Sun, 17 Sep 2023 21:00:57 +0000
Continuing congestion, exacerbated by the impact of El Nino to the end of 2023, will increase voyage costs and may affect trade patterns, should longer waiting times result in operations through the Panama Canal becoming commercially unviable. Charter rates in the dry bulk market improved for the sub-Capesize vessels in August amid increased congestion in …
Full article: https://www.hellenicshippingnews.com/congestion-in-panama-to-support-charter-market/