Ocean Alliance plans to Deploy largest ship seen at US Port
Source: www.joc.com The 18,000-TEU CMA CGM Benjamin Franklin, pictured in San Francisco Bay during a call to the Port of Oakland in February, could be one of the mega-ships the Ocean Alliance plans to deploy to the U.S. West Coast.…Read more
Longer turn times at Long Beach Ports cost shippers
Source: www.joc.com The average visit to the Long Beach Container Terminal, the gates of which are pictured, took 69 minutes in June. Credit: AJ Edmond Truck lines in Los Angeles-Long Beach got slightly longer in June, much to the chagrin…Read more
Two Major Carriers in Merger Talk!
Source: www.joc.com Standard & Poor’s has placed Hapag-Lloyd on negative credit watch because of uncertainty over the impact of a potential merger with United Arab Shipping Company on the German carrier’s capital structure and financial leverage. “The potential merger, in…Read more