Representatives from Chanel Fragrances and Beauté, Ericsson, Sandvik Machining Solutions, Marine Harvest RMT and Teva Pharmaceutical Industries have joined the association’s Shipper Advisory Committee.
Struggling South Korean shipbuilder STX Offshore & Shipbuilding Co. on Friday filed for receivership with the Seoul Central District Court amid mounting debt and continued losses.
The company plans to accept the weights that clients provide as certified, but if clients are not able to provide the certified weight, it will weigh the cargo on their behalf.
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The Panama Canal Authority has advised vessel operators to load less cargo on to ships in order to maintain a higher draft and minimize water usage in locks.
A sense of what the container shipping industry may look like a year from now has started to emerge as ocean carriers seek to avoid a financial wreck from overcapacity and low freight rates.
The Dubai-based terminal operator will charge $245 Canadian for boxes arriving at the West Coast ports by truck or rail without verified gross mass data after the new International Maritime Organization rule goes into effect July 1.