India’s director general of shipping Deepak Shetty said that while the country is working to streamline its bureaucracy to facilitate maritime trade, the total removal of cabotage protections was out of the question.
A study of ways to improve waterborne freight transport across New York harbor has narrowed preferred options to either an improved railcar barge “float” system or an underwater freight tunnel between New Jersey and Brooklyn.
The long-stalled Phase 2-4 of the Busan New Port is getting back in motion with the submission of applications to begin reclamation works, South Korea's Ministry of Oceans and Fisheries (MOF) announced Thursday.
Danaos Corporation has launched a joint venture called Gemini Shipholdings to acquire secondhand container ships in a bid to capitalize on depressed prices.
CEVA Logistics, the world’s sixth largest third-party logistics provider, has won a $50 million contract to handle Continental’s U.K. operations for the next five years.
Maersk Line announced it is postponing by a month the implementation of the general rate increase it planned to apply Oct. 1 on the Mediterranean-India trade lane.
A new all-cargo airline will enter greater China’s fast-growing express market next year after a mainland carrier, a Nasdaq-listed aircraft leasing company and an online retailer set up a joint venture to create United Star Express Airlines.
A new rule protecting U.S. truck drivers from dispatchers and others who encourage them to violate federal regulations to meet unrealistic delivery deadlines may be on the books as soon as next month, according to the Federal Motor Carrier Safety Administration. But an FMCSA official and at least two shipping executives say it’s a resolution to what may never have been a significant problem in the industry to begin with.
The spot rate for shipping a container from New York to Rotterdam fell slightly for the week ending Sept. 25, but continued to hold relatively steady after a nearly 31 percent drop in late August, according to the World Container Index.
Eric P. Ebeling will become president and CEO of American Roll-On Roll-Off Carrier, whose principal business is providing U.S.-flag ro-ro service for the military and other customers.