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Bering Strait shipping lanes are opening up as polar ice melts. Click on the image to read the Alaska Dispatch article. As Arctic sea ice melts at unprecedented rates, opening new shipping routes, it is time for Alaskans to demand a seat at the table for planning coastal infrastructure. It is no longer a [...]  Buffeted by the adverse global economic environment, Kawasaki Kisen Kaisha (“K” Line) again suffered losses in the third quarter of consolidated fiscal year 2009. The company said consolidated operating revenues for Third Quarter of FY2009 accounted for Yen 212.503 billion, a decrese of Yen 105.554 billion compared with the same peiod of the previous year. [...] The Financial Times says that ony 10 crew are needed to maintain a mothballed ship, while 120 are needed to keep one at sea. Click the photo to read the FT article. As trade growth accelerated following China’s accession to the World Trade Organisation, container lines sold their services on their speed, arguing that [...] Hanjin Shipping Co., South Korea’s largest container-shipping line, expects to post a profit this year and boost sales 27 percent as world trade picks up and shipping lines pare fleet expansion plans. “The gap between demand and capacity is expected to narrow this year as demand recovers and ship deliveries are delayed,” said the CEO. [...] Port of Tacoma is at odds with Environmental Protection Agency (EPA), after the federal agency announced a proposed $231,600 fine against the port. The fine is intended to target the port for missing financial filing deadlines, pertaining to an environmental cleanup of the 96-acre Kaiser Aluminum smelter site located along Blair Waterway. … The port [...] |
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