THE volume of laden container imports through North American west coast ports declined in March year on year by a mere 0.7, but following drops in January and February of 5.0 per cent, according to Denmark's Sea-Intelligence bulletin.
'While this could very well be a temporary easing, it could also be an indication of normalising market conditions,' it said..
'What is more concerning is empty exports have now started to contract, but the rate of contraction for laden exports has not eased up. The most likely explanation is that these volumes are being exported through the east coast, which could result in potential loss of volumes for the west coast.' the bulletin said.
SeaNews Turkey
'While this could very well be a temporary easing, it could also be an indication of normalising market conditions,' it said..
'What is more concerning is empty exports have now started to contract, but the rate of contraction for laden exports has not eased up. The most likely explanation is that these volumes are being exported through the east coast, which could result in potential loss of volumes for the west coast.' the bulletin said.
SeaNews Turkey
