Container vessels stuck at anchor off California are grabbing the headlines. But there’s another massive shipping traffic jam out there, one that’s holding up even more cargo. This other, less-publicized tale of seaborne gridlock is set in China and it’s not about container ships, it’s about dry bulk carriers. Bulker congestion has now risen to historic highs as China enforces stricter COVID rules for arriving vessels. And what happens in China will be felt in America. Every bulker stuck at… Source link
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