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Core Insights - European ports are facing significant congestion due to a surge in cargo volume from Asia and the summer holiday season, leading to increased terminal utilization and longer waiting times [1][3][5] - Major ports like Antwerp, Le Havre, and Rotterdam are experiencing severe operational challenges, with high utilization rates reported across various terminals [1][3][5] Group 1: Port Congestion - Antwerp's PSA terminal utilization ranges from 65% to 92%, with refrigerated container utilization between 45% and 65% [1] - Rotterdam's ECT terminal utilization is at 75%, RWG at 85%, and APMT MVII at 95% [3] - Southampton's terminal utilization is reported at 90-95%, with refrigerated container utilization at 60-65% [3] Group 2: Operational Adjustments - Shipping companies are adjusting operations to alleviate port bottlenecks, including rerouting to less utilized ports [5] - Maersk has announced that the AE11 route will temporarily stop at Vado Ligure instead of Genoa from August to September [5] - Hapag-Lloyd is implementing emergency measures for vessels calling at Genoa during the same period [5] Group 3: Market Outlook - The outlook for several European maritime gateways remains pessimistic, with sustained high demand and limited progress in alleviating congestion [5] - Alphaliner's senior shipping analyst describes the current situation as a "red alert" for European container terminals, indicating ongoing operational pressures at least until the end of the year [5]