Volumes were up 10.4 percent from 2014, but on 7.4 percent fewer ships calling at the port, indicating that much of the cargo is arriving on larger ships, according to the Port Authority of New York and New Jersey.
The German ocean carrier's "Watchdog" software flagged more shipments both because of an increase in business and stricter regulations following the explosions in Port Tianjin last year.
The 25-member crew of the Safmarine Kuramo are reported to be safe after the vessel was boarded by armed hijackers off the coast of Nigeria Friday night.
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South Korean shipping conglomerate Hyundai Merchant Marine may be looking to sell its subsidiary securities firm, tourism unit, port container terminals, or bulk carriers, according to various media reports.
The Commerce Department’s Bureau of Industry and Security and the Treasury Department’s Office of Foreign Assets Control have announced further regulatory amendments to expand the types of U.S. goods allowed for export to Cuba.
Many are either unprepared for or completely unaware of the Modern Slavery Act, which requires businesses in the U.K. to report efforts to eradicate human trafficking and slave labor from their supply chains, according to a recent survey from the CIPS.