“If you do remove this as a tool for the shipping lines to use, are you prepared to accept higher freight rates as a consequence?” asked analyst Tan Hua Joo.
The shipping line signed a memorandum of cooperation with Nansha officials last week.
Tan Hua Joo also asserts that carriers are downplaying their scrubber strategies as they tell customers they must recover the higher fuel costs.
Mao Sun and Xing Er were flown from China to Denmark and then transported by truck to their new home.
The airline also had revenues grow by 13 percent to its strongest performance in five years.
The Taiwanese shipping company said it will have 14 new 11,000-TEU containerships that all are IMO 2020 compliant delivered between 2020 and 2022.
Head of Israeli maritime security firm Naval Dome says the “maritime sector is being targeted by highly motivated cyber criminals.”
The board of directors for the company, which is being acquired by DSV, also proposes that no dividends be paid to shareholders in 2019.
The House Water Resources and Environment Subcommittee also received requests Wednesday for the same cost share for inland waterways that was set up for deep draft ports.
Claus Hemmingsen will leave the company with the closure of the Energy division, set to take place by the end of June.
The Justice Department said the Illinois company imported 36 shipments of Chinese-origin saccharin that were transshipped through Taiwan to evade paying antidumping duties.
Between 2007 and 2011, Standard Chartered Bank facilitated $240 million worth of financial transactions that violated U.S. sanctions programs.
The requirement is part of a package of amendments under the revised annex to the IMO’s FAL Convention adopted in 2016.
Despite a 4.7 percent year-over-year decline in cargo movement, the port still recorded the second-busiest first quarter in its history.
The projects in Illinois, Wisconsin, Tennessee and Louisiana are part of the Class I railroad’s $2.9 billion capital investment budgeted for 2019.
ONE CEO Jeremy Nixon says the growing number of typhoons is “creating disruptions to vessels passing up and down within Asia.”
The auction of the terminals in the state of Pará to private operators netted $115.9 million and included leases ranging from 15 to 25 years, according to The Rio Times.
Fincantieri Bay Shipbuilding is tapped to build the first U.S.-flag bulker for the Great Lakes trade in more than 35 years for Interlake Steamship Company.
Labor, environment and affordable health care among the priorities laid out by Rep. Richard Neal in a letter to to U.S. Trade Representative Robert Lighthizer.
Drewry’s white paper predicts, if the tariffs are imposed, a rush of U.S. imports of finished vehicles and auto parts in 2019 before declines in 2020 and 2021.
