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What’s happening in the world affects your business. We find out the latest news and updates and share it with you here and in our weekly industry update newsletter.
US discusses Red Sea naval escorts with allies
The US is in discussions with allies to create a naval task force to chaperone merchant ships through the Red Sea amid a severe drop in security in waters off Yemen
12.06.2023
2024: A ‘Pivotal Year’ for POLB’s Pier B Rail Facility
The Port of Long Beach (POLB) on Nov. 29 announced that after more than 15 years of planning, it is going out to bid in early 2024 for its first construction contract to begin building the $1.567 billion Pier B On-Dock Rail Support Facility, which will be built in phases with the final segment due to be completed in 2032
12.06.2023
More container ships could be held up if Red Sea tensions escalate
Any intensification of ship attacks in the Red Sea could tie up 30% of the boxship fleet as more vessels will need to be rerouted, according to Linerlytica’s latest report today (5 December)
12.06.2023