The prevalence of global inflation, at least over the course of the past year, has been significantly on the rise. In fact, according to the International Monetary Fund (IMF), inflation rates around the world have recently reached an average of 8.7 percent.
New U.S. infrastructure funding will improve grain and energy shipments transported along the inland waterways thanks to improved port, lock, and dam upgrades, according to Paul Matthews, executive director of the Port of South Louisiana
On May 2nd, the Bay Conservation Development Commission (BCDC) staff recommended overturning an earlier Seaport committee vote that rejected the Oakland A’s application for redesignating the Howard Terminal site for real estate use.
Steven King is the managing director of Quonset Development Corp (QDC) which manages Quonset Business Park (QBP) a 3,200 acre business park located on Quonset Point, (North Kingstown) Rhode Island. Besides the 200 plus companies located within the QBP is the Port of Davisville, one of the country’s top auto ports with numbers over 300,000 in most years, although with COVID and other disruptions the Port slipped under 200,000 in 2021.
Paul Snell, chief executive officer, British American Shipping, Long Beach, California, suggested that a coastal feeder ship service linking the Ports of Los Angeles, Long Beach and Oakland could relieve Southern California port congestion.
The United States is facing growing challenges exporting agricultural products abroad at a time when it lacks the U.S. flagged vessels to support international trade, according to panelists addressing a Maritime Day symposium entitled “Do U.S. Exporters Need U.S. Ships?”
The Port of Oakland Turning Basin expansion, crucial to allowing mega containerships to expeditiously dock at the Port of Oakland, could be in jeopardy if the Bay Conservation and Development Commission approves the Oakland Athletics application to exclude the Howard Terminal site from its current seaport designation, according to Mike Jacob, vice president and general counsel, Pacific Merchant Shipping Association (PMSA).