Looking ahead at 2017, Duluth Seaway Port Authority Public Relations Director Adele Yorde told American Shipper the port authority will be completing a “de-bottlenecking project” on the main footprint of its Clure Public Terminal this year.
The German ocean carrier said the bonds are not for sale in the United States, and proceeds will be used for early redemption of notes due later this year and for general corporate purposes.
A study prepared for the Directorate-General for Climate Action found that savings from Flettner rotors and wing sails are seen as comparable.
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The Danish shipping line issued a report Tuesday, with support from market analyst DataLiner, that projects Brazilian trade will grow 1 percent in 2017.
Elaine Chao has served as Secretary of Labor under President George W. Bush and Deputy Secretary of Transportation under President George H.W. Bush.
The Memphis, Tenn.-based integrator posted a net income of $700 million on revenues of $14.9 billion for the second quarter of fiscal year 2017, which ended Nov. 31, year-over-year increases of 1.3 percent and 19.2 percent, respectively.