Shipping analyst Johnson Leung is behind Hong Kong-based tech startup 300cubits, which believes blockchain-backed cryptocurrency could finally change the eternal cycle of overbooking and no-shows in container shipping.

For the six months ended June 30, Matson reported net income of $31 million, or $0.72 per diluted share, compared with $36.1 million, or $0.83 per diluted share, in the same 2016 period, according to the ocean carrier’s most recent financial statements.

The barge-based ‘Caribbean FLNG’ vessel is the world’s first barge-based floating LNG production unit, according to Exmar.

New Orleans-based offshore vessel services company Tidewater estimates that its interest and operating lease expenses will be reduced by about $73 million annually under the reorganization.

CSX CEO E. Hunter Harrison promised “precision scheduled railroading” under his watch, but significant service problems by the railroad and the outcry from shippers seeking relief has pressed the U.S. Surface Transportation Board into taking action.

Japanese ocean carriers NYK, MOL and “K” Line all recorded year-over-year revenue growth in their container segments for the quarter ending June 30, 2017, thanks to rising freight rates.

Hong Kong-based containership lessor Seaspan says Gerry Wang is expected to continue in his current role as chief executive officer until a permanent replacement is found, or until Dec. 31, whichever comes first.

Total year-to-date volumes for the ports of Seattle and Tacoma, which jointly operate as the Northwest Seaport Alliance, are up 7 percent compared with the first six months of 2016 despite a slight dip in traffic in June, according to data.

The rate management software provider surveyed global forwarders and NVOs in June and found more than 90 percent want real-time online rate information.

Prior to the latest announcement, STX France had been up for sale, with Italian group Fincantieri emerging in April as the apparent winner before a deal fell apart.