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Five-year contract now goes to rank and file union members for a ratification vote.
Rickmers, which manages the ship for Maersk said Iranian navy fired "warning shots" at Marshall Islands-flagged Maersk Tigris.
The 10th largest container carrier warns that 2015 will likely see capacity outpace demand for shipping.
U.S. Naval Forces Central Command has begun accompanying U.S.-flagged maritime traffic in the Strait of Hormuz.
Shanghai Index shows rates have increased to the West Coast, but are still below the TSA recommendation.
Acquiring the Norwegian bulk liquid transport and logistics service provider will allow HOYER to expand its petroleum solutions business in Northern Europe.