Maersk Line officially sold off Brazilian cabotage specialist Mercosul Line to CMA CGM on Friday.
APMT assists Nigerian farmers with cold chain transport solutions
The terminal operator has partnered with international development organizations to assist Nigerian farmers in transporting perishable goods to the market hub of Lagos.
NRF: Container imports at major U.S. ports hold strong in October
Ports covered by the National Retail Federation’s Global Port Tracker handled 1.77 million TEUs of imports in October, up 0.3 percent from September and a year-over-year boost of 5.9 percent.
Senators file NTSB reauthorization, reform legislation
Highlights of reforms in the National Transportation Safety Board (NTSB) Reauthorization Act (S. 2202) include closing loopholes that allowed the release of confidential information by other federal agencies obtained during NTSB investigations.
SCFI falls 3.9%
Spot container rates from Shanghai to the United States declined since last week, while rates from Shanghai to Europe and the Mediterranean increased slightly, according to the Shanghai Shipping Exchange’s Shanghai Containerized Freight Index (SCFI).
“K” Line containership under inspection after drifting away from Port of Boston
The 8,614-TEU vessel Helsinki Bridge broke free from its berth and drifted away from the Port of Boston during heavy winds on Tuesday, according to multiple media reports.
Port Canaveral completes West Turning Basin deepening project
The six-month project involved deepening the West Turning Basin to the authorized depth of 43 feet (plus two feet of additional overdredge), complementing the existing authorized port channel depth of 44 feet.
OOCL to introduce new Japan-Vietnam service
The KTX7 will complement six current loops in OOCL’s KTX suite of services, connecting Japan to Southeast Asia markets, the Hong Kong-based ocean carrier said in a statement.
PANYNJ approves $3.2b for operations in 2018, $3.4b for capital projects
The Port Authority of New York and New Jersey’s (PANYNJ) 2018 operating budget is an increase of $61 million, or 1.9 percent over the 2017 budget, and expenses are expected to be offset by a revenue increase of $127 million (2.5 percent), over last year.
ITC: Canadian softwood lumber harms U.S. producers
The International Trade Commission’s (ITC) determination that U.S. softwood lumber producers are harmed by similar products from Canada allows the continued imposition of U.S. antidumping and countervailing duty orders against these imports.