Canadian Rail Disruptions / Coronavirus Impacts Continue

From the desk of Captain Jeffrey Monroe, MM, AMPE CANADIAN RAIL BLOCKAGE IMPACTING MARITIME SHIPMENTS Canada’s international and domestic cargo movements are being impacted by rail blockades impacting rail lines in Canada over proposed pipeline construction. Grain shipments have been impacted significantly for example. Over the last month, grain shipments to Canadian ports dropped by 475,000 metric tons from a year earlier, costing the industry as much as C$130 million ($98 million) from lost sales, contract penalties, and demurrage according to grain handlers in Canada. There are approximately 53 ships waiting for grain in Vancouver and Prince Rupert. In addition, the rail blockade in eas

Coronavirus Impacts Deepen

From the Desk of Capt. Jeff Monroe, MM, AMPE International Association of Maritime and Port Executives The Coronavirus has captured the attention of the world as the disease spreads and more deaths are reported. The impacts on world shipping are also being felt. Chinese manufacturing has slowed considerably with workers not producing manufactured goods and shipments dropping off. In Chinese ports, some container ships are sailing with as little as 10% of their normal cargo loads and ocean carriers are suspending calls to several major Chinese ports according to the Wall Street Journal. Carriers are estimated to be losing $350 million USD per week due to decreased volumes. Shipping rates




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