Representatives from Chanel Fragrances and Beauté, Ericsson, Sandvik Machining Solutions, Marine Harvest RMT and Teva Pharmaceutical Industries have joined the association’s Shipper Advisory Committee.
The Shanghai Containerized Freight Index rose 9.8 percent since last week to a reading of 577.81, as rates from Shanghai to both Northwest Europe and the Mediterranean jumped 36.6 percent and 21.8 percent, respectively.
Struggling South Korean shipbuilder STX Offshore & Shipbuilding Co. on Friday filed for receivership with the Seoul Central District Court amid mounting debt and continued losses.
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The 4,650-TEU Safmarine Meru, the first ship on the 2M Alliance's new TP18/Lone Star Express service, had only 400 containers on board, while the other ship, the Northern Jasper, was off-hire, according to Maersk Line officials.
United Kingdom-based chilled food distribution solutions provider NFT opened the largest temperature-controlled quayside distribution hub in Europe at the Port of Tilbury.
The Port of Savannah will weigh export containers at no cost to help shippers comply with new International Maritime Organization requirements for providing verified gross mass data to carriers.