CSAV Merges with Hapag-Lloyd – Chile’s Cia. Sud Americana de Vapores SA (CSAV) has agreed to sign a merger with Germany’s Hapag-Lloyd AG to combine operations. This merger will form the fourth largest container shipping company in the world. Read more from gCaptain....
Portland and Suzhou Win Sister City Award – Portland, Oregon and Suzhou, China sealed sister city ties in 1988 with the intention of developing a cultural link. The relationship has grown over the years and the two cities are being awarded the 2014 U.S.-China Sister...
Referred to as a “Gateway to Asia,” the Port of Singapore encompasses a collection of facilities and terminals located within the Tanjong Pagar, Keppel, Brani, Pasir Panjang, Sembawang and Jurong districts. Port of Singapore was founded as a free trade zone in 1819...
Port Strike in Chile – Union workers have gone on strike at key Chilean ports San Antonio and Angamos. The strike began after the union’s request for regular salary talks to include part-time and non-union workers was not addressed. Part-time and non-union workers...
Builders Threaten to Halt Panama Canal Expansion – European builders have threatened to abandon the Panama Canal Expansion project if the Panama Canal Authority does not agree to pay $1.63 billion in cost overruns, about 50% over the original $3.1 billion contract....
Shellfish from U.S. West Coast Banned in China – The Chinese government has banned shellfish imports from the U.S. west coast after discovering poisonous toxins in a recent shipment of geoduck. The ban was initiated last week and will continue indefinitely. Read more...
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