FASA

The international oil shipping services provider reported net profits attributable to owners of the company tumbled 37.4 percent year-over-year for the first nine months of 2016, while revenues fell 13.3 percent from the same 2015 period.

However, the trade deal, known as the Comprehensive Economic and Trade Agreement, still must be approved by nearly 40 regional and national parliaments in Europe before it can be implemented.

In the final months of the Obama administration, officials at the Commerce Department’s Bureau of Industry and Security said they remain as busy as ever on the reform of the nation’s export control system.

The Danish global transport and logistics provider reported 692 million Danish krone (U.S. $102.7 million) in adjusted earnings on DKK 17.2 billion in the third quarter of 2016, year-over-year increases of 14.8 percent and 37.3 percent, respectively.

The environmental incentive program, designed for ship users who meet high efficient standards, will being Jan. 1 and participation is optional.

The national postal carrier of Argentina has tapped Deutsche Post DHL Group to provide expertise in logistics services, supply chain infrastructure, and domestic and international parcel service as part of an operational restructuring.

The global third-party logistics provider has opened a new branch office in Hanoi, Vietnam, as well as new facilities in Hong Kong and Mumbai, India, the company said in a statement.

PIL Logistics Egypt Limited’s new facility offers warehousing, distribution, inventory management, value added service, and order fulfilment services.

The non-vessel-operating common carrier said a Gothenburg-to-Atlanta service will launch next month.

The Customized Logistics and Delivery Association picks new executive director and the Alabama State Port Authority names board chairman, while the Port of Melbourne selects CEO and the Nautical Institute appoints chief executive.