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Ocean Transportation: Page 94

Germany is Reviewing If Cosco Can Buy Hamburg Terminal Stake
Berlin is expected to adopt a more critical stance on China following Beijing’s increasingly militaristic threats against Taiwan.
Photo: Bloomberg
Brookfield Infrastructure to Buy Triton in $4.7bn Deal
Brookfield agreed to buy Triton International Ltd., the world’s largest owner of intermodal shipping containers, for $4.7 billion.
Photo: Bloomberg
Dramatic Improvements in U.S. West Coast Dwell Times, Figures Show
The decrease in dwell time has been aided by the shift in trade patterns, with many shippers opting to use the Port of New York and New Jersey instead.
Morgan's Point - The Port of Houston. Photo: iStock.com/Art Wager
Sea-Air Freight Service from Asia to Africa Launched by Aero Africa
Aero Africa is launching a new sea-air transport product that will provide transportation from Asia to 70 different African destinations.
The Port of Dubai. Photo: iStock.com/Photoservice
Tanker Unloads Russian Crude in Ghana After Six-Week Wait
Clearance was given after claims that the cargo was from Kazakhstan, but data intelligence firms Vortexa and Kpler showed it originated from Russia.

Photo: Bloomberg
CMA CGM's Saade Forges Ahead With China, Media Deals
The executive said he’s ordering new ocean-going vessels despite a slowdown in the industry following a boom during the pandemic, when some freight rates rose to record levels.
Rodolphe Saade. Photo: Bloomberg
Shock OPEC+ Output Cuts to Hit Demand, Rates for Oil Tankers
The production cuts will probably lead to a real loss in supply and tighten global oil markets because those doing the cutting are largely pumping at their quotas.
Photo: Bloomberg
U.S. Campaigned to Stop Chinese Bid on Key Port in Croatia
The Croatian government awarded a $3 billion contract to build and operate a container terminal to Maersk-owned APM Terminals, after canceling a tender that had been given to three Chinese state-owned companies.
The industrial and port city of Rijeka, with Krk bridge in the background. Photo: iStock.com/Marilena Dragoslavic
Russia and India Discuss Northern Sea Shipping Route
Russia wants the route to become a major shipping lane and has invested heavily in infrastructure there.
A Russian Icebreaker on the water in Arctic Ocean toward to the North Pole. Photo: iStock.com/Sergey Zemnuhov
Aging Shadow Fleet Carrying Russian Oil Poses Disaster Risk
The aftermath of European Union sanctions on Russia mean that some older vessels may not be properly inspected and maintained, leading to a catastrophic accident at sea.
The oil tanker Prestige sinks off the northwest coast of Spain in November 2002. Photographer: Douanes Francaises/Getty Images
Outrage at New Project for Company Behind P&O Layoffs
P&O Ferries, owned by DP World, laid off hundreds of seafarers in March 2022 and replaced them with foreign agency workers paid less than the minimum wage.
DP World's London Gateway port. Photo: iStock.com/LeeGillion
Oil Tankers Divert Away From Strike-Ridden French Ports
France released strategic stockpiles of oil products in March to avoid fuel shortages as the strikes blocked fuel movements from many local refineries.
Photo: Bloomberg
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