The Japanese shipping company said the acquisition is part of its goal of enhancing the stable supply of top-quality seafarers for liquefied natural gas carriers and tankers.
Dublin Port volumes rise 4.3% in 2017
The Irish seaport saw growth in most sectors in 2017, with imports reaching 21.5 million gross metric tons and exports totaling 14.9 million gross metric tons, up 3.9 percent and 4.9 percent year-over-year, respectively.
Port of Toledo posts 16% increase in cargo tonnage for 2017
The Lake Erie port saw 9.8 million tons of cargo cross its docks in 2017, port officials told local media source the Toledo Blade.
Executive Moves: ZIM, Schneider Packaging, A.N. Deringer and COA
ZIM appoints chief digital officer; Schneider Packaging names executive vice president; A.N. Deringer selects director of consulting and a new senior trade advisor; and the Container Owners Association names board member.
Maersk, IBM to get underway on blockchain joint venture
The joint venture will be headquartered in the New York metropolitan area and is expected to be up and running within six months, pending regulatory approval.
China’s trade with North Korea drops dramatically after UN sanctions increase
China’s trade with North Korea was cut in half between November and December, as UN sanctions over the country’s nuclear and missile development programs tightened, the Associated Press reported.
Port of Virginia to receive new cranes this month
The port finalized a $217 million contract in November 2016 for Konecranes to build and deliver 86 rail-mounted gantry cranes, and the initial six are scheduled to arrive at the end of this month.
Proposed Port of Long Beach rail yard up for vote soon
The Pier B On-Dock Rail Support Facility would shift more cargo to on-dock rail, which places containers directly on trains at marine terminals.
ITC authorizes Commerce to advance self-initiated AD/CVD cases on common alloy aluminum sheet from China
The International Trade Commission determined there is “reasonable indication” that imports of common alloy aluminum sheet from China are materially injuring the U.S. industry.
Falcon Maritime and Aviation, Tiger Logistics finalize merger of Indian operations
The merger will strengthen U.S. trade in India and trade between the Middle East and India, the companies said.