East-west rates diverge as transpac spots hold while Asia-Europe keeps falling
Container spot freight rates on the main east-west trades diverged this week after a series ...
There were tentative signs over the weekend that the potential for a full-blown crisis at the Panama Canal may be reducing, after the canal authority indicated it would allow more daily transits next month.
While the country continues to be gripped by an unprecedented drought, the Panama Canal Authority (PCA) has introduced measures to maximise the waterway’s capacity, such as: re-using water from one lock chamber in another, which it said saved the equivalent consumption of six daily transits; tandem lockages, ...
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