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Think Tank
Ocean Transportation: Page 70
Biden Admin Supply Chain Initiative Starts Sharing Critical Data With Freight Hubs
The Biden Administration's FLOW initiative was first launched in March of 2022 as a response to supply chain disruptions brought on by the pandemic.
Ukraine Regains Dominance of Black Sea, Enabling Resumption of Grain Exports
Ukrainian farmers have sharply increased sales since Russian warships were pushed back by attacks with Ukrainian naval drones.
China's Container Market Stays Stable Because of Supply-Demand Imbalance
The market for containers is witnessing a significant mismatch between buyer and seller price expectations, because of continued strong demand.
Panama Canal Adds Transit Slots as Restrictions in Crucial Corridor Begin to Ease
A pair of slots are up for auction for transit dates starting on March 18, with an additional slot for dates beginning on March 25.
Cargo Volumes Skyrocket to Pre-Pandemic Levels at Port of Los Angeles
To start 2024, the Port of Los Angeles has already moved an estimated 1.6 million TEUs, marking a 35% bump over that same period last year.
ONE Secures Initial CO2 EU Allowance Transaction
All shipping companies are mandated to monitor, report, and verify their greenhouse gas (GHG) emissions annually in order to determine the EUA that they need.
Ships Face Growing Threat From Somali Pirates, EU Warns
Ships have been attacked at 600 miles or more from the Somali coast, and pirates are believed to be operating in a zone that spans more than 1,000 miles.
Smart Green Shipping Begins On-Land Testing of FastRig, a Shipping Wingsail
The recyclable, retractable, autonomous wingsail is designed to reduce fuel emissions from an ocean-going vessel by up to 30%.
Biden Admin Hands Out $50 Million in Grants for Crucial Transportation Safety Projects
The grants will fund 34 projects across 22 states, the District of Columbia, and Puerto Rico.
Steelworkers Union Demands Investigation into ‘Unfair’ Chinese Shipbuilding
U.S. steelworkers claim China has established a stranglehold on shipbuilding to dominate global trade.
Pirates Board Commodity Ship Off the Coast of Somalia
The attack is the most recent sign of a fresh bout of Somali piracy in the Indian Ocean, coinciding with a slew of attacks on merchant shipping in the Gulf of Aden and the Red Sea.
Chinese Crane Maker Refutes U.S. Cybersecurity Concerns
The Biden administration recently announced it would replace the nation’s Chinese-built port cranes with Japanese ones.
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