Fincantieri and GE’s Shipboard Pollutant Removal System is expected to help vessels comply with MARPOL emissions limits scheduled to go into effect by 2020.

The French ocean carrier will sell a 90 percent equity interest in the Global Gateway South terminal at the Port of Los Angeles to EQT Infrastructure III for $817 million.

On Aug. 1, the price terminals at the Southern California ports of Los Angeles and Long Beach charge for moving cargo during daytime hours Monday through Friday will increase 2.3 percent to $72.09 per TEU, or $144.18 per FEU.

Dalian Global Unity Shipping, two Chinese nationals and Bank of Dandong have been banned by the U.S. Treasury Department for violating a United Nations ban on shipping and transactions with North Korea.

Eli Glickman took over as president and chief executive officer of ZIM Integrated Shipping Services Ltd on July 1, replacing Rafi Danieli, who had served in the post since 2009.

RocketSpace and Kaleido Logistics’ second cohort of 10 companies just finished the program, and applications for the third group of participants are open until July 23.

Hong Kong-based 3PL Kerry Logistics Network has acquired 50 percent stake in Lanzhou Pacific Logistics Ltd., joining with China Railway Container Transport Co. Ltd. which oversees the management and operations of the entity.

Austrian third-party logistics services provider Gebrüder Weiss has placed three U.S. offices under a single brand in Atlanta, Boston and Los Angeles, effective July 3, and is opening offices in New York and Chicago.

The Hoyer Group has acquired French intermediate bulk container lessor CCR, which has a strong presence in the cosmetics industry.

ZIM names president and chief executive officer, Kane Is Able appoints senior vice president of sales and marketing, and the 21st Singapore Shipping Association introduces SSA Council 2017/2019.