Panamas Shipping Industry Warns of Port Oligopoly Threat

Panamas Shipping Industry Warns of Port Oligopoly Threat

Ricardo Lins, president of the Panama National Maritime Authority, urges the country to avoid oligopoly in port management. He emphasizes the need for transparent regulations to attract new shipping companies and investments, strengthen market competition, and ensure long-term development.

08/04/2025 Logistics
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Key Duties of Importers in Global Trade Explained

Key Duties of Importers in Global Trade Explained

Importers bear customs responsibilities in international trade, including document preparation, product classification, and tariff payment, as well as compliance with laws and regulations. This crucial role ensures business compliance and effective operations, particularly in the complex environment of international markets.

Matson Halts EV Shipments Over Safety Concerns

Matson Halts EV Shipments Over Safety Concerns

Mason has suspended electric vehicle transportation due to concerns over the safety of lithium-ion batteries, affecting over 37,000 electric vehicle users. The company has committed to supporting the development of industry safety standards.

07/31/2025 Logistics
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