The Taiwanese ocean carrier reported a loss of 14.91 billion Taiwan new dollars (U.S. $492.1 million) for the full year in 2016 compared with TWD 6.46 billion the previous year, according to the company’s latest filing with the Taiwan Stock Exchange.
Walmart is opening an import distribution center in Mobile, Ala., which is expected to boost cargo volumes at APM Terminals Mobile by 10-20 percent.
The world’s fourth largest container shipping line, COSCO Shipping, experienced the 9.9 billion yuan (U.S. $1.44 billion) loss due to weak freight rates and restructuring costs, Reuters said Thursday.
Registration takes less than 1 minute.
The new tool from the Israeli ocean carrier tracks carbon dioxide and sulfur oxide gas emissions on ZIM vessels using Clean Cargo Working Group data methods.
The Port of Savannah’s Garden City terminal received the first of four new neo-Panamax ship-to-shore cranes, and the remaining three will arrive by late April.
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.