Helen Delich Bentley, who represented Maryland's 2nd District in the U.S. House of Representatives from 1985-1995 and served on the Federal Maritime Commission from 1969-1975, reported her health has improved.
The London-based shipping consultant reported that OOCL of Japan was the most reliable container shipping carrier in May, with an on-time performance score of 81.1 percent.
An American Shipper poll of shippers and forwarders revealed that nearly 90 percent believe at least some cargo will be delayed by the verified gross mass rule that went into effect globally today.
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The 9,742-TEU containership COSCO Shipping Panama began its historic passage through the expanded waterway, construction of which began back in 2007, Sunday morning.
The first commercial passage of a neopanamax containership through the new locks and third lane of the canal will occur on Sunday with the 9,472-TEU COSCO Shipping Panama.
German ocean carrier Hapag-Lloyd reached an agreement with United Arab Shipping Company on a merger that would make Hapag-Lloyd the fifth largest container carrier in the world.