Subscribe to RSS feedAustralian port queues fuelling global congestion
by
Sam Collyer and Michelle Wiese Bockmann
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last modified
Jan 15, 2010 09:43 AM
CONGESTION at Australia’s bulk ports shows no sign of easing.
Ports analyst Arctic Securities said global port congestion had reached record levels with 379 bulkers, equivalent to almost 40m dwt of capacity, now at anchor. In Australia, there are now 73 capesize bulkers and almost 80 panamaxes queuing. Ships are...
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