More than 100 neopanamax ships have already made reservations to transit the waterway's new larger locks following the historic inauguration and first voyage, according to the Panama Canal Administration.
The European Union competition watchdog said a trustee will monitor both companies to ensure there is no information sharing between the Ocean3 and G6 ocean carrier alliances, of which CMA CGM and Neptune Orient Lines subsidiary APL are currently members.
Scales currently used to comply with federal and state laws are acceptable for complying with the new International Maritime Organization container weight regulations due to go into effect July 1, according to the U.S. Coast Guard.
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Meanwhile, Rep. Mark Sanford, R.-S.C. asked why commercial ships in domestic trade must be built in U.S. when 30 of 46 ships in Ready Reserve Fleet are foreign built.
Agriculture shippers ask Senate for help with overcoming “significant challenges” in ocean shipping that could hurt the American economy.
Crowley Maritime, a pioneer in a trade that is still restricted under laws such as the Helms-Burton Act and Trading with the Enemy Act, has actually seen volumes fall in recent years as Cubans have begun importing more from Brazil, and perhaps Argentina.