Two more berths will be added to the Pasir Panjang Terminal 5, increasing annual handling capacity from two million TEUs to four million TEUs.
Separately, the three Japanese ocean carriers - NYK, “K” Line and MOL - on Friday filed an agreement with the Federal Maritime Commission to merge container operations.
The sanctions, pursuant to the Iran, North Korea, and Syria Nonproliferation Act, will remain in place for two years.
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DHL Express appoints Markus Reckling as the new chief executive for Germany, while Mitsui O.S.K. Line (MOL) names chief country representative in Turkey.
American Trucking Associations promotes four staffers and hires new vice president of creative services and new director of marketing, while Xeneta appoints director of value engineering, and SmartTruck names vice president of sales and marketing.