The four new Super Post-Panamax ship-to-shore cranes manufactured by Konecranes, which will operate at the Barbours Cut Container Terminal, will stand taller than any other marine cranes in North America.
Executive Moves: Crowley and essDOCS
Crowley appoints VPs to government services and global ship management, while essDOCS names new chairman.
Brookfield Infrastructure purchases minority stake in Asciano
The infrastructure arm of Brookfield Asset Management has acquired a near 15 percent share in Patrick Stevedoring parent Asciano Limited and still plans to make a majority takeover bid for the Australian transportation company.
Raymond Miles, founder of CP Ships, dies
Raymond P. Miles, who built up the containership operations of CP Ships during the late 1990s, died Nov. 6 at the age of 71 following a brief illness.
Chinese exports fall 6.9% in October
Exports from the second largest economy in the world dropped for the fourth consecutive month, while Chinese imports continued to tumble, dropping nearly 19 percent compared to October 2014.
GRI Roundup: Maersk Line, CMA CGM and Hapag-Lloyd
Ocean carriers Maersk Line, CMA CGM and Hapag-Lloyd issued general rate increases on various trades.
Panama Canal wait times up after September maintenance
There appears to have been some improvement in vessel waiting times, but the Panama Canal Authority announced on Sunday it will take additional steps in an attempt to to clear the backlog of ships at the Central American waterway.
Commerce: South Korea, Turkey dump pipe
The Commerce Department will issue antidumping duty orders on imports of welded line pipe from South Korea and Turkey and a countervailing duty order on imports of this product from Turkey.
U.S. drops South African ag products from AGOA
The White House sent notifications to Congress that it intends to suspend South African agricultural imports from AGOA due to unresolved barriers to U.S. chicken, pork and beef.
U.S. beef, lamb exports decline in September
The U.S. exported 79,474 metric tons of beef in September, a 21 percent drop from September 2014, but pork export volumes rose 6 percent year-over-year to 172,012 metric tons.