Helen Delich Bentley, who represented Maryland's 2nd District in the U.S. House of Representatives from 1985-1995 and served on the Federal Maritime Commission from 1969-1975, reported her health has improved.
The London-based shipping consultant reported that OOCL of Japan was the most reliable container shipping carrier in May, with an on-time performance score of 81.1 percent.
An American Shipper poll of shippers and forwarders revealed that nearly 90 percent believe at least some cargo will be delayed by the verified gross mass rule that went into effect globally today.
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Shipyards will sell $7.3 billion in assets and the government has created a $9.5 billion fund to support lenders to shipyards and shipping companies.
The collision in northern Texas left one injured and three missing Tuesday morning.
German ocean carrier Hapag-Lloyd reached an agreement with United Arab Shipping Company on a merger that would make Hapag-Lloyd the fifth largest container carrier in the world.