Carbon emissions, safety and cyber security were at the top of the agenda at last month’s meeting of the Tripartite Shipbuilding Forum, which attracted over 100 delegates and was hosted by the China Classification Society in Nantong, China.
Global airfreight volumes rose 5.9 percent in October from 12 months prior, while capacity ticked up 3.7 percent, according to the latest data from the International Air Transport Association (IATA).
The seven daily booking slots for Neopanamax vessels are offered in addition to the 23 slots available daily for transit through the Panamax locks.
The planned $11.7 billion sale of Global Logistic Properties (GLP), a Singapore-based provider of logistics facilities, received overwhelming shareholder support on Thursday, according to a statement from the company.
The Berlin-based digital forwarding startup has closed an 8 million euro (U.S. $9.5 million) series A funding round with a private investment company.
The fledgling containership owner and operator (together with its subsidiaries) recorded a profit before taxes of $200,000 on revenues of $7 million for the quarter, according to the company’s most recent financial statements.
The supply chain management software company saw profits of $1.1 million on revenues of $14.2 million for the company’s second quarter of FY2018, ending Oct. 31, 2017, both substantial increases from the same quarter last year.
The Hungarian airport will work with China-based air carrier STO Express to boost e-commerce links between Asia and Europe.
Already a hot commodity in Asia, exports of frozen and chilled meat from the U.S. Midwest and California could get a boost from a $90 million temperature-controlled rail transloading facility currently under construction at the Port of Oakland.
The U.S. Commerce Department on Tuesday took the highly unusual step of self-initiating antidumping and countervailing duty investigations, in this case into imports of common alloy aluminum sheet from China.
Proposed amendments to NVOCC Negotiated Rate Agreements & Service Arrangements Regulations The Federal Maritime Commission proposes to amend its rules governing NVOCC Negotiated Rate Arrangements and NVOCC Service Arrangements to modernize, update, and reduce regulatory burdens. Import injury determination on large residential washers Request for comments and notice of public hearing on the Administration’s action […]
The U.S. Federal Maritime Commission (FMC) has issued a proposed rulemaking that the agency says “expands flexibility and deregulates” Non-Vessel-Operating Common Carrier Service Arrangements (NSAs) and Negotiated Rate Arrangements (NRAs).
The U.S. Commerce Department on Wednesday said Karen Dunn Kelley, undersecretary for economic affairs, will take on the existing functions and duties of deputy commerce secretary in an acting role under the Vacancies Reform Act.
The French maritime shipping conglomerate will combine its two intra-European subsidiaries for greater European coverage of short-sea and multimodal services, CMA CGM said in a statement.
The ocean freight rate benchmarking and market intelligence platform said that over 30,000 reefer container rates are available immediately for beta program customers.
The public share offering, which began in September, was participated in by existing shareholders as well as new investors such as insurance institutions, and container stevedoring and transport companies, according to Yang Ming.
The COSCO-PSA Terminal (CPT) in Singapore has opened a new berth as alliance services continue to increase volumes at the Southeast Asian port hub.
Third-party logistics provider Kane Is Able signed a letter of intent to purchase Vintners Logistics, with the deal expected to close in the first quarter of 2018, the company said in a statement.
Honolulu-based ocean carrier Matson said it will name the combination container and roll-on/roll-off (con-ro) vessels after predecessor ships from the company’s 135-year history.
The Federation of European Private Port Operators and Terminals (FEPORT) has called upon the European Union to ensure terminal operators have a level playing field and competitive investment opportunities.
