Containership demolitions forecast to rise
But because so many containerships are relatively new, the pool of candidates for scrapping is limited.
But because so many containerships are relatively new, the pool of candidates for scrapping is limited.
The memorandum of understanding was signed during the recent Belt and Road Forum in Beijing to further develop links between China and Hungary.
“There is no appetite in Congress to debate USMCA with these tariffs in place,” the Senate Finance Committee chairman wrote in The Wall Street Journal.
The Treasury agency takes steps to implement a new sanctions list to punish foreign entities that interfere in U.S. elections, but the “final rule” is still in development.
A public session will be conducted after the U.S. and South Korean officials sit down in Washington in May.
The Port of Boston invests in marine terminal infrastructure to handle regional cargo going on and coming off increasingly larger containerships.
The port also is looking to speed up a project to widen its main shipping channel.
“Probably all undamaged containers will be on board” when the Hapag-Lloyd-owned ship departs from Freeport, which is expected to occur by early May.
Manufacturers should prepare for increased regional value content for the automobile sector, speakers said during an American Shipper webinar.
Richmond, Va.-based trucking company enters $15 million bid to obtain certain flatbed trailers from bankrupt New England Motor Freight.
The Office of the U.S. Trade Representative released its annual “Special 301” report on Thursday.
The Department of Homeland Security and Justice and State departments are working with counterparts in China, Mexico and Central and South America.
USDA’s Animal and Plant Health Inspection Service said the 25 percent reserve fund keeps its quarantine inspections program running during spikes in demand.
Ocean Network Express, the container shipping company owned by NYK, MOL and “K” Line, forecasts a profit in the current fiscal year.
The weekly stop in Vung Tau is expected to continue until early August.
Also recognized are ATS, J.B. Hunt drivers, Prologis, TOTE Maritime Alaska and 3Gtms.
CIT Group provides revolving credit line to the feeder ship company and shareholders vote to authorize additional shares.
Eric Johnson is hired as executive director and John-Kaare Aune is named managing director.
President Trump is reportedly considering granting Puerto Rico a 10-year waiver that will allow the island to receive U.S.-origin LNG exports on board foreign-flag vessels.
The committee guides the Transportation secretary on matters relating to marine transportation.