The new warehouse is the first facility in Vietnam to provide a super frozen storage room, which reaches as cold at -58 degrees Fahrenheit.
Meanwhile, just this Friday, the Shanghai Shipping Exchange said its Shanghai Containerized Freight Index declined 6.2 percent from last Friday’s reading of 670.29 to a reading of 628.59.
William E. (Bill) Woodhour became president of Maersk Line, Ltd. (MLL) July 1 and will eventually become chief executive officer of the company, taking over from Russ Bruner, who has been president and CEO of MLL since 2014.
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The Obama administration is rushing to help contain the turmoil roiling Europe in the aftermath of the United Kingdom’s decision to leave the European Union (EU), with 51.9 percent of voters choosing to leave the EU, while 48.1 percent wanted to remain.
The technologies needed to create remote and autonomous ships already exist, meaning it’s actually a matter of when it becomes a reality, not if, according to the Rolls-Royce led Advanced Autonomous Waterborne Applications Initiative.
Gov. Nathan Deal said the wider set of canal locks that opened Sunday will enable the Port of Savannah to reinforce its market share for all-water trade from Asia.