The two parities failed to agree on the specifics of the proposed transaction, resulting in the entire deal being terminated, FSL Trust said in a statement Sunday.

PSA Turkey and IFM Investors of Australia have been approved under EU merger Regulation to acquire the operator and manager of Mersin International Port in Turkey, according to a statement from the European anti-trust watchdog.

The chassis pool management company will launch its “quick and seamless” booking system for chassis and other related equipment starting Oct. 2, Consolidated Chassis Management said in a statement.

New York-based luxury goods retailer Richemont North America has agreed to pay a $334,800 civil penalty to settle four violations of the Foreign Narcotics Kingpin Sanctions Regulations, according to the Office of Foreign Assets Control (OFAC).

The U.S. Federal Maritime Commission has received 15 ocean transportation intermediary license applications and changes for review.

U.S. Sens. John McCain, R-Ariz., and Mike Lee, R-Utah, introduced legislation to permanently exempt Puerto Rico from the Jones Act, which requires that all goods shipped between American ports travel on U.S.-flagged ships with American crews.

Not only is the composite index of container freight rates from around the world down by 4.9 percent this week, but it’s also down 6 percent from the same period in 2016, according to London-based maritime industry consultant Drewry.

The immediate issuance of penalties beginning Nov. 1 will further “motivate” compliance with regulations surrounding wood packaging materials in international shipments, U.S. Customs and Border Protection (CBP) said in a statement.

Despite the loss, the Oslo, Norway-based subsidiary of Germany’s MPC Capital has raised another $100 million for vessel acquisitions and has reportedly acquired three more vessels, bringing its total fleet to 23 ships in just nine months.