The shallow drafts pushed up spot rates on cargo from Asia, although it’s unclear how much was due to reduced loading capacity and how much was used by carrier representatives as simply justification to seek higher rates.

Container carriers have been altering stowage plans for neo-Panamax ships to mitigate the current draft limits, according to the Panama Canal Authority.

The merits of Caribbean ports’ terminal overbuild depends on one’s stake. It's good news for container lines considering hub options in the Caribbean Basin but bad news for terminal operators seeking to entice them.

Cosco Shipping Lines was able to contain the damage from last week’s cyber attack to its operations in the Americas, and cargo handling in the United States, Canada, and South America at its marine terminals was largely unaffected because Cosco isolated its internal networks across its global operations.