Schenker AG names new CFO, while TIACA appoints European Shippers' Council chairman to its board.
A ship carrying liquefied natural gas (LNG) from the United States became the first LNG carrier to pass through the enlarged Panama Canal on Monday.
The independent containership owner and manager reported profits of $36.4 million on revenues of $224.3 million for the second quarter of 2016.
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Rolf Habben Jansen, the chief executive officer of ocean carrier Hapag-Lloyd, said he believes consolidation in the shipping industry resulting from deals such as Monday’s merger agreement between Hapag-Lloyd and UASC will benefit the container industry.
The Honolulu-based shipping company has entered into an agreement to acquire Span Alaska, which has doubled in size during the past year through the acquisition of Pacific Alaska Freightways.
A new port navigation system consisting of 12 off-shore buoys and two land-based range markers, will allow for night time operations at the Liberian port for the first time in three decades, APM Terminals said in a statement.