Industry leader Maersk Line, along with MSC and 13 other container lines, might not be subject to further penalties stemming from a five-year European Commission probe, according to a report from Reuters news service.
The Ocean Carrier Equipment Management Association said that a key benefit of the terminal weighing approach is that shippers will not be required to perform any additional actions in order to provide the verified gross mass of containers.
The Oakland, Calif. City Council passed an ordinance to ban the storage and handling of coal and coke at bulk terminals in the city, representing the latest blow to Terminal Logistics Solutions’ plan for a dry bulk terminal to handle coal and other goods.
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Federal Maritime Commission Chairman Mario Cordero said one of the items that has been on his agenda since becoming chairman in 2013 is to have a better funded and better resourced Federal Maritime Commission.
The German ocean carrier decided to postpone its annual general meeting originally scheduled for June 1 for a later date, due to continuing talks with UASC about a combination of their container shipping activities.
The French ocean carrier transported 2.9 percent more containers, but saw the average freight rate tumble 17.6 percent when compared to the first quarter of 2015.