The new president immediately put the world on notice that his administration will combat unfair trade practices, which many interpret as a return to protectionism.
Just 10 percent of longshoremen requested by terminal operator employers came to work on Friday, bringing vessel operations to a near standstill at the Northern California port, according to port spokesman Mike Zampa.
Chaos in the ocean shipping industry has led to a winter of shippers’ discontent as freight transportation managers scramble to determine how carriers will meet their transportation requirements after several carrier mergers and acquisitions took place.
Registration takes less than 1 minute.
The S.S. Detroit, also named the U.S.S. Tangier, was built in 1940 as a C-3 freighter and fired the first American shot of World War II before being sold to Sea-Land in the 1960's for conversion to an automobile carrier.
Members of the 2M Alliance - Maersk and MSC - reached a space-sharing deal with HMM, which they said is “outside the scope” of the 2M Alliance, but will involve HMM buying slots on 2M vessels and 2M partners purchasing slots with HMM on selected routes.
The Danish conglomerate said at its 2016 Capital Markets Day presentation that it wants container shipping to once again become a growth business for the company, while APM Terminals will focus less on developing and more on filling up existing facilities.