In his New Year address to company employees, the president of Japanese shipping group Mitsui OSK Lines (MOL) said he expected the container to remain “very difficult” for the next three to four years. He said: “Using the...
Read MoreWith the recession showing signs of ebbing, Gulf of Mexico ports hope hundreds of millions of dollars in expansion projects proposed before the downturn will help them capture more trade as the world economy recovers. A US$5.25...
Read MorePanama President Ricardo Martinelli symbolically hoisted the Panamanian flag at a special ceremony held to mark a decade of national stewardship for the Panama Canal at year end. The canal, a vital trade artery for world trade...
Read MoreThe construction industry collapse and last fall’s credit crisis sharply cut into shipping activity at the Port of Stockton, its director reported Wednesday: “We saw a decrease in construction-oriented shipping, such...
Read More