COVID-19 Port Detentions #Infographic

Daily Infographic: COVID-19 Port Detentions #Infographic

Further port detentions — and travel diversions to encourage changes in crew and avoid detentions — reducing successful ship capacity. Lower capacity curtails the ability of shippers to move freight across the globe.

It would also increase spot prices, a plus for ship owners who aren't detained or diverted. For shipowners, the "freshness" of crew contracts will become a competitive advantage and a metric vetted by charterers.

Daily Infographic: COVID-19 Port Detentions #Infographic
Infographic by:https://www.freightwaves.com


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