Business Daily.
.
A+ R A-

Fitch: Vessel Size, Alliances Raising Pressure on Some US Ports

E-mail Print PDF
NEW YORK--(BUSINESS WIRE)--The rise of alliances among shipping carriers and industry moves towards post-Panamax and ultra large cargo ships are pressuring many U.S. ports to address access restrictions. The widening of the Panama Canal, slated to open in 2016, will further intensify the need to accommodate larger ships. Some regional ports that serve secondary markets and are unable to process larger vessels risk losing some services or being skipped completely, Fitch Ratings says. The combine

imageimage
Grow Your Business with Times Media
Business Daily Media