Some further strengthening was seen over the course of the week for trans-Pacific premiums as many US-based importers continued booking cargoes to the US East Coast, rather than face the uncertainty of labor negotiations on the US West Coast. This has only served to fuel a currently worsening situation on the East Coast, with higher …
The post Rates strengthen to US East Coast as shippers seek to avoid US West Coast first appeared on Hellenic Shipping News Worldwide.