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Port of Los Angeles chief executive Gene Seroka believes the new tariffs announced by the White House are limited and will not adversely affect trade in the San Pedro Bay. Meanwhile, US consumers continue to propel strong import demand nationwide, with both port of Los Angeles and Long Beach posting strong April figures
Methanol and ammonia ships will need double the volume of fuel for the same energy. Maersk head of fuel transition Sameer Bhatnagar said ports must prepare
Sentiment was grim on US-listed containership lessors such as Global Ship Lease in the aftermath of the pandemic boom. But Red Sea diversions combined with a surprise rebound in freight demand has led to a significant turnaround. Shares are riding high
Reduced payouts appear to validate controversial decision to say goodbye to members with worst loss records
The Philippines government welcomed the project as a chance to revive shipbuilding capacity