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Apr 08, 2023

Don’t equate ‘normal’ ocean shipping market to stability: analyst

The disruptions happening now are a repeat of events in April when ILWU locals up and down the coast slowed cargo handling to gain leverage on local issues, which prevented coastwide negotiators from addressing broader issues such as wages and pension benefits.

The ports of Boston and Halifax are getting additional trans-Atlantic coverage through a new rotation on Mediterranean Shipping Co.'s north-south service from Ecuador.

The air and ocean shipping sectors have set out their decarbonization agendas, but policy help is urgently required to underpin investment in new fuel technology and production, a global trade group says.

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