The Honolulu-based liner carrier will launch its South Pacific Express service in August, which will transport U.S. West Coast cargo transshipped at Honolulu to Samoa, American Samoa, Tonga and Fiji.
CMA CGM surpasses 90% ownership threshold in NOL
The French ocean carrier said it intends to have Singapore’s Neptune Orient Lines delisted from the Main Board of the Singapore Exchange as it pushes forward to acquire all of the shipping company’s shares.
New equipment enables 24-hour operations at Monrovia Free Port
A new port navigation system consisting of 12 off-shore buoys and two land-based range markers, will allow for night time operations at the Liberian port for the first time in three decades, APM Terminals said in a statement.
Maasvlakte terminals to institute paperless transfer system
The Dutch Tax and Customs Administration and participating terminal operators will no longer require a physical customs document to be submitted when transferring containers from one terminal to another at the Maasvlakte facility in the Port of Rotterdam.
GRI Roundup: Maersk Line and CMA CGM
Ocean carriers Maersk line of Denmark and CMA CGM of France issued general rate increases.
AAWA lays out vision for autonomous shipping
The technologies needed to create remote and autonomous ships already exist, meaning it’s actually a matter of when it becomes a reality, not if, according to the Rolls-Royce led Advanced Autonomous Waterborne Applications Initiative.
AgTC urges U.S. terminals to adopt favorable VGM methods
The agriculture shipper advocate praised container weighing methods recently outlined by the Ocean Carrier Equipment Management Association and G6 Alliance carriers, saying terminals nationwide should adopt similar methods.
Transnet sees full-year earnings, revenues increase
South Africa’s state-owned ports and rail operator Transnet SOC Ltd. experienced an increase in earnings and revenues for the year ending March 31, 2016, as container and automotive volumes rose.
Commentary: Maerskās new CEO needs a bit of bravery to unlock value
A.P. Moller-Maersk Group’s new CEO Soren Skou has his work cut out to move the company’s shares higher, according to Bloomberg Gadlfy columnist Chris Bryant.
ITC finds corrosion-resistant steel imports harmful to U.S. industry
The U.S. International Trade Commission has determined that imports of corrosion-resistant steel products from China, India, Italy, South Korea and Taiwan harm domestic producers of similar products.