Federal Maritime Commission Acting Chairman Michael A. Khouri said the updated carrier agreement library will help people save time and money.
The Port of Houston’s port commission approved contracts for the design of the Wharf 3 rehabilitation at the Barbours Cut Container Terminal and for the design of Container Yard 7 at the Bayport Container Terminal.
South Korean shipyards exited the business of making cranes a decade ago because of stiff compeitition from Chinese makers.
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Marilee McInnis, director of international corporate affairs at Walmart, said although the retailer no longer does business with Hanjin due to the carrier’s bankruptcy, it is currently speaking with another Korean carrier regarding its shipping needs.
Maersk and IBM said they intend to work with a network of shippers, freight forwarders, ocean carriers, ports and customs authorities to build the new global trade digitization solution, which is expected to go into production later this year.
Hyundai Heavy Industries’ shareholders on Monday voted to approve the company’s restructuring plans despite strong union opposition.