Economic indicator: Cargo ship containers and frequency
Last April I posted how ships coming into the Puget Sound appeared much fuller than last year. In November, I re-visited Marrowstone Island and was able to observe the frequency and cargo of container ships. Things are stabilizing…
November 2010 cargo ship:
Similar boat, April 2010:
You can count the cargo containers, but the results are similar. They’re stacked 6-high on each boat, with similar tapering towards the front of the boat. It appears cargo ships are using the same capacity per boat.
But what about frequency of boats? I counted the same number of boats (2) in both April and November. No signs of weakness, nor signs of strength.
When the boxes are stacked 7-high, or carriers add a 3rd boat per day, we’ll know things are improving.