The ocean carrier alliance, consisting of Maersk Line and MSC, will adjust its Asia-North Europe network, which includes five services.

The Paris Memorandum of Understanding on Port State Control, which consists of 27 countries, said it will step up inspections in 2018 to ensure that vessels are burning low-sulfur fuel close to shore.

Industrial production in South Korea fell more than economists expected as weak exports and corporate restructuring of shipbuilders continue to hurt demand and business sentiment.

The U.S. Federal Maritime Commission has received 17 ocean transportation intermediary license applications and changes for review.

The South American nation is preparing to place a floating import terminal into service, which will be capable of unloading liquefied natural gas from tankers and turning it back into gas at a rate of 400 million standard cubic feet per day.

World Shipping Council President John Butler said existing regulations are adequate to manage economic competition and air pollution.

The Icelandic government, two Icelandic municipal authorities and the EFLA engineering company signed a memorandum of understanding to promote the creation of a new port in the northeast corner of Iceland.

The country’s only manufacturer of high-speed locomotives plans to raise as much as 12 billion yuan (U.S. $1.8 billion) in a private share sale in Shanghai to repay debt and to help finance its daily operations.

The country is producing more poultry than ever, but oversupply is hurting domestic prices and causing producers to seek out additional export markets.

The retail ready packaging company’s newest logistics and distribution center in Dublin, Ga. will create 110 new jobs in the region, according to a statement from Gov. Nathan Deal.