Mergers: Commission approves merger between Hapag Lloyd and CSAV in container liner shipping sector, subject to conditions
The European Commission has cleared under the EU Merger Regulation the proposed merger between Hapag Lloyd, a German shipping company with worldwide activities, and rival Compañia Sud Americana de Vapores S.A. (“CSAV”) of Chile. More…
Inadequate resources blamed for truck congestion at ports
Port operators, users say cargo delays caused by inefficient system.
The root cause of mounting congestion problems at major U.S. container ports can be traced to low ocean shipping rates that lead to poor service trickling down through the supply chain, according to transportation service and equipment providers at a Federal Maritime Commission field hearing Wednesday in Baltimore.
Port of Virginia-related firm pleads guilty to federal charges in Baltimore
K-Line to pay $67.7 million in conspiracy fines, ruling will not affect container business at Port of Virginia
NORFOLK — A long-time Japanese ocean carrier with ties to the Port of Virginia has been popped by the feds after pleading guilty for price fixing and rigging bids for services at the Port of Baltimore.
Maritime security: the Commission takes Spain to court over the security of its ports
The European Commission is taking action against Spain before the Court of Justice of the European Union, because 20 Spanish ports have yet to adopt and implement the port security plan. More…
YAHOO NEWS – Watch Two Huge Container Ships Crash into Each Other