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A tie-up between Singapore's Neptune Orient Lines, parent of liner company APL, and CMA CGM of France would combine the third and thirteen largest container carriers worldwide.
Deutsche Post DHL Group reported consolidated net profits of 49 million euros for the third quarter of 2015, an 89.5 percent year-over-year decline, which primarily resulted from a decline in earnings before interest and tax.
The Virginia Port Authority plans to extend VIG terminal lease by several decades and the governor wants to use bonding authority to borrow $350 million for other port improvements.
The Singapore-based ocean carrier joined MOL's GPX loop this week to offer capacity from Balboa, Panama to Callao, Peru.
The Crown Emma ran aground on the western bank of the Bosphorus Strait near Kirecburnu, Turkey and nearly collided with a gas station on shore, according to reports from Splash 24/7.
Meanwhile, a Federal Aviation Administration task force released its recommendations regarding a registration program for unmanned aircraft systems that will affect the use of drones in both commercial and recreational settings.