A new position paper from the Agriculture Transport Coalition lays out options such as delaying enforcement of the SOLAS verified gross mass requirement or allowing weight variance, and requests a congressional inquiry into the IMO.
Rather than pursue a potentially damaging proxy fight to install new leadership, Canadian Pacific is asking NS shareholders to urge the company’s board to “engage in good faith discussions with CP.”
Maritime industry groups are concerned that the 2017 fiscal year budget request from the Obama administration will hurt progress made by ports on infrastructure and the environment.
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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.
Kalmar, a subsidiary of cargo handling machinery maker Cargotec, received an order from the container terminal operator for 27 straddle carriers.
A $60 million upfront payment by Ports America and TIL gives the Northern California port limited recourse following their departure from Oakland Harbor Terminal, according to a research note by Fitch Ratings.