Florida ports shut down to vessel traffic as Hurricane Milton approaches
NewsFlorida ports have suspended all vessel traffic in preparation for Hurricane Milton, as Floridians flee their homes amid mass evacuations.
Cosco Ship Holding will spend approximately US$5B on new ships over the next three years. Thirty two ships, with an estimated carrying capacity of 580,000 TEU and comprising of a mix of ULCV and neo-Panamax vessels will be added to the fleets of China Cosco Shipping Corp and OOCL between the start of 2023 and the end of 2025.
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