AP Moller - Maersk has abandoned its sale of reefer container manufacturing unit MCI to China International Marine Container (CIMC) after objections from US regulators.

The Jones Act is a controversial set of US regulations that reserve intra-US trades for vessels that are built in the States, owned by US “citizens” and crewed by US mariners, is the subject of a study recently released by the Transportation...

The court of Ipojuca has confirmed APM Terminals as the official winner of the judicial auction for the acquisition of an Isolated Productive Unit (UPI-B Cais Sul) of Estaleiro Atlantico Sul (EAS), in the Port of Suape, Pernambuco.

Spot container freight rates are continuing fall dropping 5% on the transpacific trade over the last week according to Drewry.

With growing interest around nuclear power as propulsion for commercial shipping classification society ABS has been awarded a contract by the US Department of Energy (DOE) to research barriers into its adoption.

The Port of Corpus Christi Commission has approved a lease agreement with Buckeye Partners to establish a solar farm.

The Port of Los Angeles saw estimated record container volumes in July continuing a trend that has been seen much of this year, but the port claims to have spare capacity.

A new joint venture, FureBear, between Swedish tanker owner, Furetank, and Canada’s Algoma Central Corp has ordered four 17,999dwt dual-fuel ice-class products tankers at China Merchants Jinling Shipyard.

Brazil’s Federal Government aims to privatise the Port of São Sebastião, according to João Octaviano Neto, the State Secretary of Transportation in São Paulo.

Singapore’s Keppel Offshore & Marine has bagged a $2.9bn FPSO contract with Petrobras in Brazil.