U.S. President Barack Obama held an open forum with young entrepreneurs on the economic benefits of the 12-country Trans-Pacific Partnership free trade agreement yesterday in Ho Chi Minh City, Vietnam.
However, the International Maritime Organization's Maritime Safety Committee said there should be no delay in the implementation of the verified gross mass rule.
South Korean shipping conglomerate Hyundai Merchant Marine, which said it is continuing efforts to stabilize its business, predicts that normalization of its business is only a matter of time.
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The S.C. Ports Authority banks on profit-making strategy to finance infrastructure at Charleston and elsewhere.
The 19 ocean carrier members of the Ocean Carrier Equipment Management Association are collaborating with six major East and Gulf coast ports to establish a common streamlined “Terminal Weighing Approach."
Container transport revenues at the Danish shipping conglomerate fell 20 percent year-over-year for the quarter due to a 26 percent decline in average freight rates.