Looking ahead at 2017, Duluth Seaway Port Authority Public Relations Director Adele Yorde told American Shipper the port authority will be completing a “de-bottlenecking project” on the main footprint of its Clure Public Terminal this year.
The German ocean carrier said the bonds are not for sale in the United States, and proceeds will be used for early redemption of notes due later this year and for general corporate purposes.
A study prepared for the Directorate-General for Climate Action found that savings from Flettner rotors and wing sails are seen as comparable.
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The ship management software provider analyzed six ports throughout the world to better understand what impact the new verified gross mass amendment of the Safety of Life at Sea convention has had on the shipping industry since it took effect July 1.
The U.S. Transportation Department’s Federal Motor Carrier Safety Administration's final rule requires commercial driver's license applicants to demonstrate proficiency in knowledge and behind-the-wheel training, FMCSA said in a statement.
Analysts have speculated ZIM could be the next firm swept up in the wave of consolidation in the ocean shipping industry, but the Israeli carrier has outright rejected the idea it is looking to sell its global operations.