The Greek port saw profits for the first half of 2016 jump 5.6 percent year-over-year to 12.7 million euros, despite headwinds from a 28-day strike carried out by staff between May and June.
The Sulaibiya, Kuwait-based third-party logistics provider has agreed to work with Maersk Line to cut carbon dioxide emissions by 15 percent per container as part of the Danish ocean carrier’s Carbon Pact Challenge, Agility said in a statement.
The International Longshore and Warehouse Union and the Pacific Maritime Association said exploratory contact extension talks are tentatively set for Nov. 1-2.
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Guy Courtin, vice president of industry and solution strategy at GT Nexus, said shippers should think of visibility as a tool to monitor and connect all of their trading partners, whether product suppliers or transportation vendors.
The Singapore-based ocean carrier, the parent of which was acquired by CMA CGM earlier this year, will purchase slots on the French line's Victory Bridge loop between Europe, the U.S. South Atlantic and the Gulf of Mexico.
The Singapore-listed containership owner and operator is unable to meet on-going coupon and principal payments on $100 million Singapore (U.S. $73.2 million) on 8.45 percent notes due May 2017, the company said in a presentation to noteholders.