Oil spill reported after accident between passenger/roll-on, roll-off vessel and containership.
Production has begun in China for the order that includes 2,000 controlled-atmosphere containers.
The company will begin employing the “marine fuel recovery” charge on Jan. 1, but the full effect will not be felt until late next year.
Drewry says futures indicate low-sulfur marine fuel prices may rise 55 percent when IMO 2020 mandate kicks in.
Drewry reports the latest round of U.S. tariffs means “eastbound transpacific flows could be hit with an opportunity cost of approximately 1 million TEU next year.”
But UNCTAD expresses concern “increased inward-looking policies” and rise in protectionism could stifle trade.
Containership charterer describes the investment of up to $200 million in Swiber Holdings as “opportunistic.”
Residual fuels that have “undergone rigorous fit-for-use assessments” will comply with the International Maritime Organization’s low-sulfur cap.
CSX also will offer improved access to the Ohio rail hub from the Port of New York and New Jersey.
Oil producer group reports in its annual outlook that it believes compliance will grow after 2020.
Japanese classification society says a large number of shipowners are planning ballast water treatment system installations in a narrow time window.
Gov. Jerry Brown signs bill that could speed up plans to build a new Oakland Athletics ballpark at Howard Terminal.
Federal judge finds chemical manufacturer and NVOCC liable, not the shipowner or liner company.
Action targets XPO Logistics and NFI Industries operations over a wide area of Southern California.
Korean private equity firm’s purchase would add bulkers, tankers, gas carriers and breakbulk vessels.
European Commission asks for input as it looks at block exemption.
The state’s 25,000 port truck drivers “routinely face wage theft and illegal pay deductions while hauling goods for the world’s biggest brands,” the bill’s sponsor said.
Project is designed to attract containers now drayed to off-dock rail yards.
CB Insights says while there has been a drop-off in funding this year, supply chain innovation is becoming a greater concern for businesses around the world.
The vessel gave asylum to 113 refugees when it was en route from Malta to Libya in June.