by Stas Margaronis Mar 08, 2023
Are MSC and COSCO poised to be ocean carrier growth leaders?
MSC and COSCO will be the growth leaders in container shipping as other carriers such as Maersk focus more on logistics, according to noted global container shipping analyst Lars Jensen, principal at Vespucci Maritime.
Flexport’s CEO Clark promises to bring Amazon values to freight forwarding
“I really got to build something for Amazon… I wanted to go out and do it again” - Dave Clark
Port of Long Beach’s Cordero proposes 400 acre wind farm manufacturing terminal
The Port of Long Beach is proposing a 400 acre state-of-the-art wind turbine manufacturing facility producing floating wind turbines for new California wind farms, according to the Port’s Executive Director Mario Cordero.
ONE’S Nixon says decarbonizing shipping could add $2,000-$3,000 per container
Ocean carriers should focus on transitioning from fossil fuels to decarbonized green fuels but expect an added cost of between $2000-$3000 per forty-foot container, warned Jeremy Nixon, CEO of Ocean Network Express (ONE).
AGTC’S Friedmann says ILWU/PMA impasse could result in permanent West Coast port losses
The current impasse over the West Coast dockworkers’ contract is worse than during disruptions seen in the last contract talks of 2014-2015.
AWO’s Carpenter says offshore wind could be the biggest U.S. maritime opportunity “in a generation.”
“Offshore wind has the potential to be the biggest new opportunity for the domestic maritime industry in a generation.” - Jennifer Carpenter, president and CEO, American Waterways Operators (AWO)
U.S. faces “many gaps” in manufacturing offshore wind farms
There are “many gaps in the U.S. manufacturing sector and in its infrastructure and planning activities which pose a significant barrier to the development of offshore wind,” according to a co-author of the recently released U.S. report on wind farm supply chain prospects.
Port of Muskogee recovers from 2019 floods supported by U.S. infrastructure funding
Both U.S. political parties need to support more infrastructure spending, including for the inland waterways and recognize that barge transportation can provide major cost savings compared to truck and rail, according to Kimbra Scott, port director, Port of Muskogee, Oklahoma.
An Interview with John McCown
John McCown, author of the widely cited McCown Report, is an industry veteran who sees a fundamental shift away from West Coast ports to East Coast and Gulf coast ports where projections indicate that 75% of U.S. trade should be shipped compared to 25% for the West Coast. McCown is the former chairman and CEO of Trailer Bridge, the founder of Blue Alpha Capital where he is working on financing an offshore wind turbine installation vessel. McCown is also Non-Resident Senior Fellow at the Center for Maritime Strategy with the Navy League of the United States where his focus is on the intersection of merchant shipping and maritime commerce with national security.
Port of Long Beach’s Cordero emphasizes zero emissions
Mario Cordero, executive director of Port of Long Beach emphasized the Port’s success in upgrading its terminals toward zero emissions: “Our terminals have accomplished so much and when it comes to our remarkable zero-emission demonstration projects … since our determination in November 2017 to achieve zero emissions.”
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