Martin Rushmere India Marinenews Shipping Blogs

UNCTAD (PART II) World consolidation continues

Posted to Martin Rushmere (by Martin Rushmere) on December 12, 2013

The UNCTAD review shows just how much the industry and the maritime world have changed over the last five years. The industry trend of consolidation and trimming excess fat shows up in unexpected corners. The average number of shipping companies…

Long Beach stands toe-to-toe with its bigger neighbor

Posted to Martin Rushmere (by Martin Rushmere) on June 28, 2012

A dramatic shift in financial bulk is taking place at the two main Southern Californian ports over the next 18 months. For the first time, Long Beach will be looking its neighbor, Los Angeles, in the eye. The two ports are standing virtually…

Los Angeles and Gambol Industries Get Closer to the Rocks

Posted to Martin Rushmere (by Martin Rushmere) on December 2, 2010

Bond ratings for the Port of Los Angeles might just be getting a downgrade within the next year, and by extension, so will those for Long Beach. The Gambol Industries shipyard controversy will be the reason. Gambol's objections center on cost…