Spot rates on transpacific surge after news of tariff time-out
Container freight spot rates shot up on the transpacific trades this week, with an immediate ...
The Panama Canal expansion was formally unveiled at the weekend and has been welcomed by the world’s major container shipping lines.
The first vessel to pass through was the 9,500 teu Cosco Shipping Panama from the Atlantic to the Pacific.
Maersk line said this morning it expected to use the canal more, now that the size of vessel able to pass through its locks had increased from around 5,000teu up to 14,000 teu.
“Maersk Line likely to reroute one or more services with larger vessels through ...
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