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On the same day U.S. launched tariffs on $34 billion worth of Chinese goods, the Port of Oakland director called for strengthening the port's trade relationship with Japan in a press release.
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Members of the Ocean Alliance met in Hainan, China, on Friday to sign a five-year extension of the "world's largest operational agreement between shipping companies," according to a CMA CGM press release.
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The Ocean Alliance is facing a profound network shake-up as its members prepare to welcome a large tranche of ultra-large containership (ULCV) capacity next year.
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The three major ocean carrier alliances began to drastically restore schedule reliability in the second quarter of this year, after letting service levels drop to new lows at the start of 2018, according to SeaIntel Maritime Analysis' June 2018 Global Liner Performance Report.
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Ocean carriers continue announcing the suspension of freight to and from Russia and Ukraine
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Legislation overhauling container trade regulations could spark protectionist ‘race to bottom’ with US trade partners, carrier lobby warns.
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Join BDP's team of experts for an exclusive discussion on the rough waters of the current ocean freight market. From capacity to congestion, we'll take an in-depth look at market trends, the factors contributing to ongoing disruptions, and the ever-changing challenges that continue to impact global supply chains.
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After an extremely turbulent and unpredictable 2021, it is only natural to hope for some semblance of normality to emerge in 2022. However, when the underlying data and trends are analyzed, it becomes clear that 2022 will - at best - be seen as a transitional year, and not as a year of calmness and predictability. In this session, we will look more closely at why this is the most realistic outlook, what can be done to navigate such rough seas, and finally, how 2023 will see the emergence of a different kind of normality.
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