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Wednesday, May 22, 2024
Tags Biden Administration

Tag: Biden Administration

US West Coast port contract negotiations continue, Biden Administration engaged in discussions

The negotiations between the Pacific Maritime Association (PMA) and the International Longshore and Warehouse Union (ILWU) about the new collective bargaining agreement for more...

San Pedro Bay ports likely to implement container dwell fee soon, warns Maersk

Maersk believes that the Biden Administration is likely to proceed with the implementation of the "Container Dwell Fee" on all long-dwelling cargo at Los...
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Red Sea bounce gives carriers bottom line boost

Container shipping, it appears, loves a crisis. With the pandemic supercharging carrier incomes, the latest dip has been abruptly halted by the Red Sea...

Visayas Container Terminal welcomes inaugural CPX6 service call

Visayas Container Terminal (VCT), a business unit of International Container Terminal Services, Inc. (ICTSI) at the Port of Iloilo in Panay, Philippines, welcomed the...

Stolt-Nielsen to pay MSC US$290 million to settle MSC Flaminia claim

Norwegian chemical shipping group Stolt-Nielsen will pay US$290 million to MSC to settle claims resulting from the fatal explosion that claimed the lives of...

Box lines’ first-quarter margins the best since 2010, bar Covid-boom

Liner operators' operating margins for 1Q 2024 have reached the highest since 2010, excluding the period during the Covid-induced boom, according to Alphaliner’s report. Average...