London Gateway Doubles Crane’s Moving Capacity – DP World London Gateway has become the first port in the United Kingdom to lift four containers at one time, doubling the quay crane’s previous moving capacity. This will increase efficiency and productivity for UK shippers.
Read more from Supply Chain Asia .
Port of New Jersey Eliminates Port Cargo Facility Fees – New Jersey Governor Chris Christie has signed into law a bill from the New Jersey legislature that eliminates the port cargo facility fee at the Port of New Jersey. However, shipping companies must continue to pay the fees until the Port of New York agrees to similar legislation.
Read more from The Packer.
China Signs FTA with Iceland – China and Iceland signed a free trade agreement (FTA) on January 29 th that covers goods and services, trade facilitation, intellectual property rights, competition and investment. The FTA is a milestone for both nations and will enable Iceland to open a thriving market in the future.
Read more from Shanghai Daily .
Longshoremen Must Pay for Port Strike Damages – A federal arbitrator has ordered the longshoremen’s union to pay $3.8 million in damages after a labor strike shut down three public terminals at the Port of Baltimore causing a loss in revenue. Union officials are looking for a way to appeal the ruling.
Read more from Baltimore Sun .
