A federal judge on Tuesday allowed a chassis company to terminate leases with Hanjin Shipping.
DP’s World’s container traffic increased slightly in the first nine months of the year.
Adani Port and Special Economic Zone boosted first-half profit by nearly 50 percent.
Weaker transshipment and intra-Asia cargo dragged down throughput and revenue at Hutchison Port Holdings.
A tariff hike for the DP World facility in Cochin Port could make shippers using the terminal rethink their decision.
China’s top ports booked a healthy rise in throughput year-over-year in September.
After years being bandied about, a planned $3 billion container terminal on the Georgia-South Carolina border took a major step forward last week when the US Army Corps of Engineers formally began its review of the project.
Hanjin Shipping is negotiating with the terminal operating subsidiary of Mediterranean Shipping Co. to purchase its TTI terminal in Long Beach, but MSC has a minimum annual financial commitment at another terminal in the port.
Maryland governor pledges to reapply for federal funding for Howard Street tunnel.
Multiple calls by large vessels on certain days of the week, known as vessel bunching, are straining the equipment and labor resources at US ports and presenting a growing threat to productivity at container terminals.