The Baltic Exchange Ltd. entered into exclusive talks with the Singapore Exchange Ltd., following an "attractive" proposal from the Asian bourse.
The inland river port handled 180,328 tons of waterborne cargo in April, a 23 percent year-over-year increase, the port said.
Strong language is often needed to advocate for a position, but now that progress is being made on container weight verification, people should choose their words more carefully.
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NYK's Bill Ferguson told the Critical Commodities Conference this week that carriers must refuse loading to a container without Verified Gross Mass data submitted or risk insurance issues.
The Port of Houston authority announced its new policy on container weights, as well as container throughput for the the first quarter and developments with ongoing infrastructure improvement projects.
The U.S. Coast Guard bulletin regarding compliance with the International Maritime Organization's verified gross mass requirement "seems to allow for more flexibility," says Federal Maritime Commission Chairman Mario Cordero.