The Danish shipping bank said it believes seaborne trade volumes in 2030 will be a little higher than today, growing by just 1 percent on average each year.

Accounting firm Samil PricewaterhouseCoopers told the Korean court overseeing the bankruptcy of Hanjin Shipping that liquidating the carrier would be “more economical” than continuing its rehabilitation, Korea’s Yonhap News Agency reported.

The U.S. maritime regulator granted the five-member ocean carrier alliance approval to take effect Dec. 19.

After determining U.S. supply chains could benefit from a national information portal, a new set of innovation teams led by three port executives will look at issues affecting U.S. exporters next.

The U.S. maritime regulator granted the five-member ocean carrier alliance approval to take effect Dec. 19.

The Port of Los Angeles established a new throughput record in November, while the nearby Port of Long Beach saw container volumes fall 13.8 percent year-over-year during the month.

The London-based shipping research and consulting firm said many European importers have received annual carrier bids for contracts effective from January, with higher fixed rates than in 2016.

The Vaughan, Ontario-based drone technology company has entered into an agreement with UAP Inc. (NAPA) to test a drone delivery platform.

The signing of a bilateral agreement between the European Union and Cuba is seen as the first step toward normalizing political and economic relations with the Caribbean island nation.

Turkish Airlines awarded a cargo handling contract in Johannesburg, South Africa to Africa Flight Services.