The London-based shipping research and consulting firm said expenses have been cut to the bone in the past two years, so increases would not be unexpected.
The South Atlantic Port is now equipped with 20 new Panamax cranes and six post-Panamax cranes.
Marseilles, France-based ocean carrier CMA CGM said that since Oct. 17, U.S. Lines’ services have been rebranded as ANL on the Oceania trades and APL on the transpacific trades.
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The Massachusetts Port Authority said the Conley Terminal will be upgraded with an additional berth and three new cranes, while the Boston Harbor will be dredged to accommodate 12,000-TEU vessels.
Japan's three largest ocean carriers said Monday in Tokyo they will merge their container operations in mid-2017 to form what would be the sixth largest line, continuing a recent trend of industry consolidation.
Under the reorganization plan, most of International Shipholding Corp. (ISH) would be acquired by SEACOR, and ISH also plans to sell a business that includes operations in Southeast Asia to a company affiliated with its current CEO, Erik L. Johnsen.