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Container shipping rates are at all-time highs. So How bad is the situation? How bad is the backup at various container shipping ports? What effect is this having on inflation in the short term? Evergiven container ship released from Suez Canal Busiest Container Shipping Ports Problems at Yantian port Ships anchored of container shipping ports causing backups The surge in Container shipping prices Panana Spread all-time high container shipping rates Empty sailings containing shipping Dwelling time container shipping The difference in rates Shanghai to LA vs La to Shanghai Container shipping rates impact on inflation New container shipbuilding orders up in 2021 to around 17% to 20% of the fleet Evergiven stuck in Suez Canal Evergiven container ship finally release from Suez Canal Effect on global trade due to container ships stuck in Suez Canal Mentioned in this Episode: Book The Box by Marc Levinson https://amzn.to/3hwcj61 Book Outside the Box by Marc Levinson https://amzn.to/3e7AgyN Podcast Is Inflation Really Out of Control? https://podcasts.apple.com/us/podcast/is-inflation-really-out-of-control/id1432836154?i=1000526178078 Supplychaindive charts showing Covid container ship problems https://www.supplychaindive.com/news/yantian-china-port-covid-charts-data-congestion-ships-supply-chain/602014/ Balance of Trade Chart https://fred.stlouisfed.org/series/BOPGSTB Yantian port back to normal? https://theloadstar.com/yantian-back-to-normal-tomorrow-but-box-backlog-will-take-weeks-to-clear/ from THELOADSTAR site Infographic showing impact to global trade from stuck Evergiven container ship in Suez Canal from Freightwaves site https://www.freightwaves.com/news/daily-infographic-ever-given-finally-released-from-custody-in-egypt Yantian port to re-engage with pre-financial crisis expansion of 3 million TUEs at port https://theloadstar.com/port-of-yantian-dusts-off-pre-financial-crisis-plan-to-add-3m-teu-capacity/