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The National Shipping Company of Saudi Arabia reported a nearly 163 percent increase in net profits in the second quarter of 2015 compared to the second quarter of 2014.
EU antitrust regulators said Kuehne + Nagel, Express Interfracht, and Schenker operated as a cartel, fixing prices on their joint "Balkantrain" and "Soptrain" services in Europe from July 2004 to June 2012.
Federal Maritime Commissioner Mario Cordero is pressing terminal operators to justify a recent increase in PierPass fees, which they claim still do not fully pay for night and Saturday operations.
Trade ministers left Hawaii on Friday without concluding a TPP deal because several countries held out to protect specific domestic industries like pharmaceuticals, automobiles and agriculture from competition.
BlueWater Reporting revealed ocean carriers operate a total of 31 container services on the Mediterranean to Africa trade and 16 on the North Europe to Africa trade.
Every question deserves an answer, and as maritime administrator of the United States, I feel that the U.S. maritime industry and community deserve a factual answer to the question "where did the Maritime Heritage Grant money go?"