After the initial rush of the new year, activity seems to have declined in most areas, but not massively. Rates on some routes out of the United States and Europe fell, but higher levels are being paid from Asia and the Middle East Gulf to India.
U.S. Gulf of Mexico
The number of smaller units open in the U.S. Gulf has declined, which has prompted a slight increase in freights from the Gulf to the east coast of Mexico and also in the Caribbean. Furthermore, freezing temperatures in the U.S. Gulf caused a number of plant and terminal shutdowns last week, disrupting traffic through some ports.