The Icelandic ocean carrier has entered into an agreement to purchase three 2,200-TEU ice-class vessels from Guangzhou Huangpu Wenchong Shipyard in China, with an option for three more, according to report from maritime news outlet Splash 24/7.
Just 10 percent of longshoremen requested by terminal operator employers came to work on Friday, bringing vessel operations to a near standstill at the Northern California port, according to port spokesman Michael Zampa.
Global professional services company Accenture will acquire the corporate advisory and aviation consulting business of Seabury Group.
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Under new rules that took effect last month, freight forwarders managing inbound shipments to Canada must now submit electronic house bills of lading prior to arrival.
Federal Maritime Commissioner William P. Doyle said SM Line plans on launching a transpacific service and eight intra-Asia services.
Global trade in 2016 was sluggish, as import volumes and global container throughput dipped, but the negligible dip in global trade was accompanied by radical shifts in freight pricing.