FASA

The “eco-friendly mega containerships” are part of the Korean carrier’s plan to grow its fleet’s carrying capacity to 1 million TEUs.

Patriot Rail Co. has appointed a new chief commercial officer, while JAXPORT has named its director of government affairs.

The Jacksonville, Fla.-based AMPORTS has vehicle terminals and processing facilities in ports on the East and West coasts of both the United States and Mexico.

The Treasury Department’s Office of Foreign Assets Control (OFAC) on Friday added over three dozen Russian and Ukrainian individual and entity designations pursuant to a sanctions statute enacted in August.

According to the European Commission, international shipping accounts for 2 percent to 3 percent of all global greenhouse gases emissions, a number that is projected to rise along with the growing world economy.

Imports at ports tracked by the National Retail Federation’s Global Port Tracker surged 15.8 percent year-over-year to 1.69 million TEUs, but the association warned a potential tit-for-tat tariff battle with China could significantly slow cargo growth.

The U.S. Department of Commerce will impose a subsidy rate of nearly 175 percent on imports of stainless steel flanges, valued at $16.3 million in 2016.

Ship construction standards, pollution and piracy are among the agenda items to be discussed at a May 11 meeting of the State Department-led Shipping Coordinating Committee in Washington, D.C.

The Persian Gulf island will continue to accept U.S. certifications for food and agriculture exports, which totaled $76 million in 2017.

RK Logistics names vice president of operations, and Voga-Dnepr Group appoints vice president of sales and marketing.