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Cavalier Shipping insights on the current shipping finance market and recent events in the shipping space.
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New U.S. Trade Representative Fines | Consequences in the Caribbean
These USTR fines, designed to target China’s shipbuilding dominance, inadvertently places Caribbean economies and smaller carriers at significant economic risk. The Bahamas and neighboring island nations, having minimal influence over vessel sourcing, face unintended but severe economic consequences.
Platform Supply Vessels (PSVs) in Paradise
Following the oil price crash from 2014-2016, many PSVs became redundant in their original roles. Fortunately, several have found new purpose in serving the unique maritime logistics needs of the Bahamas.
ILA Strike Impact on Bahamas
The ILA strike’s impact on the U.S. economy has been extensively analyzed, while little attention has been paid to the strike’s ripple effects in the Caribbean—especially among nations heavily reliant on U.S. imports.