The Fifth Fleet, which is based in Bahrain, said the guided-missile cruiser USS Monterey intercepted the vessel and discovered the cargo during a routine boarding, in a two-day operation on May 6-7.
Reefer container freight rates have risen sharply this year but remain far outgunned by the inexorable rise in dry box pricing, according to Drewry’s newly launched Reefer Shipping Forecaster report.
When the Tacoma LNG Terminal becomes operational in the second quarter of 2021, it will be the first such terminal on North America’s west coast providing direct shoreside loading access for a bunker barge.
