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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The U.S. maritime regulator granted the five-member ocean carrier alliance approval to take effect Dec. 19.
The 4,250-TEU APL Denver collided with the 2,495-TEU Wan Hai 301 late last night near Pasir Gudang Port in Johor, Malaysia, causing fuel to spill from one of the ship’s bunker tanks, according to Maritime and Port Authority of Singapore.
The Shanghai Containerized Freight Index increased 3.4 percent since last Friday to a reading of 824.39, largely driven by significantly higher rates from Shanghai to the United States.