In September of 2012 the Department of Justice found evidence among eleven Roll-On/Roll-Off carriers of misconduct under maritime regulations. The FMC (Federal Maritime Commission) allows carriers to jointly set pricing and make adjustments to combined capacity, if these events are filed in advance. Un-documented action is subject to fines and compensation to injured parties up to twice the value of assessable damage.

Canada’s second largest pension fund and DP World have announced a C$5 billion (US$3.8 billion) joint venture that will invest in ports and terminals around the world, including Asia and Latin America.

What has one to do with the other you might ask? First we need to address what ballast water is and how it affects our oceans.

The American Association of Port Authorities (AAPA) last week released a statement echoing President-Elect Trump’s pledge to “Make America Great Again.” In a letter to the transition team, the association outlined several areas for investing the $1trillion pledged by the GOP for rebuilding America.

The 2M Alliance, composed of the two largest containership operators, Maersk and MSC (Mediterranean Shipping Corporation) reportedly announced today it will not admit Hyundai Merchant Marine (HMM) as a full partner in the agreement but will explore other options such as slot exchange or purchase agreement.

October volume figures were applauded by port executives, who said the Port of Los Angeles notched the best month ever for a Western Hemisphere container port!

A new terminal in the Viau sector of the Port of Montreal inaugurated today, Friday Nov 18, boosts the port’s handling capacity by 350,000 TEUs as Canada’s second largest port after Vancouver positions itself for increased global trade with North Atlantic shipping a key target.

The shipment of fresh and frozen produce is a billion dollar industry and ocean carriers take this commodity group very seriously.

Recent developments in Somalia may be a blessing or curse for international commerce as the nation enters a new age of exploration.

Significant developments are taking place these days at New Brunswick’s Port of Saint John on the Bay of Fundy.