The Greek port saw profits for the first half of 2016 jump 5.6 percent year-over-year to 12.7 million euros, despite headwinds from a 28-day strike carried out by staff between May and June.
The Sulaibiya, Kuwait-based third-party logistics provider has agreed to work with Maersk Line to cut carbon dioxide emissions by 15 percent per container as part of the Danish ocean carrier’s Carbon Pact Challenge, Agility said in a statement.
The International Longshore and Warehouse Union and the Pacific Maritime Association said exploratory contact extension talks are tentatively set for Nov. 1-2.
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The President of South Korea, Park Geun-hye, said corporate responsibility and moral hazards are creating adverse effects on its national economy and the government will not blindly support companies in financial trouble.
Datamyne provided American Shipper with statistics illustrating how some non-vessel-operating common carriers pulled U.S. import volume from Hanjin ships prior to August, while others ramped up their use of the financially stricken carrier.
Ed Greenberg, counsel for the National Customs Brokers and Forwarders Association of America, said the association, along with other groups, will submit a petition to the FMC on behalf of its members that feel they have been incorrectly assessed demurrage.