The S.C. Ports Authority banks on profit-making strategy to finance infrastructure at Charleston and elsewhere.
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With freight rates already 20 percent lower than in 2015, the London-based shipping consultant is predicting prices will continue to slide in the second quarter of 2016.
Crowley Maritime, a pioneer in a trade that is still restricted under laws such as the Helms-Burton Act and Trading with the Enemy Act, has actually seen volumes fall in recent years as Cubans have begun importing more from Brazil, and perhaps Argentina.