COS Weekly Newsletter
Imports at major US retail container ports are expected to see a sharper-than-usual decline this month as the coronavirus causes factory shutdowns in China. While February is historically a slow month for imports due to factories closing for the Lunar New Year, many Chinese factories have already stayed closed longer than usual, with no indication of when they may reopen. February is currently forecast to be down 12.9 percent year-over-year at 1.41 million TEU, while March is expected to down 9.5 percent year-over-year at 1.46 million TEU. Before the coronavirus outbreak, the NRF had forecast February at 1.54 million TEU and March at 1.7 million TEU.
Feb.12 - COS Board of Directors Meeting
Feb.17 - Family Day | COS Office Closed
Feb.19 - VGE Board Meeting
Feb 21 - Liner Committee Meeting
Feb.26 - PACMAR/NANS Committee Meeting
Feb.27 - Vancouver Shipping Lunch
Feb.28 - COS Annual General Meeting
Mar. 5 - VMAA Board of Directors Meeting
Mar. 6 - IIMS Canada Conference Canada
Ship of the Week
On Valentine's Day, we thought it would be appropriate to feature the Ro-Ro cargo vessel named Valentine that CLdN Cobelfret Ferries operates on the River Thames with ports of call in Zeebrugge, Killingholme and Purfleet.
LOA: 162.49 m
Breadth: 25.64 m
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