Coast is (almost) clear as port congestion fades even further

What a difference a year makes. At this time in 2022, over 100 container ships were stuck waiting off the ports of Los Angeles and Long Beach, California, with around 150 off all North American ports combined. Now, there are almost no ships waiting in Pacific waters and increasingly few off the East and Gulf coasts.

Ship-position data showed just 30 container vessels off North American ports Friday morning. All remaining queues are down to single digits per port.

Factory closures for Asia’s Lunar...

https://www.freightwaves.com/news/coast-is-almost-clear-as-port-congestion-fades-even-further

A Rate War On The Way For Shipping Containers

Credit: Dominik Luckmann_unsplash

A recent news article published in the Seatrade Maritime News talks about the warning of container shipping rate war ahead.

Container market was returning to normality

Speaking at TOC Asia Alan Murphy, CEO and Founder of Sea-Intelligence, said the container market was returning to normality but asked if this was pre-pandemic level of normality in 2019, a relatively good year for container shipping if 2020 – 2022 is excluded, or a much worse scenario of five – six...

https://mfame.guru/a-rate-war-on-the-way-for-shipping-containers/

Zero ships waiting off Southern California, 59 off other ports

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Not a single container ship waited offshore of the ports of Los Angeles or Long Beach on Tuesday. It...

https://www.freightwaves.com/news/zero-ships-waiting-off-southern-california-59-off-other-ports

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