Damen Shipyard Group has opened a new shipbuilding yard facility along Vietnam’s Cam River. The yard is built on a 43-hectare (430,000 square meters) site with direct access to the open sea. It will be operated as a joint venture with the firm Song Cam. Damen, based in the Netherlands, has been […]
The White House on Friday notified Congress of its intent to enter into negotiations on a new trade agreement in the World Trade Organization aimed at eliminating tariffs on a wide range of environmental goods. Earlier this year, the United States and 13 other WTO members, accounting for 86 percent of global trade […]
The U.S. Export-Import Bank and the Philippine government’s Department of Energy entered a memorandum of understanding Friday to exchange information related to matching development needs in the Philippines with goods and services offered by American exporters. More specifically, the MOU targets renewable-energy and liquefied natural gas projects in the hopes of upgrading and […]
The U.S. Federal Maritime Commission said Thursday that its members voted not to block the P3 Network that Maersk, Mediterranean Shipping Co. and CMA CGM plan to start later this year. The three largest container carriers expect to begin operating a vessel-sharing agreement in the transpacific, transatlantic and Asia-Europe trades. They first […]
Shippers choosing ocean transport for cargo previously carried by aircraft has cost the air cargo sector almost 2 percentage points of annual growth since 2000, according to research by Seabury Group and the International Air Transport Association.
The global trade management solutions provider Amber Road went public on the New York Stock Exchange on Friday, offering 20,948,384 shares of common stock in its initial public offering.
The United States and the Philippines have agreed to a program of expanded engagement in coming months on bilateral, regional and multilateral issues after a two-day meeting Thursday under the Trade and Investment Framework Agreement.
Hong Kong-based Cathay Pacific Airways will officially start its twice-weekly Boeing 747-8 freighter service into Columbus, Ohio’s Rickenbacker International Airport when the first aircraft lands at 5 p.m. Friday. Columbus will be Cathay’s 12th freighter destination in North America. “Our 13 Boeing 747-8F freighters are the ideal aircraft to link Hong Kong […]
NYK said that starting May 1, it will no longer provide chassis at marine, truck depot and intermodal rail facilities in Long Beach, Calif.; Los Angeles; San Diego, Calif.; and Phoenix, Ariz.
The container ship charter Global Ship Lease said a new capital structure it is creating will allow it to take advantage of opportunities to grow and possibly pay dividends to shareholders.
A new report from Supply Chain Insights finds that certain industry sectors have, on average, more resilient supply chains than others. It suggests that supply chains in the medical device and consumer goods industries are most resilient.
Georgia’s state legislature has approved Gov. Nathan Deal’s proposal for $35 million in additional dredging funds for the Savannah Harbor Expansion Project. Georgia has now allocated $266 million, meeting the state’s portion for the project.
British Columbia said Wednesday that it, along with Port Metro Vancouver and the Canadian government, are “taking immediate and coordinated action” to try and end the truck driver strike at port. The provincial government said in a press release that it is preparing back-to-work legislation with a 90-day cooling-off period for truckers who […]
Port Canaveral will welcome its first ship-to-shore cranes Friday, which will arrive from the Port of Savannah. Once the fully assembled cranes arrive, they will be inspected and updated before being put into operation at the new container terminal opening this fall. As part of its cargo expansion, Canaveral is building two […]
The Federal Maritime Commission is introducing an online payment option for paying FMC fees and invoices. The FMC has contracted with the Department of the Treasury’s Pay.gov service to provide online payment options for its services. Beginning immediately, the FMC is providing two options for making payments — online and by paper check. […]
Ingram Barge Company said it has begun participating in the new barge freight component of the SmartWay Transport Partnership, a public-private partnership between the U.S. Environmental Protection Agency and freight carriers and shippers that aims to reduce pollution. Ingram noted that it has been working with the EPA since 2010 to develop the […]
A group of U.S. and Uruguayan government officials, as well as local politicians and industry representatives, gathered in Philadelphia on Wednesday to celebrate the recent arrival of containerized shipments of frozen boneless lamb meat from Uruguay. The shipment, the first to arrive in the United States since 2001, was made possible through a […]
The electronics distributor RS Components will use software from the the supply chain design solutions company LLamasoft. The company will use Llamasoft’s Supply Chain Guru throughout its global enterprise. RS Components and Allied Electronics are the trading brands of Electrocomponents plc, a global distributor of electronics and maintenance products. The company operates […]
The 15 container shipping lines in the Transpacific Stabilization Agreement said Wednesday that they have agreed to a general rate increase on April 15 of $300 per 40-foot container in an effort to mitigate rate erosion seen in February and early March. The carriers had previously said they planned a GRI of an undetermined […]
The U.S. Federal Maritime Commission said its members voted not to block the P3 Network that Maersk, Mediterranean Shipping Co., and CMA CGM plan to start later this year. The three largest container carriers will operate the vessel-sharing agreement in the transpacific, transatlantic and Asia-Europe trades. The FMC said it conducted an extensive review […]
