East Coast Warehouse & Distribution Corp. has opened an expanded non-intrusive (NII) inspection facility located in Elizabeth, N.J. at its comprehensive examination station. The 14-acre facility is located adacent to the Port Authority of New York and New Jersey’s terminals in Port Elizabeth and Port Newark, and will be operated through a division known […]
The Citrus Growers Association of South Africa’s CEO said the plan by Maersk and sister company Safmarine to raise reefer rates $1,500 per 40-foot container is “overzealous” and “flawed.”
The Produce Marketing Association (PMA) and Western Growers have created a collaboration that will initially focus the two organizations’ resources on fresh produce food safety. Per a partnership agreement, the two groups will work together on “a joint mission of protecting public health and the industry, by ensuring food safety standards are effectively […]
The water levels on the Great Lakes have begun their seasonal decline, so the impacts of the dredging crisis will become even more pronounced in the fourth quarter, warned the Great Lakes Maritime Task Force.
The Connecticut Deep Water Port Strategy Study, prepared by Moffatt & Nichol, said “despite its rich maritime history, the Connecticut ports and related maritime industries have not fared well in recent decades.”
UK Club is warning of increasing numbers of main engine failure related incidents and accidents following blackouts and says some may be caused by ships switching to low-sulfur fuel as they enter Emission Control Areas. The protection and indemnity insurer said “a significant number of these claims for third party property damage, many of which […]
The U.S. Food and Drug Administration, in partnership with international regulatory and law enforcement agencies, took action this week against more than 4,100 Internet pharmacies that illegally sell potentially dangerous, unapproved drugs to consumers. The actions taken include civil and criminal charges, seizure of illegal products, and removal of the Websites. This […]
The shipping lines of the G6 Alliance said they will begin offering a feeder service from German ports to Gothenburg. They said this will allow them to offer coverage during temporary winter suspension of their Loop 3 service. The Gothenburg Express service will have a rotation of Bremerhaven, Hamburg, Gothenburg and Bremerhaven. It […]
“Now at an all-time high for the United States, exports have become an increasingly important driver of activity at domestic ports and their surrounding real estate markets,” Jones Lang LaSalle said.
Drewry Maritime Research said some ship operating costs retreated in 2012, falling by up to 7 percent from 2011 levels, a year when operating costs rose 2 percent to 5 percent depending on vessel sector.
Crowley Maritime Corp. said it will merge Jarvis International Freight, a Houston-based freight forwarding, export packing and logistics company, into Crowley Logistics. Crowley acquired Jarvis in January 2011. Jarvis has offered specialized freight forwarding and logistics services for nearly 30 years to companies in the energy, oilfield and mining industries and will […]
GE Capital said it is the lead agent on a $173 million U.S. and Canadian cash flow senior credit facility for subsidiaries of Rand Logistics, a provider of bulk freight shipping services in the Great Lakes region. The loan will be used to refinance current debt and provide growth capital. Through its […]
The New Zealand government and the Greek owner of the containership Rena reached a comprehensive financial settlement in respect to matters arising from the ship’s grounding on Oct. 5, 2011.
Stolt Nielsen said it had a net profit of $6.7 million in the third quarter ending Aug. 31, compared to $22.2 million in the same period a year earlier. Operating revenue was $516.4 million in the third quarter of this year.
The U.S. government has charged 11 people and firms in Texas and Russia with illegally exporting high-tech microelectronics. The Justice Department said the electronic parts “are subject to strict government controls due to their potential use in a wide range of military systems, including radar and surveillance systems, weapons guidance systems, and detonation […]
The Spanish terminal operator Grup TCB said a consortium that planned to build and operate a container terminal in Ennore, India, is withdrawing from the project immediately. “The reasons for this decision are based on the unfavorable evolution of the Indian economy since the awarding of the concession that has made the project […]
Union Pacific has appointed Jason Hess to vice president of its National Customer Service Center. He succeeds Beth Whited, who was promoted to vice president and general manager for chemicals. Hess has held a variety of positions during his 18 years with the railroad, including roles in industrial products and chemicals. Most […]
North America Western Asia Holdings (NAWAH) announced Tuesday it has entered an agreement with Iraq’s Ministry of Transportation and the General Company for the Ports of Iraq to modernize Maqal Port.
As part of the deal, the short line operator entered into a new five-year senior secured credit facility comprised of a $1.875 billion term loan and $425 million revolving credit facility.