Saturday, August 28, 2021
port of los angeles and long beach
Ports

Record Volumes And Difficulties For Container Ports On U.S. Coasts

By Brendan Murray(Bloomberg) –The number of ships waiting to enter the biggest U.S. gateway for trade with Asia reached the highest since the pandemic began, exacerbating delays for companies trying to...

August 28, 2021
Total Views: 3941

Friday, June 18, 2021
shipping container
Shipping

Mitsubishi HC Capital Pays Premium to Acquire Container Leasing Giant CAI International

Tokyo-based finance firm Mitsubishi HC Capital Inc. will acquire all outstanding shares of CAI International (NYSE: CAI), one of the world’s leading marine container leasing companies, for $56 per share...

June 18, 2021
Total Views: 2106

Wednesday, March 10, 2021
maersk freight cargo
Shipping

Maersk is Said to Weigh Sale of $1 Billion Reefer Container Unit

By Vinicy Chan, Christian Wienberg and Aaron Kirchfeld (Bloomberg) — A.P. Moller-Maersk A/S is considering a sale of its refrigerated container business as demand for the cold storage units surges during...

March 10, 2021
Total Views: 11200

Thursday, October 15, 2020
shipping container
Maritime News

Trade Imbalance Hits American Crop Exports With Lack of Containers

By Michael Hirtzer (Bloomberg) — With the U.S. importing more goods than it’s exporting, shipments of American cotton, grain and hay are getting squeezed due to limited availably of shipping containers. Peter...

October 15, 2020
Total Views: 74

Monday, April 29, 2019
maersk freight cargo
Maritime News

Maersk Launches Digital Ocean Customs Clearance Platform

A.P. Moller – Maersk announced Monday that it has started offering digital Ocean Customs Clearance to its customers, becoming the first carrier in the container shipping industry to do so....

April 29, 2019
Total Views: 28