Severe Congestion at Shanghai Port Continues
Apr 24 2017

The world's busiest container port, Yangshan in China's business hub of Shanghai, is battling severe congestion wrought by dense fog, higher-than-usual volumes and the aftermath of a shake-up in shipping alliances, ocean carriers and port officials say. More than 100 container vessels are now waiting outside the port.   The fog started in early April and the congestion has recently ...
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Problems with Tugs and Infrastructure Hobble New Panama Canal Locks, says Masters, Mates & Pilots
Apr 24 2017

Larger ships, known as Neopanamax, were expected to visit ports on the Eastern Seaboard this year, bringing shipping containers from Asia through an expanded Panama Canal. But due to insufficient operational resources within the Panama Canal, far fewer ships than expected have made the passage.   The $9.4 billion investment by the Panama Canal Authority in a third set of locks was supposed ...
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Initially Preferred Routes for Revolutionary Freight and Passenger Transport System Revealed
Apr 24 2017

Hyperloop One, the potentially revolutionary new transportation mode now under development, has completed a year-long consultation to examine and define routes that would most benefit the U.S. economy and its citizens, in what the company believes will be the first step in revolutionizing American, and indeed the world's, transportation infrastructure. Proposals were made by local stakeholders and...
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YANG MING SUSPENDS SHARE TRADING UNTIL MAY 4 AS PART OF RECAPITALIZATION STRATEGY
Apr 24 2017

Taiwanese container shipping line Yang Ming yesterday suspended trading in its stocks on the Taiwanese stock exchange until May 4, to enable it to reduce its equity capital by more than 50%.   This step follows the January announcement that the Taiwanese line was pursuing a number of strategies, including seeking government and private investment in a bid to recapitalize after losing more t...
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TemplateAs CETA looms, Canada braces for the European cheese invasion
Apr 09 2017

This is a big month for our dairy sector. We will soon find out who gets to import that delicious, inexpensive European cheese that is allowed under the newly ratified Canada-European Union Comprehensive Economic and Trade Agreement (CETA). While some measures were taken last fall by the federal government to make our dairy sector more competitive, the most recent federal budget did not add anythin...
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