More than 100 neopanamax ships have already made reservations to transit the waterway's new larger locks following the historic inauguration and first voyage, according to the Panama Canal Administration.
The European Union competition watchdog said a trustee will monitor both companies to ensure there is no information sharing between the Ocean3 and G6 ocean carrier alliances, of which CMA CGM and Neptune Orient Lines subsidiary APL are currently members.
Scales currently used to comply with federal and state laws are acceptable for complying with the new International Maritime Organization container weight regulations due to go into effect July 1, according to the U.S. Coast Guard.
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Industrial real estate services and investment management firm JLL has appointed Walter Kemmsies managing director, economist and chief strategist for its U.S. Ports, Airports and Global Infrastructure Group.
The Chinese container line received a large handout to help upgrade vessels with anti-pollution technology, but has since routed the vessels to ports in other parts of the world instead, according to a report from the L.A. Times.
COSCO Pacific Ltd. re-designates executive director and vice chairman, while "K" Line nominates managing executive director, outside directors, and supervisory board members