The strike at ports that handle about a quarter of Canada’s total traded goods reduced arrivals of container ships and diverted vessels to U.S. facilities.
The Iranian-flagged vessel was apprehended July 7 while carrying out the illegal transshipment of oil to a Cameroonian tanker inside of Indonesia’s exclusive economic zone.
The construction deal will reportedly be divided between Nihon Shipyard, a joint venture between Japan Marine United Corporation and Imabari Shipbuilding Co., Ltd., and Samsung Heavy Industries (SHI).
For every day that the strike goes on, supply chains will need an additional three to five days to recover, the Railway Association of Canada estimates.
The latest news, analysis, services and systems regarding ocean transportation and its impact on global supply chains. Today’s companies are transporting and delivering container shipments in a more efficient manner than ever before using new services and technologies that provide information en route - allowing them to stay ahead of the competition in their industries. As ocean cargo services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using ocean shipping solutions to power their supply chains.
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