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Day: April 26, 2010

Panama Canal signs first East Coast agreement

Panama Canal and Alabama port executives have signed a Memorandum of Understanding (MOU) to jointly help foster commercial activity between the two entities … and help boost trade along the increasingly important...

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Overcapacity to Last Years, says OOCL Chief

OOIL Group Chairman CC Tung said Tuesday that it could take three to four years before the container industry works its way out of the glut of vessel capacity that hangs over the market. “We are pleased to see that after a very...

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