth of container ships are currently stuck at global ports A new study by the Royal Bank of Canada (RBC) has found that 20% of container ships are currently stuck in congestion at various major ports. According to the report, published on Tuesday and seen by Reuters, China’s Covid lockdowns, the conflict in Ukraine, and other strains are causing longer delays at ports, driving up costs. RBC data shows that ships awaiting berth at the Port of Shanghai now tally 344. That is a 34% increase over the past month, with shipping from a warehouse in China to one in the United States cur
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