Cold snap leaves bulk cargo ports in a jam

Cargo ships have been queuing for an average of 27.5 days to collect coal at Dalrymple Bay in Queensland, Australia, according to the analyst Global Ports.

172 Capesize ships, the largest carriers of bulk commodities, were stuck in queues – nearly a fifth of the 960 Capesizes afloat.

The Financial Times says the average spot market cost of chartering a Capesize ship is about $42,242 a day. It is estimated that 35 Capesizes were waiting to berth at the main Chinese unloading ports of Caofeidian, Beilun and Qingdao.

Massive ice floes threaten northern China ports – January 14

Worst ice threat in 30 years – January 11

China’s Tianjin port faces worst ice threat in 30 years – January 9

China port faces worst ice threat in 30 years – January 9

China port faces ice threat – January 9
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Cargo Ships Pass Through Arctic Easily Due to Global Warming – September 1999