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Trade data provider found volumes at East Coast ports rose 15 percent overall in the first half of 2015, benefiting from diversions by carriers from West Coast ports due to congestion issues early in the year.
Hapag-Lloyd has reportedly picked Deutsche Bank, Goldman Sachs and Berenberg to assist it with an initial public offering, fueling speculation the German ocean carrier is accelerating its plan for a public float.
The second quarter financial results of ocean carriers NYK, MOL and "K" Line reflected a weak Asia-Europe market and strong supply pressure.
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?"