US-listed tanker stocks continue three-day nosedive after gains
Equities struggle on a big day for stock market on first Trump trading
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January 2025
Louis Sola Designated FMC Chairman
President Donald J. Trump has designated Louis E. “Lou” Sola to serve as the Chairman of the Federal Maritime Commission (FMC).The designation was made on January 20, 2025. Chairman Sola has served as a Commissioner of the FMC since January 2019, and h…
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New GAO Report addresses Maritime Cargo Security:
GAO-25-106953, published today, says, “Additional Efforts Needed to Assess the Effectiveness of DHS’s Approach.”Fast FactsThe U.S. economy depends on the efficient flow of millions of tons of cargo each day throughout the global supply chain, most arri…
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Bulker owners sweat on US tariffs with big ships facing largest hurdles in ‘challenging year’
Demand drop forecast, with two largest commodities on the slide in 2025
U.S.-Flag 2024 Cargo on Lakes Down 6.3 PCT
U.S.-flag Great Lakes freighters (lakers) moved 76.3 million tons of cargo in 2024, a decrease of 6.3 percent compared to 2023. The 2024 float was 4.6 percent below the fleet’s 5-year average.Compared to 2023, salt shipments increased by 5.8 percent wh…
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