by Klaus Luhta | Nov 14, 2017 | maritime economics, maritime news
Major Shipping Container Manufacturer Appoints New CEO Maersk Container Industry is looking to continue their recent upswing in business by appointing seasoned manufacturing executive Sean S. Fitzgerald to the position of Chief Executive Officer. At the start of 2018,...
by Klaus Luhta | Nov 13, 2017 | maritime economics, maritime news, maritime politics
U.S. Commerce Secretary Ross Sells Shipping Interests after Tie to Putin is Revealed Secretary of Commerce, Wilbur Ross, came under scrutiny after it was discovered he had investments in a shipping company that included a client with ties to the Russian president,...
by Klaus Luhta | Nov 2, 2017 | maritime news
This Bloomberg article from two days ago talks about Amazon and Google not being part of the Dow Jones Industrial Average despite massive market cap and global influence. It’s interesting from a maritime shipping standpoint because shipping is decidedly an industrial...
by Klaus Luhta | Apr 18, 2016 | maritime news
The Maritime Security Program (MSP) was first passed in 1996, and originallycomprised a fleet of 47 U.S. flag militarily-useful vessels. The MSP was reauthorized in 2003 and expanded to a fleet of 60 militarily-useful vessels for FY 2006-2015. On January 2, 2013, the...
by Klaus Luhta | Oct 10, 2015 | maritime news
Collision course with a hurricane: How doomed U.S. ship met its end BY EDWARD MCALLISTER AND DAVID ADAMS The ill-fated U.S.-flagged El Faro cargo ship sunk by Hurricane Joaquin was sailing at near full speed into the center of the storm before it lost propulsion amid...
