Hapag-Lloyd and Hamburg Sud are in preliminary negotiations over a merger that would create the world’s fourth-largest ocean carrier and likely trigger a fresh round of consolidation in the fragmented container shipping industry. The German carriers today said they “are investigating if, and under what conditions, a merger of both companies would be of interest.” […]
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- PMA, ILWU Negotiations Begin on Positive Note
- Proposed Merger of Ports of L.A., Long Beach ‘Fraught with Political Uncertainties’
- Specter of Longshore Unrest in June Makes Seattle Waterfront Uneasy
- CSAV Tie-up With Hapag-Lloyd Approved by Shareholders
- Tacoma Port Bests Seattle in 2013 Container Count
Publication of Final Rule on ISF
According to a Broker Power article on CBP’s regulatory agenda, the Final Rule on ISF is expected in February of 2013. CBP has indicated that ACE deployment for AMS and publication of the Final Rule needed to be in place before CBP could proceed with full enforcement of ISF and begin assessment of liquidated damages. […]