Agreements echo the Northwest Seaport Alliance of Seattle and Tacoma According to American Shipper, The Georgia Ports Authority (GPA) and the Virginia Port Authority (VPA) said Monday they filed a cooperation agreement with the Federal Maritime Commission (FMC). The “East Coast Gateway Terminal Agreement” planned between the two port authorities “encourages voluntary cooperation in the
As reported by the Financial Times, a London-based arbitration panel has found in favor of DP World in a long-running dispute with the government of Djibouti over a port concession awarded to the company in 2006. The arbitration claim was initiated by the government of Djibouti in 2014, when it rescinded the concession agreement and
NASDAQ’s GlobeNewswire reports that Kalmar received a delivery order for 30 automated hybrid shuttle carriers from APMT for its terminal development project in Tangier, Morocco. This follows on the heels of APMT recently placing an order for 12 remote-operated STS cranes and 32 automated RMG cranes as part of an $828m investment it is making
As the JOC reports, resin exports from the United States are in the early stages of what promises to be a sustained period of rapid growth, catalyzed by the country’s increased production levels of oil and natural gas in recent years. This has already placed pressure on supply chains, introduced new dynamism and complexity for
Mercator assisted a beneficial cargo owner in developing rate strategies to mitigate the risk of future ocean carrier disruptions to its supply chain.