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Global Gateways: Page 34

Fink Phoned Trump Directly to Pitch BlackRock’s Panama Deal
As Trump publicly complained about China’s influence over the canal, Panama’s government weighed whether to cancel its contract with CK Hutchison to operate the ports.
Larry Fink, chairman and CEO of investment firm BlackRock. Photo: Bloomberg
Panama’s President Accuses Trump of Lying to Congress Over Canal
Trump told lawmakers in Washington on March 4 that Panama had broken the agreements it made when it took over the waterway a quarter-century ago.
A ship in the Cocoli Locks of the Panama Canal in Panama City. Photographer: Tarina Rodriguez/Bloomberg
Dockworker Union Ratifies Six-Year Contract at Eastern U.S. Ports
Employers got assurances that ILA leadership would work with local chapters to address a lack of labor reliability port operators say introduces uncertainty and makes it hard to plan.
Photo: iStock/sandsun
Automation Will be Tempered by Job Preservation: Port of Miami
“We’re a strong union port and we don’t believe in replacing jobs through AI,” said Hydi Webb, port director for PortMiami.
Photo: iStock/Art Wager
Port Deal Talks Between Turkey and Abu Dhabi Fall Apart
The Turkish government has been negotiating with a group controlled by Abu Dhabi sovereign wealth fund since 2023.
Ship-to-shore cranes and shipping containers at the commercial Port of Izmir, also known as Alsancak Port. Photo: Moe Zoyari / Bloomberg
SoCal Ports Saw Record January Ahead of Trump Tariffs
Cargo handlers at the Port of Los Angeles moved a total of 924,245 containers in January, an 8% increase over the same period last year.
Los Angeles, California. Photo: iStock / KKStock
ILA Sets Date for Members to Vote on New Contract
The benefits outlined in the deal will apply retroactively going back to October 2024, and will remain in effect through September 2030.
Photo: iStock / Edgar Feliz
Red Sea Ship Traffic Slow to Resume as Ceasefire Risks Swirl
Top executives from the world’s biggest shipping companies have cautioned that any return to the Red Sea is likely to be slow given the volatility of tensions in the Middle East.
Photo: iStock / IgorSPb
Chinese Ports See Record Traffic Ahead of U.S. Tariffs, Lunar New Year
Shanghai’s port processed a record 5 million containers in January, well above any previous month according to data going back to 2007.
Gantry cranes and shipping containers at the Yangshan Deepwater Port in Shanghai, China. Photographer: Qilai Shen/Bloomberg
Panama Refutes U.S. Claim of Deal to Cut Canal Fees
"They’re making an important, institutional statement from the entity that governs United States foreign policy based on a falsity," Panama's President, José Raúl Mulino, said.
A tugboat navigates a container ship into the Culebra Cut from the Chagres River near Gamboa, Panama. Photo: Walter Hurtado/Bloomberg
Transits Through the Panama Canal are Down 10%
BIMCO said routes around the Cape of Good Hope or Cape Horn have been perceived as more reliable and flexible.
Several freighters, assisted by tugboats, entering the Panama Canal at Gatun Locks on the Atlantic side. Photo: iStock / searagen
Navigating Five Complexities of Mexico-U.S. Cross-Border Logistics
While Mexico is quickly becoming an important destination for offshore manufacturing, transporting goods across the border still presents a unique set of challenges.
Photo: Shutterstock
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