As some Brazilian ports now require a 40-day wait for vessels to be handled, some Chinese importers of soya have redirected vessels to ports on the US Gulf to pick up shipments from suppliers in that country. In future, however, bulk carriers servicing the Chinese market will use ports on the US West Coast.
Brazilian ports have been impacted negatively by strikes in protest against changes to ports legislation, with the situation exacerbated by infrastructure that is unable to cope with downpours of rain and a record harvest this year. Santos and Paranaguá have been particularly badly affected by strikes.
BC