November is forecast at 1.92 million TEU, down 9.2% from the previous year and the lowest number since 1.87 million TEU in February 2021, the last time the monthly total fell below 2 million TEU. December is expected to drop to 1.9 million TEU, down 9% year-over-year. For the full year, 2022 is expected to total 25.86 million TEU, barely changed from last year’s annual record of 25.84 million TEU. With most congestion issues continuing to ease, the month is expected to be the slowest since 1.61 million TEU in June 2020. March is forecast at 1.99 million TEU, which would be a raise from February but down 15.2% year-over-year.

Source: Libya Today November 10, 2022 02:54 UTC