FASA

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.

The deal will enable manufacturing and development of the Khalifa Port Free Trade Zone in the United Arab Emirates, terminal operator Abu Dhabi Ports said in a statement.

The company also reported cash flow from operating activities at negative $1.1 million USD during the first six months of 2017, but positive $0.3 million in the second quarter.

Responding to an unquenchable thirst among worldwide consumers for wine, beer and spirits, express carrier UPS said it has recently expanded its global delivery services for liquor.

American Airlines Cargo has added multiple truck options per night to its European network for increased capacity and routing options, the company said in a statement.

Fukuoka, Japan-based Eco Marine Power is preparing for sea trials of solar panels which it has designed in the form of multiple rigid sails to be placed topside on bulk vessels.