From an article titled ‘MUA linesmen members worried about stevedore job-threat ‘ in Lloyd’s List Australia:
From a Port of Portland news release:
The U.S. Department of Transportation has awarded a $7.329 million grant to the Port of Portland and City of Portland to help fund a rail overpass and realign a congested and dangerous intersection in Portland’s Rivergate Industrial Park.
The Portland Marine Terminal Freight and Jobs Access Project addresses [...]
Amid increased pressure from the US maritime industry to boost Jones Act enforcement, the US Customs and Border Protection has created a new division of enforcement for the nearly century-old law.
CBP’s Office of Field Operations has created the National Jones Act Division of Enforcement, which has a mission to “assist CBP and industry partners [...]
From the Port of San Diego:
The Port of San Diego was honored to welcome Vice President Joe Biden for an official visit on July 13, 2016, to deliver remarks on trade enforcement.
The Vice President’s speech took place at the Port’s Tenth Avenue Marine Terminal in San Diego, where a large U.S. flag [...]
From Seatrade Maritime:
International Container Terminal Services Inc’s (ICTSI) Australia unit has signed a AUD398m ($300m) loan facility for the construction and development of its highly automated Victoria International Container Terminal (VICT).
The financing will support the ongoing construction of VICT in Melbourne. Construction of the terminal started [...]
Hyundai Merchant Marine (HMM) has signed on to join the 2M alliance from April next year.
HMM will join Maersk and MSC in the vessel sharing partnership, marking the latest sign that the Korean line is finally coming out of its financial woes.
HMM added that it has now completed all conditions set out in [...]
Hawaii’s largest shipping company, Matson Inc., said Monday it will acquire Span Alaska Transportation LLC in an effort to expand its Alaska service offerings.
Matson’s subsidiary Matson Logistics Inc. will acquire 100 percent of the equity of Span Alaska for a cash purchase price $197.6 million. The deal is expected to close in the third [...]
Ports America is reportedly exploring a sale which would value the company at US$1bn.
The terminal operator’s owner, Highstar Capital, which is a private equity firm, is working with investment bank RBC Capital Markets LLC to find a buyer, according to Bloomberg.
Ports America currently has a network of 36 container terminals in 24 [...]
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