The transportation and logistics industry has experienced a notable year between Hanjin’s bankruptcy, the new verified gross mass regulation and the expanded Panama Canal.
DP World ups stake in Korean port
The Dubai-based terminal operator increased its stake in Pusan Newport Company Limited to 66.03 percent.
Sino-Global inks deal with COSCO subsidiary
Under the agreement, COSCO Beijing International Freight Co., Ltd. is gaining the use of Sino-Global’s full-service logistics platform to arrange for the transport of its container shipments to U.S. ports.
Commentary: Balancing California’s environmental goals
If the state of California is to be successful in achieving its efforts to curb greenhouse emissions, it must enact policy that will be readily adopted by others and not drive business away, according to PMSA President John McLaurin.
Sailing the ‘inland seas’
A new cargo service across Lake Michigan is currently in the works, and could save shippers time and aggravation from having to truck cargo though the congested Chicago area.
Miami terminal agreement takes effect this week
The Federal Maritime Commission is allowing a cooperation agreement between two marine terminal companies at PortMiami to more forward.
DSME to help Iran shipbuilding industry
The South Korean shipbuilder signed a deal with Iran’s Industrial Development and Renovation Organization to help spur Iran’s shipbuilding industry.
Port of Antwerp posts record freight volumes
The Belgian port experienced an increase in throughput from 2015 to 2016, driven by increased shipments of liquid bulk and containers.
HMM rebuts skepticism about growth plans
Hyundai Merchant Marine said it has “coherent strategies” for reaching its goal of increasing its share on the container market to 5 percent by 2021.
GLP to develop logistics park in Japan
The industrial logistics real estate developer will establish a logistics park in Sagamihara, Japan, which it said has emerged as a major logistics hub due to the lack of quality logistics space and available land parcels in metropolitan Tokyo.