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The Danish shipping conglomerate attributed the decline to lower freight rates at Maersk Line and lower oil prices for Maersk Oil, leading the company to downgrade its full-year profit projection for 2015.
Toy consumers will now be able to choose between wooden blocks and LEGOS when building model containerships this year.
GSF says debate is needed on whether 2M, G6, CKYHE and O3 deliver real competition, or if shippers would be better served by fewer lines competing head-on.
The U.S. Gulf port also expects to benefit from continuing population migration to Texas and the expansion of Panama Canal, which is scheduled to be completed in April 2016.
Meanwhile, a Federal Aviation Administration task force released its recommendations regarding a registration program for unmanned aircraft systems that will affect the use of drones in both commercial and recreational settings.
Box volumes at the largest U.S. East Coast port were up 11 percent year-over-year in October, driven primarily by a 9.8 percent spike in loaded import containers.