Maersk appoints longtime employee Doug Morgante as VP of North American government relations; Marc Papenhoff joins InstaFreight as director of business development.
The German liner carrier is still assessing the cause of its containership’s punctured hull at the Global Marine New York Container Terminal.
Complaining about service quality, the shipper group says the current regulation that allows vessel sharing “does not fulfill its own objective” and should be amended or repealed.
Funds will be used to repay debt and for capital expenditures, mainly on vessels.
One of the biggest terminals on the west coast is showing better results after multi-year automation project as final auction nears.
The Coast Guard will require ships arriving from ports in the Seychelles to include an additional layer of security during their time in U.S. ports.
A major iron ore export port with 185 million tons iron ore capacity on Australia’s north west coast has been absolutely clobbered by the recent category four Cyclone Veronica, FreightWaves can exclusively reveal. Port Walcott’s operational ability is down by nearly 90 percent. Rio Tinto has declared force majeure to its customers. Major miner, Rio Tinto, which operates the port, is mostly staying silent. Dry bulk freight rates are likely to be hit, dry bulk sources say.
The 23,000-TEU ships, which are being built at Daewoo Shipbuilding and Marine Engineering, are among the 20-ship order made by HMM last year.
The surge in imports as shippers “pulled forward” cargo in December is reverberating into this year and has set a high bar that will be hard to match in late 2019.
The moves include a new vice president of customer care, chief transportation officer, acting chief executive and port director, board chairman, and global head of ocean procurement and tradelane management.
Sen. Susan Collins criticizes the president’s Transportation Department budget for offering “no path forward after the FAST Act expires.”
Italy’s buy-in on major project boost China’s place in world maritime trade, but Western powers decry what some call ‘vanity project.’
Washington insiders say maritime cyber attacks in the U.S. and around the world lack attention and funding.
CEO Frank McGuigan promises “a collaborative, high-tech workspace that attracts high-potential talent and is a place where employees can thrive.”
Scott Parker will succeed Art Garcia, who is retiring at the end of April.
TransX’s business includes truckload, LTL, intermodal, warehousing and freight forwarding, will continue to be based in Winnipeg, Manitoba, and operate independently.
The South Korean liner carrier’s announcement does not mention former leader C.K. Yoo, who told employees he was resigning in February.
Hapag-Lloyd is still working on a solution to transship the damaged containers to customers.
The International Transport Forum says its “views are grounded in data, evidence and economic research with the objective to foster efficient transport solutions that serve citizens.”
U.S. maritime’s economic contributions may be at risk if Chinese tariffs remain in place.
