The International Cargo Handling Coordination Association reminded shippers and forwarders that the container weighing rule will go into effect Friday, with no three-month grace period as some have mistakenly understood.
The shipment management software provider officially launched its verified gross mass submission tool, which allows shippers and freight forwarders to use a centralized point to provide the verified container weight data to their carriers.
A.P. Moller-Maersk Group’s oil unit lost a bid for the renewal of its 25-year involvement in the Al Shaheen offshore field when the current agreement expires in July 2017.
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"Orphan carriers” excluded from the 2M Alliance and the proposed OCEAN Alliance are scheduled to brief the Federal Maritime Commission Wednesday.
The A.P. Moller-Maersk Group, parent company of Danish liner carrier Maersk Line, has named Soren Skou as its new chief executive officer.
South Korean ocean carrier Hyundai Merchant Marine signed a charter rate negotiation agreement with five containership owners for a charter rate reduction of about 20 percent.