Monday, January 18, 2010

Quick Overview

  • (FT)China’s soaring appetites for commodities have created some of the worst traffic jams seen at ports handling bulk cargo. Ships were queuing for an average of 27½ days to collect coal in Queensland, Australia.

  • The Drewry Global Freight Rate Index (container shipping rates) rose 3 % YoY to November 2009.

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