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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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To: sunabeach who wrote (21753)3/25/2021 9:16:45 AM
From: ajtj99  Read Replies (1) of 96517
 
The container rates are through the roof as well. So many ships were taken out of service a year ago, and then they were slow to get them back in because the rates were so great with full ships.

Once they started adding ships back on, USWC port issues started up, with shortages of dock workers due to Covid-19. It's likely that backlog of anchored ships off the USWC won't be worked down for another 2-3 months.
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