Newbuilding Activity Picks Up

Newbuilding Activity Picks Up
Newbuilding ordering activity kept up its rising trend over the course of the previous week. In its latest weekly report, shipbroker Allied Shipbroking said that “newbuilding market activity was kept at firm levels during the past week given the fair flow of fresh...
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Southern California’s Container Ship Backup Ends

Southern California’s Container Ship Backup Ends
Officials declared an end to the backup of ships at Southern California’s ports more than two years after vessels began lining up in weekslong queues that became one of the most visible signs in the U.S. of the pandemic-driven turmoil in supply chains. The Marine...
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