13 Mar 2014
There have been more reports on the downturn in global shipping traffic, particularly in the container trade.
Latest figures have Chinese box traffic down 17% in February year-on-year and throughput in major US ports dropping by a similar amount.
Imports into Los Angeles and Long Beach dropped last month by an average of over 30%.
"The numbers are now showing what we've been seeing for the past few months - fewer ships, fewer containers and, most troubling, less work for those in port-related businesses," Richard Steinke, executive director of the Port of Long Beach, was reported saying.
Bunker suppliers have already told Bunkerworld that they expect some impact on marine fuel sales, and February figures reported from Singapore saw volumes at a fifteen-month low in the port.
The latest poll on Bunkerworld asks: What will be the impact on global bunker sales of the current downturn in shipping?