The port of Bushehr is capable of offering services for all containerized cargos including refrigerated products and provides an alternative to Bandar Abbas for shippers sending cargo to and from Iran, the Danish ocean carrier said in a statement.
OOCL parent stock rises amid merger speculation
Shares in Orient Overseas International Ltd., the parent company of ocean carrier Orient Overseas Container Line, have jumped more than 25 percent since the end of 2016, reaching a 52-week high on Wednesday.
Samsung Galaxy Note7 phones remain banned on planes
However, the Federal Aviation Administration said it will no longer require U.S. airlines to make pre-boarding notifications to passengers that the fire-prone Samsung Galaxy Note7 mobile phones are prohibited on board all aircraft.
FMC nixes discussion agreement between PANYNJ, carriers
Federal Maritime Commission Chairman Mario Cordero says he is willing to discuss the agency’s concerns with Port Authority of New York/New Jersey and OCEMA member carriers, leaving the door open for future approval of a revised agreement.
New AA Cargo service to benefit pharma shippers
American Airlines’ new daily, non-stop wide-body service between San Juan, Puerto Rico and Philadelphia is scheduled to begin April 4.
IMB: Piracy incidents fall in 2016 despite more crew kidnappings
International Maritime Bureau Director Pottengal Mukundan said kidnappings in the Sulu Sea, which is located between East Malaysia and the Philippines, are a particular concern.
INTTRA’s transaction growth outpaces container volumes
Inna Kuznetsova, president and chief operating officer of INTTRA, explained the reason’s behind the company’s rapid growth in a recent interview with American Shipper.
NRF: U.S. container imports see ‘unexpected’ increase during peak season
Major container ports in the United States handled 1.64 million TEUs in November, down 6.6 percent from October but up 11.2 percent from November 2015, according to the Global Port Tracker report by the National Retail Federation and Hackett Associates.
Singapore to develop truck platooning system
The Singapore Ministry of Transport and PSA International have partnered with automotive companies Scania and Toyota Tsusho for the design, development and testing of an autonomous truck platooning system for use within the Port of Singapore.
Executive Moves: Logistics Plus and CINS
Logistics Plus hires new head of sourcing division, while the Cargo Incident Notification System names deputy chairman.