The warning is the most direct criticism yet from the Trump administration of Peru’s close ties to China, which is the South American nation’s top trading partner.
DP World's CEO corresponded with Epstein for more than a decade after Epstein’s jail sentence in 2008 on charges that included procuring a minor for prostitution.
No injuries were reported, and the Bangkok Express has since left the port, while the K. Lotus has remained docked to repair damage that it sustained to its mooring system.
The initiative will be rolled out in phases, with the state-backed consortium focused first on acquiring and operating container vessels to serve key trade routes.
While reopening the vital trade route is generally viewed as a positive for the freight industry, it could also have some other unintended impacts on freight rates.
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.
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