Port of Charleston Reduces Backlog and Sets Latest Monthly Cargo Record
The Port of Charleston in South Carolina set yet another monthly cargo record in April while also making “significant progress” with port and berth “fluidity,” i.e. reducing congestion. South Carolina Ports reported its busiest April on record, marking the 14th consecutive month of cargo records at the Port of Charleston. Strong volumes were driven by retail […]
FMC to intensively monitor pricing and capacity tactics of ocean alliances
The independent federal agency of the United States, Federal Maritime Commission (FMC) has announced enhanced monitoring of the three global container shipping alliances. FMC said in its latest statement that “the three global ocean carrier alliances and each of their member companies will now be required to provide enhanced pricing and capacity information.” The commission […]
Will The Black Sea Become The Next Front In The Ukraine War ?
On the surface, the tiny Ukrainian navy, just 5,000 active-duty sailors and a handful of small coastal boats, appears to be significantly overmatched by Russian maritime forces. The Kremlin’s Black Sea fleet consists of over 40 frontline warships. The Russians seem poised to cut off the Ukrainian economy from access to the sea — essentially re-creating the […]