The commission said it has “reasonable grounds” to suspect the carriers engaged in collusive practices to fix incremental cargo rates from Asia to South Africa.
The terminal’s two berths became available earlier in 2016 when a lease with a bulk cargo operator ended, and although the port is mainly interested in responses to import/export bulk cargo, it will consider opportunities for other marine-dependent uses.
Newton Square, Pa.-based Sunoco Logistics Partners L.P. reached an agreement to purchase Vitol Group’s integrated crude oil business in West Texas for approximately $760 million plus working capital.
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Regulators in the United Kingdom ordered Amazon UK Services Ltd. to pay 65,000 British pounds (U.S. $84,288.92) for four counts of “causing dangerous goods to be delivered for carriage in an aircraft,” according to the country’s Civil Aviation Authority.
Ocean carrier CMA CGM of France announced new Freight All Kinds tariffs on multiple trades.
The ocean carrier’s revenue declined to $3.5 billion ($3.3 billion excluding the contribution from NOL) from the $4.1 billion in the second quarter of 2015 as the persistent pressure on freight rates drove down average revenue per TEU.