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Global Gateways: Page 44
Maersk to Invest $2B in Pakistan Ports, Transport
The investment will contribute to the development of infrastructure, and play a vital role in boosting Pakistan's economy, said Pakistan’s Minister for Maritime Affairs, Qaiser Ahmed Sheikh.
Busiest U.S. Ports Absorb Import Surge Nearing Pandemic-Era Frenzy
It's hard to know whether peak shipping season started early, and trade volumes will level off soon, or if importers will continue bringing in more than usual.
Port of Los Angeles Handles Record Cargo Volumes in July
Staring down the looming threat of a work stoppage at East/Gulf Coast ports, retailers have opted for earlier shipping schedules in 2024.
Oil Tanker Attacked Three Times in Single Day in Red Sea
Houthi rebels have not claimed responsibility for the attacks, but have targeted at least 70 other ships in the Red Sea since October of 2023.
Thailand Races to Stop Toxic Waste Cargo on MSC, Maersk Ships
Thailand and other Southeast Asian countries have seen an influx of trash from developed countries, from dirty plastic to industrial and electronic waste.
Port of Ulsan Signs $17.6M Deal to Expand Green Fuel Storage
The port plans expand its storage capacity for liquified natural gas, and set up corridors to provide that fuel to other shipping hubs across South Korea.
ILA Sets Date to Prep for Potential East Coast, Gulf Port Strike
The union for Atlantic and East Coast port workers is planning to meet in September to look over its final contract demands.
Weeklong Delays at Bangladeshi Port Caused by Political Unrest
Clothing factories have been shuttered for two days, with the customs process all but suspended, and exports forced almost to a halt.
South Africa Can Fix Backlogged Ports in a Year, Minister Says
The collapse of rail, ports and other infrastructure — exacerbated by years of poor governance — have hamstrung Africa’s most industrialized economy.
Maersk Sees Global Trade Disruptions Lasting Throughout 2024
The extra vessel capacity needed to sail around Africa has pumped up freight rates at a time when the market was entering a post-pandemic slump.
Port of LA Struggles With Shift in Power Supply
The problem threatens the bid to phase out diesel-powered machinery by 2030, because the shift means cargo-handling companies are becoming more dependent on the electric grid.
Drug Seizures Rise at Mexico Ports Amid Fight With Cartels Over Shipping Hubs
Drug cartels typically rely on Chinese suppliers to smuggle precursor chemicals in shipments to ports they control up and down Mexico's coast.
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