Ocean Ports & Carriers: Page 88

Hawaiian Sugar Industry Comes to a Close

The last of Hawaii’s sugar, a little more than 30,000 tons, will be delivered to mainland U.S. in the coming weeks.

Some of the remaining workers at the mill stand in front of the last hauler truck of Hawaiian sugar cane.

First U.S. Ship-to-Shore Drone Delivery Conducted

Independent drone delivery service Flirtey and Dr. Timothy Amukele, assistant professor of pathology at Johns Hopkins University School of Medicine, successfully conducted the first ship-to-shore drone delivery in the U.S. on the New Jersey coastline.

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Ocean Ports & Carriers

Asia Maritime Pacific Announces Merger with Sono Shipping

The merging of Hong Kong bulker firm Asia Maritime Pacific (AMP) with Sono Shipping officially took affect Wednesday.

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Imagining the Future of Food Logistics

A taste of key trends and developments underway in the global food supply chain and how they are redefining our industry.

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Ocean Ports & Carriers

Maersk Buys Smaller Rival Hamburg Süd

A.P. Moller- Maersk

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Ocean Ports & Carriers

Bargain Prices, Rising Cargo Rates Lift Second-hand Ship Sales

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Drewry Report: Shipping Alliances Prefer Panama Canal Over Suez Canal

Based on proposed 2017 service routes, more carriers are pledging allegiance to the Panama Canal routing over the Suez Canal option with 12 weekly services planned for the expanded Panama Canal to only four through the Suez Canal.

The savings that manufacturers, shippers, retailers and consumers may realize from the new routing patterns will need to be balanced against the bill taxpayers are being handed to deepen East Coast harbors and shipping channels and upgrade port facilities.

Ocean Ports & Carriers

Port of Charleston to Build $40 Million Rail Facility in Dillon

South Carolina Ports Authority

The South Carolina Ports Authority hopes to open the $40 million cargo hub including a container storage area, a chassis yard, operations and maintenance facilities and cranes to transfer cargo between trains and trucks served by railroad operator CSX.

The inland port in Dillon will start out much smaller - 35,000 cargo boxes in its first year - but is expected to handle 220,000 containers within 20 years.

Ocean Ports & Carriers

Argentina Focuses on Drug Trafficking at its Main Grain-Exporting Port

Argentina, the world's No. 3 corn and soy exporter, has stepped up security in and around its main exporting hub of Rosario with the cooperation of a dozen commodities trading companies including industry giants like Cargill.

Port operators, as well as the coast guard, say the measures are mainly preventative and that there is little risk of drugs entering the highly-guarded commodity shipping terminals.

Port of Virginia Approves Massive Expansion of Wharf, Rail and Stock Yards

Port of Virginia

The new deal provides for a roughly $320 million expansion that will nearly double the facility’s capacity. The buildout is expected to take about three years.

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Is Rickmers Maritime the Next Container Shipper to Go Under?

The firm said it would not be able to pay an interest of S$4.26 million, which is due on Nov. 15, on a S$100 million ($71 million) bond that it has been trying to restructure.

Rickmers Maritime, a Singapore-listed trust that operates container ships, said it faces the risk of going out of business given the uncertain outcome of its discussions with bondholders and senior lenders about restructuring its debt.

Korea Line Outbids Hyundai Merchant for Hanjin Assets

In a surprise decision, a Seoul court on Monday awarded Korea Line, a midsize bulk-shipping operator, the first right to purchase the assets of Hanjin’s Asia-U.S. route, as well as its stake in a California terminal.

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