The U.S. Department of the Treasury’s Office of Foreign Assets Control issued sanctions against 16 Chinese and Russian entities and individuals for alleged dealings with North Korea.
Infor adds finance visibility and mobile enhancements to GT Nexus
New tools for GT Nexus commerce network users include a real-time cargo visualization layer and the ability for suppliers to see approved invoices in a single dashboard.
Remains of U.S. sailors found after collision between oil tanker, Navy warship
However, not all crewmembers who went missing after the guided-missile destroyer USS John S. McCain crashed into the tanker Alnic MC have been accounted for, according to a statement from the U.S. Navy.
TPG continues logistics software spree with BluJay investment
The global investment firm is providing transportation and trade software provider BluJay Solutions with a $500 million financing facility, after investing in fellow logistics tech firms Transplace, LLamasoft, and Transporeon.
ZIM taps MatchBack Systems for inland operations in Italy
The Israeli ocean carrier will utilize the software company’s “matchback” services for inland transport optimization in Italy, MatchBack Systems said in a statement.
Port of Virginia orders four new cranes
With a price tag of $44.8 million, the ship-to-shore cranes will be the largest delivered to the U.S. by builder Zhenhua Heavy Industries Co., according to Virginia Port Authority (VPA) Board Chairman John G. Milliken.
OOCL takes delivery of second 21,413-TEU mega-ship
The Hong Kong-based ocean carrier took delivery of the OOCL Germany today, the second of the six 21,000-TEU class vessels on order from the Samsung Heavy Industries shipyard on Geoje Island, South Korea.
Hutchison Ports partners with Iraq terminal operator
Hong Kong-based port operator Hutchison Ports has agreed to partner with NAWAH Port Management, LLC to manage existing and future operations at the Port of Basra in southern Iraq.
Incheon container volumes expected to rise 15% in 2017
The Port of Incheon, which moved 1.47 million TEUs during the first six months of 2017, anticipates that its container throughput for the second half of the year will total 1.61 million TEUs, bringing the full-year total to 3.08 million TEUs.
Port of Catoosa cargo volumes steady in July
During the first six months of the year, the Oklahoma multi-modal port handled over 2.3 million tons of cargo.