The USTR also has yet to provide details who would be collecting the fees, or how the money would be directed back into U.S. shipbuilding, said World Shipping Council CEO Joe Kramek.
Henry Wilkinson, chief intelligence officer with Dragonfly Intelligence, describes the current threats to global shipping and aviation posted by geopolitical conflicts.
China's UN Ambassador Fu Cong said all parties should restrain "the impulse of force... and adding fuel to the fire," according to a state-run CCTV report.
Many technologies that shipping companies are testing to curtail emissions tend to be complex and costly with an uncertain return on investment. Not this one.
False location signals and jamming of vessels’ navigational equipment have become a growing feature of the commercial shipping industry in the past few years.
The latest news, analysis, services and systems regarding ocean transportation and its impact on global supply chains. Today’s companies are transporting and delivering container shipments in a more efficient manner than ever before using new services and technologies that provide information en route - allowing them to stay ahead of the competition in their industries. As ocean cargo services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using ocean shipping solutions to power their supply chains.
Subscribe to our Daily Newsletter!
Timely, incisive articles delivered directly to your inbox.