The Icelandic ocean carrier has entered into an agreement to purchase three 2,200-TEU ice-class vessels from Guangzhou Huangpu Wenchong Shipyard in China, with an option for three more, according to report from maritime news outlet Splash 24/7.
Just 10 percent of longshoremen requested by terminal operator employers came to work on Friday, bringing vessel operations to a near standstill at the Northern California port, according to port spokesman Michael Zampa.
Global professional services company Accenture will acquire the corporate advisory and aviation consulting business of Seabury Group.
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MOL appoints chief country representatives in Brazil and Mexico, while Bureau International des Containers names new secretary general.
The agreement, which will infuse $26 billion into the state-run ocean shipping conglomerate over the next five years, will serve China's "One Belt, One Road" strategy, according to a statement from China COSCO Shipping.
The marine terminal operator said that effective Dec. 6, truckers will be required to make appointments to pick up container imports in order to reduce wait times by more evenly distributing truck arrivals throughout the day.