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FreightWaves Staff Thursday, April 25, 2019

Locked and Loaded

The expanded Neopanamax locks of the Panama Canal, which debuted in June 2016, have been a boon for many shipping sectors, but they were specifically designed with container shipping in mind. Lock capacity is measured in twenty-foot-equivalent units (TEU).

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FreightWaves Staff Wednesday, April 24, 2019

Breakfall: ocean box rates flat after big slump

It’s a game of several parts as Drewry Shipping Consultants’ World Container Index indicates that rates are marginally down by 0.3 percent compared to the previous week. But the index is massively up, by 12.8 percent, compared with the same period last year. A flattening market can be perceived as “good news” given there have been a couple of weeks of slump.

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