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Recycling the money within the industry will not be enough for states, while a trading scheme would worsen inequity, a recent paper argues

There were 10 listed ship operators in the Jones Act trades in the 2000s. Assuming the sale of Overseas Shipholding Group goes through, the count will be down to two: one containership owner and one coastal tank-barge owner

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