South African ports and rail operator Transnet SOC appoints CEO, while ASF Logistics names sales manager for Pacific Northwest.
NYK rep reiterates no VGM, no load
NYK’s Bill Ferguson told the Critical Commodities Conference this week that carriers must refuse loading to a container without Verified Gross Mass data submitted or risk insurance issues.
U.S. shipping groups ask Congress to protect Jones Act
Meanwhile, Rep. Mark Sanford, R.-S.C. asked why commercial ships in domestic trade must be built in U.S. when 30 of 46 ships in Ready Reserve Fleet are foreign built.
China agrees to end export-contingent subsidies
China has signed an agreement with the United States to end export subsidies provided through its so-called “Demonstration Bases-Common Service Platform” program.
SCFI falls 3.6%
Rates from Shanghai to Northwest Europe and the Mediterranean declined 6.9 percent and 6.6 percent, respectively, since last week, however various ocean carriers plan to increase rates from Asia to North Europe and the Mediterranean May 1.
Shipping losses hit a decade low
Allianz cautions shipowners not to skimp on maintenance and pay special attention when laying up ships.
Northwest Seaport Alliance praises effort to fund ‘donor ports’
Senate committee approves $25 million for ports that traditionally have received little money from the Harbor Maintenance Tax.
Long Beach container volumes climbing in early 2016
March volumes this year were lower at the Port of Long Beach, but the first quarter was the best since 2007.
U.S. arrests Chinese businessman for attempted illegal export
The U.S. Justice Department said an arrest was made in New York this week of a Chinese businessman who attempted to obtain and illegally export military-grade carbon fiber to China without a license.
Cargolux enhances presence in Vietnam
The Luxembourg, Germany-based cargo-dedicated airline introduced a third weekly flight to Ho Chi Minh City, Vietnam.