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Appropriateness of detention and demurrage charges must be addressed on a case-by-case basis, says World Shipping Council.
Daewoo Shipbuilding will build more mega-ships for the Danish ocean carrier, according to recent media reports.
Customs and Border Protection official at WCO conference said the cultural and IT differences between agencies have been challenges to building a common platform for trade regulation.
Pasha Group acquired Horizon Line's Hawaii trade lane operations, while Matson took over the ocean carrier’s Alaska business.
The benefits of upsizing are beginning to plateau and require more infrastructure investment, according to a new report by the OECD's International Transport Forum.
Rates on routes from Shanghai to the United States, on the other hand, rebounded from last week, according to estimates from the Shanghai Shipping Exchange.