Geopolitical crises in key maritime chokepoints cost the global shipping industry $14 billion annually, disrupting trade routes, raising freight rates, and threatening supply chain stability worldwide
On March 24, 2025, Joe Kramek will testify before the Section 301 Committee, arguing that proposed port fees and U.S.-built vessel mandates will harm American consumers, exporters, and supply chains. This is a summary of his testimony
The sharp decline in Suez Canal traffic, coupled with Red Sea conflicts, is reshaping global trade dynamics, with significant economic repercussions for Egypt and widespread disruptions across the maritime shipping industry
