The Chinese Communist Party (CCP) is continuing to expand its global footprint in shipping port investments. Despite the economic benefits involved in such investments, experts warn that the regime’s interests in global ports could advance its military ambitions. China has investments in about 100 ports in at least 60 countries. State-run port operators, shipping companies,…
China’s Quest to Dominate Global Shipping Ports Poses Security Risks: Experts
Alaska Cruise Ship Bill Would Have ‘Devastating’ Economic Impact: B.C. Port Official
VANCOUVER—Two U.S. bills proposed by a congressman and senator aimed at allowing Alaska-bound cruise ships to bypass Canadian ports would have a “devastating” effect on British Columbia’s economy, the head of Victoria’s harbour authority says. Alaska Sen. Lisa Murkowski proposed a bill on Sept. 16 that would allow cruise ships carrying more than 1,000 passengers…
US Supply Chains Struggle as Economy Reopens
Vice President Kamal Harris recently made a strong suggestion that the public should start buying Christmas gifts now instead of waiting for later in the year—and there’s a good reason for this. Ports in theUnited States, particularly on the West and East Coasts, have a processing backlog which is leading to supply chain breakdowns. Ocean cargo…
Costs Rise as Cargo Ships Backlogged at LA Ports
The twin ports of Los Angeles and Long Beach are facing one of the worst backlogs they’ve ever seen, as dozens of cargo ships wait at anchor in San Pedro Bay. Together, they handle as much as 40 percent of the nation’s imports. A combination of trade wars, tariffs, the COVID-19 pandemic, and a shift…
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