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Day: August 16, 2011

Maersk Division Wins $126 Million Navy Contract

Norfolk-based Maersk Line Ltd., the U.S.-flag unit of A.P. Moller Group, will handle Bobo Class vessels for the U.S. Navy Military Sealift Command’s prepositioning program. The ships, crewed by civilian mariners, are stowed with...

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California exports improve for 19th month

California’s export business remains a bright spot in the economy even as fear rises that the nation’s “economic recovery may be sputtering,” Beacon Economics LLC has reported. Golden State exporters enjoyed their 19th...

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Reverse Course on the Trans-Pacific

Shipping is picking up steam on the trans-Pacific, but it’s not happening in the direction carriers are accustomed to. Instead, import growth is tapering off as the peak season approaches. Containerized imports in the first five...

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