Pacific Shipping plans to withdraw from service two container vessels — the MV Moana Chief and MV Takutai Chief — which move goods among several ports in New Zealand.

The Drewry World Container Index composite of eight major trade lanes dropped 2.2% to $5,806 for a 40-foot unit, snapping a 12-week-long advance.

The environmental group alleges that the port's pump station violated Clean Water Act discharge limits more than 2,000 times in the last five years.

MEDLOG's Inland Terminal Paris-Bruyeres project will add infrastructure to facilitate rail and barge transportation of goods across the Greater East and Paris region of France.

The program is designed to give women- and minority-owned small businesses the chance to learn the skills needed to work and grow within the maritime industry. 

Many port operations were disrupted, and air freight was hit the hardest, with a recovery period of the complex air cargo network predicted to last days or weeks.

The firm with $4 billion of assets is keen to branch out from its Middle East base to play a larger global role as economic growth expands demand for shipping.

The funds will be used for 10 separate projects across five ports, including cargo route optimization, emission reductions, and trucking appointment systems.

The Port of Los Angeles processed 827,757 Twenty-Foot Equivalent Units (TEUs) in June, a 10% increase over the previous month

The cables were severed by the anchor of a cargo ship sunk by Iran-backed Houthi militants in late February.