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PSA International’s profits plunge in 2016

However, the global port operator increased container throughput by 5.5 percent from 2015.

Shipping NewsPosted on: March 23, 2017

Maersk Container Industry launches Star Cool CA+

Star Cool CA+ was established to extend the market reach of sensitive, low-respiring perishables, building on Maersk Container Industry’s Star Cool CA system for high-respiring fresh produce.

Shipping NewsPosted on: March 23, 2017

IAG Cargo sees Europe-Asia demand soar as ocean capacity contracts

The airfreight carrier’s cargo volumes from Europe to Asia Pacific jumped 23 percent in the first two months of 2017 thanks to “widely reported” capacity constraints in ocean shipping, according to David Shepherd, commercial director at IAG Cargo.

Shipping NewsPosted on: March 23, 2017

Diana Containerships looks to raise $150m in private share sale

The Athens, Greece-based containership lessor has entered into a Securities Purchase Agreement with Kalani Investments for the sale of up to 150,000 newly designated series B-1 and B-2 preferred shares, according to a statement form the company.

Shipping NewsPosted on: March 23, 2017

Peel Ports heavily invests in Lancashire

The new Liverpool2 container terminal, link-span bridge at the Port of Heysham, and the newly-opened Bay Gateway are expected to increase economic prosperity in Lancashire, the port operator said.

Shipping NewsPosted on: March 23, 2017

Special Coverage: The global seafood supply chain

The global seafood supply chain is a complex one, and is challenged by various headwinds that can be costly to the industry.

Shipping NewsPosted on: March 23, 2017

South Korea provides DSME with $2.6b bailout package

Korea Development Bank, DSME’s largest shareholder and main creditor, and the Export-Import Bank of Korea said they would provide funds to boost the shipbuilder’s cash flow and convert its liabilities into equity to cut debt.

Shipping NewsPosted on: March 23, 2017

U.S. Class I railway employment rebounds slightly in February

After falling in 19 of the previous 21 months, railway employment levels in the United States in February 2017 ticked up 0.28 percent from the previous month, according to recent data from the U.S. Surface Transportation Board.

Shipping NewsPosted on: March 23, 2017

U.S. steps up Brazilian beef import inspections

The U.S. Department of Agriculture’s Food Safety and Inspection Service said it will step up pathogen testing on all shipments of raw beef and “ready-to-eat” products from Brazil, instead of imposing a ban on these imports.

Shipping NewsPosted on: March 23, 2017

State court reaffirms Vancouver Energy lease at Port of Vancouver

The Washington State Supreme Court decision affirmed an appellate ruling that found the port’s lease with Vancouver Energy for a proposed crude oil transfer terminal complies with the State Environmental Policy Act (SEPA).

Shipping NewsPosted on: March 23, 2017

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Fashion Accessories Shippers Association

www.fasa.nyc

137 West 25th Street, 3rd Floor
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info@fasa.nyc
212-947-3424