President Trump says he is frustrated with the slow pace of major construction projects like highways, ports and pipelines. Last summer, he pledged to use the power of the presidency to jump start building when it became bogged down in administrative delays.
In the past year, political shakeups around the world have added new layers of complexity to the already complex ocean supply chain. Within this, trade sanctions in particular have evolved dramatically in the last few months, and are putting greater pressure on companies to remain compliant.
Trade between China and countries along the Belt and Road reached a value of $786bn in the first three quarters of this year, up 15 percent on the same period last year.
Container shipping is emerging from a painful six-year slump, but a glut of tonnage that will hit the water over the next two years threatens to derail the nascent recovery.
The global shipping industry has come of age with more automation, game-changing technologies and the-internet-of-things. But embarking on this voyage has also made it a prime target for unforeseen, invisible, and highly destructive cyberattacks.
Challenge: Next generation ships carry more cargo than ever before. How can a port increase throughput in an environmentally sustainable manner while ensuring speed to market at destinations around the country?
The Pacific Merchant Shipping Association (PMSA), a non-profit group that represents West Coast terminal operators and shipowners, has called for changes to the Clean Air Action Plan (CAAP) put forward by the ports of Los Angeles and Long Beach.
Shanghai International Shipping Institute recently published its Global Port Development Report for the second quarter of 2017, saying that cargo throughputs at major ports around the world continued to rise.
U.K. traders say that blockchain could automate and systematize the administrative burdens of customs oversight generated by an impending customs regime, following the recent announcement by Brexit Secretary David Davis that a new customs system will be in place by 2019.