Ocean carriers CMA CGM, Hapag-Lloyd, OOCL and MOL issued general rate increases.
Seaspan: Past due accounts receivable from Hanjin grow
The containership charterer said in a filing with the U.S. Securities and Exchange Commission last Thursday that past due accounts receivable from South Korean ocean carrier Hanjin Shipping had grown to approximately $18.6 million.
Baltic Exchange agrees to be acquired by Singapore Exchange
The $114.3 million deal is expected to be completed around late November.
Port of Vancouver volumes decline in first half 2016
Container throughput at the Canadian seaport stood at 1.4 million TEUs during the first six months of the year, a 6.5 percent decrease from the record setting throughput seen in the same 2015 period, according to recent data from the port authority.
JAXPORT takes delivery of new cranes for bigger ships
The three new super post-Panamax cranes arrived Friday aboard the Zhen Hua 14 and are scheduled to enter commercial operation by the end of the year.
Amazon to build 13th U.K. fulfillment center in Essex
The e-commerce giant said it plans to employ 1,500 permanent workers at the Tilbury, Essex warehouse and distribution center once it’s completed next year, in addition to creating 500 new jobs at a facility in Doncaster, South Yorkshire.
Special Coverage: Container shipping industry likely faces tough times ahead
DSF said it expects intra-regional trades to grow in importance at the expense of the main east-west trades.
California woman sentenced for illicit exports to China
The Justice Department said Wenxia “Wency” Man of San Diego was sentenced to 50 months in jail for conspiring to export U.S. military technology to China.
New U.S.-Mexico air transport agreement enters force
A new air transport agreement between the United States and Mexico entered force on Sunday, and promises to enhance passenger travel and air cargo opportunities.
FAA fines food shipper for illicit hazmat cargo
The Federal Aviation Administration has proposed a $54,000 civil penalty against Gordon Food Service of Wyoming, Mich. for allegedly violating federal hazardous materials regulations.