The Port of New Orleans recently discharged an international shipment of steel coils from Taiwan to the Port of Caddo-Bossier in Shreveport.
The embezzler will serve concurrent prison terms as well as pay restitution for unpaid taxes.
The president of Dan-Gulf Shipping said the stolen funds were not a major factor in shuttering the company.
AAL Shipping, an operator of “mega-size” project cargo ships, expects rebound for smaller U.S. import and export project cargoes in 2021, if COVID-19 pandemic subsides later this year.
