CMA CGM announced that the reefer plug utilization has improved in the ports of Shanghai and Ningbo. Consequently, almost all reefers diverted to other ports are in the process to be loaded back to their final destination.
In light of these developments, CMA CGM we will cancel the PCS (Port Congestion Surcharge) for the reefer exports to Shanghai and Ningbo as from the 16th March 2020 (B/L date).
Great Lakes Dredge & Dock Corporation ("Great Lakes" or the “Company”) (NASDAQ: GLDD), the largest provider of dredging services in the United States, announced that its newly launched Multi Cat…
View ArticleToday the Maritime Administration (MARAD) awarded nearly $580 million to 31 recipient ports in 15 states and territories. These grants are from the agency's Port Infrastructure Development Program (PIDP). Five…
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