Maritime

Within the next decade, 77 percent of ports are planning on-dock, near-dock or rail-access projects.

More than 1,000 automobiles reportedly ablaze at Port of Incheon.

Shipper files complaint with FMC against China Shipping in demurrage and detention dispute it lost in arbitration.

The deal to “bring together two global leaders in rail equipment, services and software” is valued at about $11.1 billion.

Performance may decrease significantly before operations cease; meanwhile, GeoSpace Labs is offering incentives for abandoned customers.

The Shanghai Containerized Freight Index fell 3.2 percent last week, while Drewry’s World Container Index slipped 1.1 percent from a week prior.

Throughput at terminals operated by the Northwest Seaport Alliance slipped another 1.1 percent for the month following a 9.6 percent year-over-year decrease in March.

Germany’s largest port saw a 18.2 percent year-over-year decline in bulk cargo volumes.

The Scottish port’s resurfacing development project at the container terminal will be finished later this year.

International Longshoremen’s Association claims non-union operations have eroded working conditions at terminals in and around Philadelphia.

Maritime analyst says in a capital-intensive sector, higher percentages will weigh heavily on debt-laden companies.

The International Maritime Organization aims to reduce ship emissions by 2020 and 2050, causing shipping companies to weigh antipollution technologies.

The South Korean ocean carrier posted a net loss of U.S. $162.3 million for the first quarter but is still investing in newbuilds and a container terminal.

Saltchuk has appointed Tim Nolan president and CEO of TOTE, succeeding Anthony Chiarello, who will depart the domestic ocean carrier on July 16.

Randall E. Curran and Welsh, Carson, Anderson & Stowe initially will focus on U.S.-based contract logistics and transportation management firms.

Loaded export container traffic drove the 3.8 percent year-over-year increase in overall container volumes.

A Kansas City Southern exec says the energy sector needs to be included in the trade deal because the U.S. could eliminate almost half its deficit with Mexico by exporting refined products.

Despite a revenue boost from the Hamburg Süd purchase, “margins in the ocean segment were significantly impacted by higher unit costs,” says CEO Skou.

The hype behind applications in cargo movement might be well-founded, but blockchain’s early-stage evolution makes it impossible to predict where the technology will go from here.

Second-largest container carrier Mediterranean Shipping Co. will continue to transport “certain legally acceptable cargoes” like food during the wind-down period.