The American Association of Port Authorities (AAPA) has announced the launch of a campaign that will advocate for transportation infrastructure investment on behalf of the nation's manufacturers, farmers and other workers who count on modern and efficient seaports to move American products to vital overseas markets.
The American Association of Port Authorities (AAPA) has voiced its concern over the potential of significant declines for most federally funded, port-related programs in President Donald Trump's fiscal 2018 budget.
The viability of the international container ship transportation industry depends on vibrant trade between distant nations, and that trade depends on cost-competitive manufacturing industries in the exporting nations, mainly China.
The latest Container Shipping Forecaster from Maritime Strategies International reports that almost two months into 2017, the liner sector is finding itself in positive territory. Each of the industry's drivers - demand, supply and earnings - have started the year in healthy shape and MSI expects the sector to move into the next quarter with a reinforcement of this encouraging trend.
By majority vote, the Members of the European Parliament have agreed to include shipping in the European Emission Trading Scheme (ETS) Directive as of 2023, unless there is a comparable system agreed under the auspices of the IMO by the end of 2021.
As global energy demand rises, the market for LNG continues to expand. Set to increase by 50 percent between 2015 and 2020, the LNG market is one of the fastest growing in the world.
