Posted on 02/24/2021 6:27:50 AM PST by artichokegrower
Container freight and charter markets are continuing to boom post-Chinese New Year, and analysts expect favourable conditions for carriers and shipowners to last at least into the second half.
(Excerpt) Read more at gcaptain.com ...
It appears that the China Virus has not affected China negatively at all.
Cocaine Mitch will be pleased.
I guess all according to the plan. America met its match. I don’t blame China. I blame half the country and the worthless Federal government they put in power that are both on a suicide mission that will take down everyone else including the nation.
Not from us
Back orders. People haven’t been able to get this Chinese crap because of COVID. I flew over LA and Long Beach Harbors yesterday. There were several dozen ships anchored off shore.
I drove over the San Francisco Bay Bridge a couple days ago. The bay has a lot of loaded freighters stacked with containers just sitting there waiting to dock in Oakland.
It’s been like that for at least a month. They’re anchored all the way down to spots off Newport Beach.
All of that stimulus money being sent to China
Sink them all.
Stimulus money, flowing into Chinese bank accounts. Americans consume, we don’t invest.
“There were several dozen ships anchored off shore.”
Several dozen? My son works for the Port of Seattle and he tells me there are over a hundred ships locked in the Long Beach harbor alone by Newsome and the Seattle harbor has slowed way down in product movement because of it. Newsome is creating the shortages with his covid-19 protocols and warehousing commitments.
Kip Louttit, executive director of the Marine Exchange of Southern California, reported that at any given time 91 ships were in port: 46 at berth and 45 at anchor. Of those that day in mid January, there were 56 container ships: 24 at berth and 32 at anchor. And at that time 19 more container ships were enroute, with the same number due to depart. And that’s at San Pedro besides Long Beach when they are around 6 miles apart.
And this doesn’t cover the product movement problems in the other 9 major ports on the California coastline like Port of Hueneme, and the multiple docking capacities of San Diego, and San Francisco which assists in places like the Port of Stockton and Sacramento in mid-water movement.
They have a major problem down there and it is effecting product movement over a lot of the western US. And it is being caused by Newsome’s actions concerning C-19 actions. so he went from locking down people to products. Same result except products can’t complain at him and get him recalled.
wy69
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.