The Greek port saw profits for the first half of 2016 jump 5.6 percent year-over-year to 12.7 million euros, despite headwinds from a 28-day strike carried out by staff between May and June.
The Sulaibiya, Kuwait-based third-party logistics provider has agreed to work with Maersk Line to cut carbon dioxide emissions by 15 percent per container as part of the Danish ocean carrier’s Carbon Pact Challenge, Agility said in a statement.
The International Longshore and Warehouse Union and the Pacific Maritime Association said exploratory contact extension talks are tentatively set for Nov. 1-2.
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The ports of Savannah and Brunswick will be closed for operations Friday, Sept. 2, 2016, as a result of expected severe weather caused by Hurricane Hermine, which was recently upgraded from a tropical storm to a category 1 hurricane.
Carriers may seek to "turn the table" on shippers who drove hard bargains, but an upturn in rates may be short-lived.
Electronics manufacturer Samsung said in court filings that "cargo owners are being held hostage," while Maher Terminals said it "is not required to extend free credit to Hanjin, and should not be forced to."