The United Kingdom's vote to leave the European Union last week could have implications for the Transatlantic Trade and Investment Partnership between the U.S. and EU, as well as the Trans-Pacific Partnership, according to experts at the Stimson Center.
The struggling South Korean shipping line plans to return 20 containerships and 18 bulk vessels when their charters expire this year and next as the latest step in its cost cutting and restructuring efforts.
A collection of maritime industry groups on Monday released a revised set of frequently asked questions to support smooth implementation of the container weight rule scheduled to take effect Friday.
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The South Korean ocean carrier's results for the quarter were hindered by continuously falling freight rates and the imbalance of supply and demand.
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.
Port of Seattle picks head of environment and the Port of Brownsville elects chairman, while K+N names global head of air freight and IATA appoints chairman.