THE PORT of New Orleans last week handled its first commercial container vessel – the Lykes Flyer - since Hurricane Katrina hit. At the time of writing, the Mississippi River was open to ships with a draught of 41 feet during daylight hours only.
A new Sea-Intelligence analysis warns that resuming Suez transits could release 2.1 million TEU of capacity but may also unleash a wave of congestion at European ports.