Although exports from Japan in September fell 6.9 percent from a year prior to 5.97 trillion yen, the decline was not as sharp as analysts had projected.
The Federal Maritime Commission said Friday it concluded its review of the proposed OCEAN Alliance, allowing the new ocean carrier alliance to take effect Monday, although it is not expected to commence operations until around April 2017.
PierPass, whose members consist of the 13 container terminals at the ports of Los Angeles and Long Beach, held a workshop last Thursday to evaluate extended gate options.
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Taiwanese ocean carrier Evergreen Line partnered with COSCO of China to launch the Adriatic - Israel Service.
The hits just keep coming for the beleaguered South Korean ocean carrier as the 8586-TEU Hanjin New York dragged anchor and contacted the 4038-TEU MSC Claudia, causing 11 empty containers to fall overboard, according to Singapore’s The New Paper.
Meanwhile, The Federal Maritime Commission told American Shipper Tuesday that despite Hanjin no longer accepting bookings in the U.S., the commission hasn’t received any amendments to the CKYHE Alliance agreement since it was originally filed in 2014.