Maritime

The South Korean ocean carrier’s first blockchain technology adopted pilot voyage involved the transport of reefer containers from Busan, South Korea to Qingdao, China.

The Steel Manufacturers Association, a trade group that represents 30 of the largest steel producers across North America, has asked the U.S. government to help protect the country’s last solar panel manufacturers from a surge of cheap imports.

The U.S. Transportation Department on Wednesday said $500 million is now available in the Transportation Investment Generating Economic Recovery program for state and local infrastructure projects.

A World Trade Organization appellate body panel has rejected the European Union’s claim that a Washington state tax unfairly benefited Boeing’s 777X program, but Europe’s Airbus says the subsidy spat is far from over.

Saddle Creek Logistics Services hires vice president of business development; and FlexiVan appoints president and chief operating officer, and executive vice president and chief commercial officer.

The U.S. Coast Guard has declared port condition Zulu for Puerto Rico and the U.S. Virgin Islands, and condition Whiskey for various South Florida ports as the category 5 storm plows through the Leeward Islands with maximum sustained winds of 185 mph.

The FY 2017 Port Security Grant Program was funded at $100 million, and over 33 ports were awarded direct grants, the American Association of Port Authorities (AAPA) said.

The Icelandic shipping company attributed the 43.6 percent year-over-year drop in net earnings during the quarter primarily to headwinds from currency exchange fluctuations, as revenues still rose 37.2 percent from the same quarter a year ago.

The Maritime and Port Authority of Singapore did not renew the bunker supply licenses of Panoil Petroleum Pte Ltd and Universal Energy Pte Ltd when they expired on Aug. 31.

Third-party logistics and multi-modal transportation services provider Radiant Logistics has acquired the operations of Sandifer-Valley Transportation and Logistics, Radiant said in a statement Tuesday.

Worldwide Flight Services, the world’s largest air cargo handler, saw total volumes across its near 60 cargo locations in the United States increase by over 17 percent year-over-year during the first seven months of 2017.

Trinity Logistics names president and chief operating officer, while Gebrüder Weiss appoints branch manager of Gebrüder Weiss Salzburg.

The third-party logistics provider has expanded its global forwarding footprint with the acquisition of Canadian forwarder Milgram & Company Ltd.

The Shanghai Containerized Freight Index fell 3.5 percent from last Friday to a reading of 707.68, declining for the second straight week as the short-term boost after Hanjin Shipping filed for receivership at the end of August has now faded.

Spot container rates from Shanghai to Europe, the Mediterranean and the United States all declined since last Friday, according to figures from the Shanghai Shipping Exchange’s Shanghai Containerized Freight Index.

The Justice Department said 53-year-old Chinese citizen, Fuyi “Frank” Sun, received a three-year prison sentence for violating IEEPA in relation to an illicit scheme to export high-grade carbon fiber to China without a license.

The parcel giant on Monday introduced the free online tool that allows e-commerce merchants to customize return shipments according to their own policies.

Port of Virginia names director of ocean sales; C.H. Robinson hires finance director, Europe; Jettainer appoints director of operations; and MetroGistics hires vice president of business development.

Hyundai Merchant Marine will acquire two 11,000-TEU containerships from Hanjin Heavy Industries & Construction’s Subic Shipyard, as well as five very large crude carriers built by Daewoo Shipbuilding & Marine Engineering.