The Icelandic government, two Icelandic municipal authorities and the EFLA engineering company signed a memorandum of understanding to promote the creation of a new port in the northeast corner of Iceland.
SSA Marine's Oakland International Container Terminal will make appointments mandatory for the majority of containerized import pick-ups in order to shorten lines at terminal gates and speed up cargo delivery to customers.
The company plans to accept the weights that clients provide as certified, but if clients are not able to provide the certified weight, it will weigh the cargo on their behalf.
Registration takes less than 1 minute.
Beneficial cargo owners fear that service levels will decline to the lowest common denominator when carriers pool their cargo on one vessel.
Shares of the fellow China-owned shipping conglomerates, which recently merged at the behest of the Chinese government, jumped as much 9.9 percent and 10 percent, respectively, in Shanghai trading yesterday.
Stock in South Korea’s second-biggest container carrier fell the most in three weeks in Seoul trading on uncertainty over whether the company would obtain deep discounts for rates on leased vessels in its negotiations with shipowners.