Outlook 2020: Ocean shipping finance to tighten further
Capital constraints should keep ocean shipping capacity in check, a plus for rates.
Capital constraints should keep ocean shipping capacity in check, a plus for rates.
Customs and Border Protection moved the nationwide tests to early April and October “due to limited availability of testing sites and to ensure the integrity of exam conditions.”
A strong U.S. economy should see Europe-North America container volume growth of 3%+ next year, but clouds hover over the trade.
Matson has taken delivery of the largest container/roll-on, roll-off ship ever built in the U.S.
Concerns rise that shipping can’t recoup cost of IMO 2020-compliant fuel.
The Commerce Department’s Bureau of Industry and Security will expand export licensing requirements for technologies intended for military applications.
DP World has been awarded a contract that will result in expansion of a container terminal in Jeddah, Saudi Arabia.
A global effort is underway to slash harmful emissions from ocean-going ships. Liquefied natural gas will likely play an important — but only partial — role in that endeavor.
Cargo on board a ship has frequently been the cause of damage or total loss.
A trade war truce is not stopping multinationals from exploring alternative sourcing options to China, but moving supply chains is difficult, says expert.
The Department of Justice says a jury has found tanker owner Evridiki Navigation guilty of violating a pollution law, but an appeal is planned.
The Chinese government said the tariff reductions will help expand imports of key consumer products.
CMA CGM has finalized agreement to sell 10 terminals to Terminal Link.
Maersk says two of its offices in Brazil were raided, apparently as part of a federal corruption probe.
The U.S. Federal Maritime Commission will proceed with proposed rule to eliminate the requirement for vessel-operating common carriers to publish essential terms of service contracts.