Breakbulk and project cargo market drivers are being tempered by government actions and ongoing tensions in global trade lanes.
The Brownsville Navigation District unveiled its deeper ship channels last week as the South Texas port aims to be ready for heavier liquid and bulk commodity ships.
The carrier’s acquisition of a 49% stake in the Vizhinjam transshipment hub is said to be the single-largest foreign direct investment into the Indian port sector to date.
