Maritime

FreightWaves Staff Wednesday, November 15, 2017

CORRECTION: HMM posts loss in Q3 2017

   The Nov. 10 AS Daily article, “HMM posts loss in Q3 2017,” reported that Hyundai Merchant Marine (HMM) had a net loss of KRW 968.7 billion for the third quarter of 2017, but that figure was HMM’s net loss for the first nine months of 2017. HMM’s net loss for the third quarter of […]

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FreightWaves Staff Tuesday, November 14, 2017

CEVA softens loss in Q3 2017

Third-party logistics provider CEVA Holdings narrowed its loss to $22 million from a loss of $41 million for the third quarter of 2016 thanks to a sharp boost in operating income coupled with the positive impact of unrealized foreign exchange gain.

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Chris Gillis Tuesday, November 14, 2017

FMC reviews 21 OTI license applications

   The U.S. Federal Maritime Commission has received 21 license applications and changes for review.    The FMC received non-vessel-operating common carrier license applications from Blue Axis Shipping & Freight, Allen, Texas (Sinu Jacob, president); Blue Global Line, Schaumburg, Ill. (Kook “Joseph” S. Lee, president); Brilliant Group Logistics Corp., Valley Stream, N.Y. (Shuping Wang, president); […]

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Chris Gillis Tuesday, November 14, 2017

FMC reviews 21 OTI license applications

   The U.S. Federal Maritime Commission has received 21 license applications and changes for review.    The FMC received non-vessel-operating common carrier license applications from ABC Logistics, Seattle (Mohamed Meselhy, vice president); Alpha Total Solutions, Rancho Dominguez, Calif. (Tino M. Tsai, president); ANC Express, Jamaica, N.Y. (Sung “Sam” S. Hong, president); and Majestic Superior Logistics, Seatac, […]

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