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Yang Ming looks to turn recent volume, revenue gains into profits

Troubled container carrier Yang Ming Marine Transport is hoping a recapitalization plan, along with strong ties to the Taiwanese government and recent growth in global trade, will help lift its operations back into the black.

Shipping NewsPosted on: August 23, 2017

U.S. transportation employment rises modestly in July

The transportation and logistics sector added 900 position in July 2017 from June 2017, according to recent preliminary data from the U.S. Department of Labor.

Shipping NewsPosted on: August 23, 2017

Milaha to launch Qatar to Turkey reefer service

The service is a regularization of two ad hoc voyages of reefer vessels from Turkey to Qatar that maritime transport and logistics company Milaha had arranged the past few weeks.

Shipping NewsPosted on: August 23, 2017

ANSAC fined for unauthorized ballast water discharge near Portland

The Connecticut-based bulk carrier was issued a $5,000 fine after marine inspectors discovered that the freighter ANSAC Moon Bear discharged untreated ballast water into the Willamette River on three separate occasions during port calls in 2017.

Shipping NewsPosted on: August 23, 2017

U.S. shipping firm reaches settlement with OFAC for violating Iran sanctions

Blue Sky Blue Sea, Inc., doing business as American Export Lines and International Shipping (USA) (collectively referred to as AEL) agreed to pay $518,063 for violating U.S. sanctions on Iran 140 times.

Shipping NewsPosted on: August 23, 2017

Executive Moves: Schneider Packaging Equipment and World Shipping

Schneider Packaging Equipment names new president, while World Shipping, Inc.’s vice president of operations retires.

Shipping NewsPosted on: August 23, 2017

Commentary: Meeting the B2C challenges

New business-to-consumer e-commerce practices are rapidly changing the way retailers and their supply chain providers operate, as well as how governments apply trade oversight.

Shipping NewsPosted on: August 23, 2017

Regulatory Digest – August 22, 2017

Shipping NewsPosted on: August 22, 2017

CSX CEO Harrison rebukes RCC letter to Congress

The Rail Customer Coalition has requested a Congressional investigation into CSX’s recovery efforts following reports of widespread service disruptions in the wake Hunter Harrison’s installation as chief executive of the East Coast Class I railway.

Shipping NewsPosted on: August 22, 2017

HMM in talks with BlackRock over potential $879m investment

South Korean ocean carrier Hyundai Merchant Marine (HMM) is in discussions with the world’s largest asset management firm, BlackRock, to bring in an investment ranging from 600 billion to 1 trillion South Korean won (U.S. $527 million to $879 million).

Shipping NewsPosted on: August 22, 2017

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  • Gemini Shippers joins coalition seeking suspension of detention and demurrage charges
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Fashion Accessories Shippers Association

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