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The ocean carrier has ended its slot charter agreement with COSCO and Hanjin on their dedicated loop connecting China with Cristobal and Houston.
Ocean carrier now purchases slots on two weekly services between Gulf ports and the East Coast of South America.
The new WAZZAN loop will complement its existing EURAF loops, calling Mauritania and Senegal directly from Spain and Morocco and serving Mali via intermodal connections in Dakar.
Rolls-Royce will lead the $7.3 million Advanced Autonomous Waterborne Applications Initiative, which could pave the way for autonomous ocean cargo vessels, according to IHS Maritime.
Port disruptions caused by contentious dockworker contract negotiations likely reduced real export growth 1.5 percent in the first quarter, according to a recent study by the Federal Reserve Bank of New York.
MacroPoint hires new VP, while Bibby Ship Management names safety and quality director.