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NEWS FLASH: West Coast longshoremen, employers discuss contract extension

Representatives from the Pacific Maritime Association and the International Longshore and Warehouse Union met Tuesday and discussed a possible extension of their current contract, which runs through June 30, 2019.

Shipping NewsPosted on: November 1, 2016

Oakland fast-tracks TraPac terminal expansion

Work on the project, expected to nearly double the size of the Wilmington, Calif.-based terminal operator’s facility at the Port of Oakland, could begin as early as this month, the Northern California port said in a statement.

Shipping NewsPosted on: November 1, 2016

SingPost opens new logistics hub

Singapore Post Limited said its new Regional eCommerce Logistics Hub at the Tampines Logistics Park is its largest eCommerce logistics investment in Singapore to date.

Shipping NewsPosted on: November 1, 2016

Korea commits $9.6b to aid ailing shipbuilders

The South Korean government revealed plans earlier this week to order more than 250 vessels and extend 6.5 trillion won in financing by 2020 to prop up a shipbuilding industry that continues to suffer from weak demand and mounting losses.

Shipping NewsPosted on: November 1, 2016

Euronav reports drop in profits, revenues

The international oil shipping services provider reported net profits attributable to owners of the company tumbled 37.4 percent year-over-year for the first nine months of 2016, while revenues fell 13.3 percent from the same 2015 period.

Shipping NewsPosted on: November 1, 2016

Canada, EU sign major trade deal

However, the trade deal, known as the Comprehensive Economic and Trade Agreement, still must be approved by nearly 40 regional and national parliaments in Europe before it can be implemented.

Shipping NewsPosted on: November 1, 2016

BIS chief says U.S. export control reform must be ongoing

In the final months of the Obama administration, officials at the Commerce Department’s Bureau of Industry and Security said they remain as busy as ever on the reform of the nation’s export control system.

Shipping NewsPosted on: November 1, 2016

DSV continues to grow revenues, earnings following UTi integration

The Danish global transport and logistics provider reported 692 million Danish krone (U.S. $102.7 million) in adjusted earnings on DKK 17.2 billion in the third quarter of 2016, year-over-year increases of 14.8 percent and 37.3 percent, respectively.

Shipping NewsPosted on: November 1, 2016

Panama Canal offers incentive for clean-burning vessels

The environmental incentive program, designed for ship users who meet high efficient standards, will being Jan. 1 and participation is optional.

Shipping NewsPosted on: November 1, 2016

Correo Argentino partners with DHL on international parcel, logistics offerings

The national postal carrier of Argentina has tapped Deutsche Post DHL Group to provide expertise in logistics services, supply chain infrastructure, and domestic and international parcel service as part of an operational restructuring.

Shipping NewsPosted on: November 1, 2016

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Fashion Accessories Shippers Association

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info@fasa.nyc
212-947-3424