Matt Guasco

Matt Guasco


Triple Indemnity Sought Under The Shipping Act

In September of 2012 the Department of Justice found evidence among eleven Roll-On/Roll-Off carriers of misconduct under maritime regulations. The FMC (Federal Maritime Commission) allows carriers to jointly set pricing and make adjustments to combined capacity, if these events are filed in advance. Un-documented action is subject to fines and compensation to injured parties up to twice the value of assessable damage.

Dec 05, 2016View Full Blog

Ballast Water - does it have the power to scrap ships?

What has one to do with the other you might ask? First we need to address what ballast water is and how it affects our oceans.

Dec 01, 2016View Full Blog

Looking at AAPA’s Infrastructure Wish List

The American Association of Port Authorities (AAPA) last week released a statement echoing President-Elect Trump’s pledge to “Make America Great Again.” In a letter to the transition team, the association outlined several areas for investing the $1trillion pledged by the GOP for rebuilding America.

Nov 28, 2016View Full Blog

Port of L.A. Announces Best Month Ever

October volume figures were applauded by port executives, who said the Port of Los Angeles notched the best month ever for a Western Hemisphere container port!

Nov 21, 2016View Full Blog

Just in time for Thanksgiving

The shipment of fresh and frozen produce is a billion dollar industry and ocean carriers take this commodity group very seriously.

Nov 18, 2016View Full Blog

Somalia, Trading in Oil and Piracy

Recent developments in Somalia may be a blessing or curse for international commerce as the nation enters a new age of exploration.

Nov 14, 2016View Full Blog

The Gulf Courts Mega Shipping

The expansion of the Panama Canal has opened the Caribbean Basin and the Gulf of Mexico to the age of Mega Shipping. Increased commerce with Cuba, or a remix of cargo from regional load centers could spell a reshuffling of trade lanes to accommodate larger ships. Is the U.S. Gulf prepared for this potential traffic?

Nov 07, 2016View Full Blog

Nightmare Before Christmas

Let’s face it, Christmas is just around the corner. Yes, here in the Northeast the leaves are still turning, the nation is engaged in fall football and we just wrapped up the World Series. But, Thanksgiving is a few short weeks away and some stores are already selling Christmas ornaments. Santa is almost here!

Nov 03, 2016View Full Blog

Cuba Despierta – Cuba’s markets awaken

Cuba in the 40s and 50s was a playground for the rich and famous. The country’s economy was fueled by U.S. investment: some legal, some not so legal. A rich trade in coffee and tobacco found its way to America and the Cuban middle class imported everything from wearing apparel to washing machines. All that ended in 1959 when rebels under Fidel Castro tossed out Batista and threw Cuba into the dark ages.

Oct 27, 2016View Full Blog

Destination Latin America - Trans-loading East of Cristobal

Container ships exiting the Panama Canal either head into the Caribbean or make a sharp turn to starboard following the coast to load centers in Colombia, Venezuela and Trinidad. Ports along the upper coast of South America handle the bulk of “Hub and Spoke” traffic headed to neighboring countries as far south as Brazil.

Oct 24, 2016View Full Blog