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Global Gateways: Page 45

'Clock Ticking' on Potential Canada Border Agent Strike

The Canada Border Services Agency — made up of over 9,000 border workers — previously set a June 6 deadline to reach a collective bargaining agreement.

Photo: MayaCom, iStock

Maersk Raises Profit Forecast as Red Sea Disruption Boosts Rates

This is the second time in about a month Maersk raised its forecast as the world’s supply lines are suffering from a number of disruptions.

Photo: iStock.com/U. J. Alexander

Rainy Relief for Panama Canal As Vessel Draft Deepens Ahead of Schedule

As of May 26 — and for the first time in all of 2024 — water levels for Gatun and Alhajuela Lakes are above the mark recorded on the same date in 2023.

Panama Canal, Panama. Photo: iStock / Marina113

Kuwait Reengages With China to Revive Gulf Port Project

A Chinese delegation traveled to the oil-rich Gulf state during the week of May 27, meeting Kuwaiti officials for “in-depth technical and field discussions.”

Kuwait Tower City. Photo: iStock.com/Lukas Bischoff

IMO Denounces Red Sea Shipping Attacks as 'Illegal and Unjustifiable'

The IMO's resolution marks the first instance of the group addressing the issue since Houthi attacks in the Red Sea began in late 2023.

Photo: iStock.com/brunette

The $10K Shipping Container Looms in Latest Trade Strains

With capacity stretched by more than five months of attacks on vessels in the Red Sea, the container shipping industry is scrambling to meet demand.

Shipping containers and cranes at the Port of Savannah in Savannah, Georgia, US, on Saturday, Sept. 9, 2023. The US economy has been looking so solid lately that Federal Reserve officials will probably need to double their projection for growth in 2023 when they publish an updated outlook later this month. Photo: Bloomberg

Delay in Port of Baltimore Reopening Main Shipping Channel

The U.S. Army Corps of Engineers says the project will now likely wrap up sometime between June 8 and 10.

Salvors continue to remove debris from the wreckage site of the Francis Scott Key Bridge collapse as seen from the edge of the remaining bridge that still stands April 17. Debris and wreckage removal is on-going in support of a top priority to safely and efficiently open the Fort McHenry channel. Photo: U.S. Army Corps of Engineers, Baltimore District

Canada Border Agents Threaten to Strike in June

The U.S. Department of Agriculture warned the border agent strike could have “significant impacts” for agriculture trade, producers and consumers.

The Rainbow Bridge that joins the U.S. and Canada near Niagara Falls. Photo: iStock.com/bloodua

Port of Seattle Starts Work on 'Self-Sustaining' Maritime Innovation Center

The renovated building will house 15,000 square feet of new work spaces, as well as areas that can be reserved for meetings, seminars, and classes.

A mock-up of the Port of Seattle's new Maritime Innovation Center. Photo: Port of Seattle

Container Service at Port of Portland Saved Following Threat of Shutdown

Ending container service at the Port of Portland would have made Oregon the only coastal state in the U.S. without a container terminal.

Photo: Port of Portland

Philippines Seeks Asia Logistics Hub Status, Banking on U.S. Ties

President Marcos said the Philippines is seeking greater participation in global value chains and increased foreign direct investments to sustain economic growth.

Philippines president, Ferdinand Marcos Jr. Photo: Bloomberg

Dali Re-Floated, Pulled Out of Baltimore Bridge Wreckage

The U.S. Army Corps of Engineers still expects to fully reopen Baltimore's primary shipping channel by the end of May.

The Dali container ship being pulled away from the wreckage of Baltimore's Francis Scott Key Bridge. Photo: U.S. Army Corps of Engineers

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