Secretary of Labor R. Alexander Acosta toured the 484-acre terminal and met with leadership from the International Longshore and Warehouse Union and the Pacific Maritime Association during the visit.

The new cranes are part of a $60 million terminal expansion and modernization program to prepare Matson’s Hawaii operational hub for the arrival of four new ships the company has on order.

Maersk Oil’s liquids-weighted production will provide the French energy giant with short-term benefits, with key United Kingdom and Norway assets boosting cash flow, and possibly cost-savings synergies in the North Sea, according to Energy Intelligence.

Previously occupied by BAE Ship Repair and then Puglia Engineering, the shipyard at Pier 70 in San Francisco is undergoing investments and improvements including dredging and is now up for lease, according to the city and county.

Through the first six months of the year, full import volumes at the Pacific Northwest ports of Seattle and Tacoma were up 6 percent to 803,357 TEUs, while full exports were flat at 540,344 TEUs, according to data from the Northwest Seaport Alliance.

The Neopanamax vessel CMA CGM Theodore Roosevelt, which measures 1,200 feet in length and 158 feet in beam and has a container carrying capacity of 14,885 TEUs, on Aug. 22 became the largest ship to ever transit the Central American waterway.

The agreement will provide Maersk Tankers with access and exclusive rights to Boston-based hedge fund CargoMetrics’ analytical models, algorithms and capabilities.

IBM and the Maritime and Port Authority of Singapore (MPA) successfully completed a pilot trial of three out of seven modules that will utilize data analytics to increase port safety and improve port volumes.

Airfreight rates rose on east-west routes to an average of $2.64 per kilogram in July 2017, an increase of 1.9 percent from the previous month and 1.5 percent from the same 2016 period, according to Drewry’s East-West Airfreight Price Index