Authorities are still searching for the very large ore carrier Stellar Daisy and its 22 crew members after losing contact with the vessel in the South Atlantic about 1,500 miles off the coast of Uruguay, South Korea’s foreign ministry said Sunday.
MOL CEO predicts ‘return to profitability’
Scheduled to commence operations in April 2018, the integration of Japan’s “Big 3” container lines – MOL, NYK and “K” Line – is a project of “monumental significance,” MOL President and CEO Junichiro Ikeda said in his annual message to employees.
More shipping lines agree to cut terminal handling charges in China
Seven more container shipping lines, including OOCL and ZIM, have offered to cut terminal handling charges in China, the Xinhua News Agency reported.
Rhenus expands German warehousing footprint
The third-party logistics provider’s decision to expand warehousing space at three of its locations in Germany was fueled by e-commerce growth.
ITF lodges complaint against Madagascar government
The Madagascar government fired 43 dockworkers last month for joining a union known as SYGMMA.
Carey Island, Malaysia could gain new ‘maritime city’
Malaysian port operator MMC Port Holdings will partner with Adani Ports and Sime Darby Property under a memorandum of understanding to study the feasibility of developing an integrated maritime city on Carey Island, Malaysia.
Ethiopian Airlines launches new freighter routes to Europe
The airline has introduced new routes to Milan, Italy and Zaragoza, Spain.
Taggart International buys Freight Quest Logistics
Transportation and trade management company Taggart International has acquired Freight Quest Logistics, an international freight consultancy company.
Coalition of shipper, transport groups oppose container tax
The South Coast Air Quality Management District proposed a tax on container shipments to fund incentives for further reducing ozone levels.
Trump picks McAleenan as permanent CBP commissioner
President Trump nominated Kevin K. McAleenan to permanently lead U.S. Customs and Border Protection, which is now pending Senate confirmation.