Maersk Line, the world’s largest container shipping company, won’t cut sailing speeds further to reduce fuel costs, even after oil prices jumped 15 percent this year, Chief Executive Officer Eivind Kolding said. “If we sail much...
Read MoreThis year’s Trans-Pacific Maritime Conference was more upbeat than last year’s, when ocean-carrier executives were shaking their heads and lamenting that the industry had lost $17 billion in 2009. But that all changed in early...
Read MoreJapan’s trade balance swung back into the black in February as exports regained momentum, led by shipments to China, according to preliminary figures released by the Finance Ministry on Thursday. However, the ministry...
Read MoreA community group has been organized to gather information about the potential impact of increased rail traffic through the city if the Gateway Pacific cargo terminal is built at Cherry Point. The group is called Communitywise...
Read MoreA worker at APM Terminals in Portsmouth,VA, died Monday morning of injuries she sustained in an accident involving a forklift. Police spokeswoman Jan Westerbeck said the longshoreman, Paula Bellamy, 38, of Portsmouth, was...
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