FASA

The Hong Kong-based container carrier transported 1.5 million TEUs in the second quarter of 2016 on revenues of $1.1 billion.

The Baltic Exchange, which publishes indexes for the dry bulk shipping and tanker industries, sent an agreement to its 48 shipbroking panelists asking them to sign the agreement, which would facilitate the finalization of an offer by the SGX.

The intermodal center, which is scheduled to commence operations in the late summer of 2018, will enable shippers from surrounding states to more easily reach the Port of Savannah by rail instead of truck, the Georgia Ports Authority said.

The U.S. Commerce Department made its affirmative final determinations in the antidumping and countervailing duty investigations of imports of certain cold-rolled steel flat products from several nations.

South Korean ocean carrier Hanjin is required to submit a plan for raising 1.1 trillion won to Korea Development Bank by the end of the month.

Colona, Ill.-based Tennant, which has been in business for more than 70 years, is known for its transport of over-dimensional construction and agricultural equipment.

The newly merged shipping conglomerate formed from the former companies COSCO and China Shipping has agreed to stop carrying shark fins on their ships, which are used as an ingredient in a popular soup served at banquets in China.

U.S. Customs and Border Protection has created a dedicated team to monitor violations of coastwise shipping rules as supporters tout the Jones Act’s homeland security benefits.

The new warehouse is the first facility in Vietnam to provide a super frozen storage room, which reaches as cold at -58 degrees Fahrenheit.