Japan’s three shipping groups, K-Line, MOL, and NYK, have announced that they will be merging their shipping and overseas terminal operations. They plan to join forces on the 1 July 2017 and the commencement of the decision will take place from 1 April 2018. The three Japanese firms, Kawasaki Kisen Kaisha (K-Line), Mitsui OSK Lines (MOL), […]
Read moreAfter nine years of construction costing approximately $5.4 billion, the expanded Panama Canal began its commercial operation in June this year. By reducing greenhouse gasses and allowing more vessels with greater capacities to have access through the canal, there will be far-reaching consequences for the Panama Canal Authority and the shipping industry as a whole. […]
Read moreStrike-related issues are a big problem for ocean carriers, port operators, terminal operators, truckers servicing the ports, and importers and exports in the U.S. Manufacturers, retailers and other local, regional, and national groups dependent on the ports are pushing for contract negotiations to be finalized as the lack of outcome is having a negative effect […]
Read more
