Shippers will soon be able to retrieve cargo aboard the Dali, but they or their insurers will be expected to post sizeable bonds to cover general average claims.
Underpinning strong volume growth is booming demand for Chinese e-commerce in the US and modal shift from ocean to air in South Asian countries to mitigate Red Sea disruptions.
The private-equity backed Enstructure unveiled a public-private partnership with Delaware that will eventually increase Wilmington’s annual capacity to more than 1.5 million TEUs.