We saw this headline recently and thought it apropos for the current state of ocean transportation.

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Batten down the hatches. By some accounts, these factors will be in play until March 2021.

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In June 2022, the US Congress passed the Ocean Shipping Reform Act (OSRA-22). This legislation prohibited ocean carriers from "unreasonably" refusing export cargo as well as "unreasonably" assessing demurrage and detention charges. It also gave the Federal Maritime...

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