Hapag-Lloyd won't take bookings if port congestion leaves cargo stranded
A “cautious” Hapag-Lloyd has warned it will not accept bookings if port congestion leaves cargo ...
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By Mike Wackett
Cargo drift from North America’s west coast ports to the east coast has continued ahead of the widened Panama Canal opening next year.
According to Drewry Maritime Research, further migration of Asian imports from west coast ports to terminals on the Atlantic and Gulf coasts can be expected in the lead up to the opening of the expanded Panama Canal, due next April.
The construction of bigger locks on the waterway will enable containerships of up to 13,000 teu to transit the ...
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