Airlines flying low-noise aircraft into Frankfurt Airport will benefit from reductions in landing fees and other airport charges for the next two years, Fraport AG announced Friday. “Fraport is already a global leader in establishing a greater range in airport charges based on noise categories. Quiet aircraft are charged less, while loud aircraft […]
The ruling had its origins in a dispute between cargo interests and carriers involving the 2007 theft of four consignments of Canon cameras during road transport under CMR terms from a warehouse at Schiphol Airport in the Netherlands to Willich, Germany.
The U.S. International Trade Commission on Monday issued an update of its report, the eighth in a series of reports for the Office of the U.S. Trade Representative, saying imports and exports would both expand by about $6.2 billion if certain import restraints were eliminated. The ITC, an independent, nonpartisan, fact-finding agency, completed […]
The U.S. Department of Agriculture on Friday invited public comment on proposed changes to the Export Credit Guarantee Program that it said would clarify operations and increase program access. The GSM-102 program provides credit guarantees to encourage financing of commercial U.S. agricultural product exports to developing countries. The proposed rule would incorporate […]
The U.S. Federal Maritime Commission has received 47 ocean transportation intermediary license applications and changes for review. The FMC received non-vessel-operating common carrier license applications from 3PL Logistics, Wood Dale, Ill. (Hyung Tae Kim, president); Blue Ocean Logistics Corp., Torrance, Calif. (Bok Kun Yeom, president); Gabbro Global, East Dubuque, Ill. (Zheng Bin Ng, director […]
A spokeswoman from Hanjin Shipping said the liner has no plans to reduce its allocation on CKYH alliance services or sell terminals in the United States as a result of the “financial improvement plan,” which it announced last week.
The chairman of Hapag-Lloyd has suggested in an interview published in the German newspaper Hamburger Abendblatt that his company’s merger talks with the Chilean container shipping company CSAV could be a reminder and incentive for the owners Hamburg Süd — the Oetker family — to restart merger talks with Hapag-Lloyd at some point. […]
Maersk said the Bay Bridge service will call both the Ports America terminal and SSA’s Oakland International Container terminal in Oakland, starting in mid-January, for eastbound and westbound service rotations.
Johnson Jeh Johnson was sworn in Monday as the fourth Secretary of Homeland Security. He is in charge of the third largest federal department, with 240,000 employees and agencies such as the Transportation Security Administration, U.S. Customs and Border Protection and the Coast Guard under his oversight. Deputy Secretary Alejandro Mayorkas was also […]
YRC will meet a primary requirement of retiring at least 90 percent of the company’s Series A and B Convertible Notes needed to satisfy a condition in the new Teamsters proposal, which is currently out for approval by employees.
The president of the International Longshoremen’s Association says a joint lawsuit by his union and two employer groups against the Waterfront Commission of New York Harbor will continue despite the decision last week by a federal judge that denied a request by the union and employers for a preliminary injunction. The ILA, the […]
The State Department’s Shipping Coordinating Committee will hold open meetings Jan. 21 and Feb. 11 at the Coast Guard Personnel Service Center in Arlington, Va., and the Coast Guard headquarters building in Washington, D.C., respectively. The department said the primary purpose of the Jan. 21 meeting is to prepare for the first session […]
Press outlets have reported the Hyundai Group has announced a major restructuring plan, that will include selling financial assets and support for its shipping company, Hyundai Merchant Marine.
Hanjin Shipping said it will raise 300 billion Korean won (KRW) ($283 million) by spinning off its dedicated bulk business into a joint venture.
NYK announced Tuesday it will build Japan’s first LNG-fueled tugboat featuring a dual-fuel engine that can be powered by either liquefied natural gas (LNG) or heavy oil. NYK has worked to enhance environment-responsive technologies such as solar-powered systems and air-lubrication systems, it said in a statement. In 2011, NYK established a team to […]
“K” Line Next Generation Car Carriers The Japanese shipping company “K” Line said it has decided to double the number of next-generation car carrier vessels it is ordering. In September, the company said it was ordering two ships each from Shin Kurushima Dockyard Co., Ltd, and Japan Marine United Corporation. This week, […]
The U.S. Department of Agriculture’s Animal and Plant Health Inspection Service said it is proposing to amend its regulations to allow the importation of fresh beef from certain Brazilian states.
Vilsack U.S. Department of Agriculture Secretary Tom Vilsack on Monday said progress was made on several trade issues with China at the U.S.-China Joint Commission on Commerce and Trade, which ended this week in Beijing. “My discussions with Premier Li Keqiang and other Chinese leaders laid the groundwork for future cooperation related to […]
Hapag-Lloyd is increasing its rates for dry commodities from ports in North America by $160 per TEU and $200 per FEU, it said Monday. The change, effective Feb. 1, raises rates for dry commodities from Canada and the U.S. to East Asia, the Indian Subcontinent and the Middle East. East Asia comprises […]
The Federal Maritime Commission announced it reached compromise agreements with two Japanese companies for alleged violations of the Shipping Act by their roll-on, roll-off cargo operations. Under separate agreements, Kawasaki Kisen Kaisha Ltd. (“K” Line), paid $1.1 million in civil penalties, and Nippon Yusen Kaisha (NYK Line) paid $1.23 million in civil penalties. […]
