Despite a decline in transits through the drought-hit Panama Canal for most shipping sectors, containerships are maintaining transit levels largely due to the reduction in competition from other sectors, according…
https://gcaptain.com/container-sector-maintaining-panama-canal-transit-levels-as-others-exit/
According to an Alibra Shipping article, the shipping industry is affected by certain business and market changes recently which includes situations such as Vale’s Brucutu Mine operations, Panama Canal restrictions, high oil prices, and Chinese economy improvement. Here’s an insight on that and how it can affect trade in the coming days.
Vale Brucutu Mine Operations Likely To ResumeVale has said that it expects to resume operations at it’s Brucutu mine within 72 hours after a securities filing...
http://mfame.guru/weekly-world-business-update-vale-brucutu-operations-panama-restrictions/