00:00Welcome back. European ports, including Antwerp Bruges, are facing severe congestion due to U.S. tariff policies, rising geopolitical tensions and climate change.
00:11According to the CEO of the Port of Belgium, the average waiting time for ships has increased from 32 hours at the end of March to 44 hours by mid-May.
00:22Several other ports in Europe are facing similar issues.
00:26Previously, uncertainty over U.S. tariffs on Chinese goods caused delays and rerouting of shipments.
00:33After the suspension of additional tariffs on China, there has been a surge in cargo volume as companies rush to expedite exports, which leads to port congestion.
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