The voyage data recorder from the U.S.-flag cargo ship that sank Oct. 1, 2015 near the Bahamas was in good condition and revealed bridge audio, weather data and navigational data.
The German ocean carrier said its merger with UASC will create the world's fifth largest container carrier and secure the large ships it needs for the Far East-Europe trade.
The Government Accountability Office has denied a competitor's protest that the U.S. Transportation Command improperly awarded a contract to operate a major military port.
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Rolf Habben Jansen, the chief executive officer of ocean carrier Hapag-Lloyd, said he believes consolidation in the shipping industry resulting from deals such as Monday’s merger agreement between Hapag-Lloyd and UASC will benefit the container industry.
Chinese authorities have said that containers from certain countries shall be subject to effective anti-mosquito treatment in order to prevent the virus from spreading, which has left many shippers concerned.
The containership charterer said in a filing with the U.S. Securities and Exchange Commission last Thursday that past due accounts receivable from South Korean ocean carrier Hanjin Shipping had grown to approximately $18.6 million.