Dispute between Odfjell and joint venture partner Northleaf relating to leverage in Odfjell Terminals US Holdings LLC.
As described in the Third Quarter Report dated 5 November 2024, there is a disagreement between Odfjell Terminals US Holding AS (a wholly owned subsidiary…
East Java Mutipurpose Terminal services its first container ship
East Java Multipurpose Terminal (EJMT), International Container Terminal Services, Inc.’s (ICTSI) operation in Indonesia, successfully welcomed its first container ship since commencing operations at the…
13th Annual Port Freeport Golf Tournament raises funds for Texas Port Ministry
Port Freeport Commission and staff present a $85,000 check to Texas Port Ministry.
CMA CGM PSS - Reefers from Chile & Peru to North Europe, the Mediterranean, North Africa, Middle East Gulf & Indian Subcontinent
CMA CGM informs of the following Peak Season Surcharge (PSS) update:
Preliminary U.S. imports for consumption of steel products November 2024
The U.S. Census Bureau announced today that preliminary November steel imports were $2.3 billion (1.9 million metric tons) compared to the preliminary October totals of…
Crowley awards Maine Maritime Academy cadets with Thomas B. Crowley Sr. Memorial Scholarship
Cadets Anna LaDue and Odegaard Fields from Maine Maritime Academy have been awarded the Thomas B. Crowley Sr. Memorial Scholarship.
[Freightos Weekly Update] Frontloading continues to put pressure on transpacific rates
Transpacific ocean rates increased slightly last week and are about 15% higher than at the start of December as frontloading ahead of expected tariffs is…
Biden launches new US trade probe into legacy Chinese chips
The Biden administration on Monday announced a last-minute trade investigation into Chinese-made "legacy" semiconductors that could heap more U.S. tariffs on chips from China that…
Swiss business gets Christmas bonus from EU trade deal
Swiss business welcomed a new deal to overhaul the country's relationship with the European Union, bringing Christmas cheer to an economy that is set to…
Honda and Nissan start merger talks in historic pivot
Honda and Nissan have started talks toward a potential merger, they said on Monday, a historic pivot for Japan's auto industry that underlines the threat…
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