A new port navigation system consisting of 12 off-shore buoys and two land-based range markers, will allow for night time operations at the Liberian port for the first time in three decades, APM Terminals said in a statement.
The agriculture shipper advocate praised container weighing methods recently outlined by the Ocean Carrier Equipment Management Association and G6 Alliance carriers, saying terminals nationwide should adopt similar methods.
The Port of Oakland commissioners have unanimously awarded Executive Director Chris Lytle a new three-year contract, keeping him on board through July 2019.
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Ship owners on Wednesday broke off rate negotiations with struggling South Korean shipping conglomerate Hyundai Merchant Marine without reaching an agreement, according to multiple reports from Korean media outlets.
A sense of what the container shipping industry may look like a year from now has started to emerge as ocean carriers seek to avoid a financial wreck from overcapacity and low freight rates.
The Calgary-based Class I railroad cited lower-than-anticipated bulk volumes, the devastating wildfires in northern Alberta and a strengthening Canadian dollar as the primary reasons for the downward revision in earnings expectations.