Bankruptcy Looms for Hanjin Shipping as Creditors Pull Out

Recent news out of South Korea suggests that Hanjin Shipping Company has lost the support of its creditor banks and may be headed for bankruptcy. The news, as reported by the Journal of Commerce, has prompted the Korean Exchange to

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U.S. Added to China’s Zika Infected Countries List

On August 5th, the U.S. was added to the Chinese government’s list of Zika infected countries as a result of the localized outbreak in South Florida. The news of the inclusion of the U.S. on this list has been followed

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SOLAS Impact on Export Process Procedure

As we approach the July 1st implementation date for the Safety of Life at Sea (SOLAS) Convention Amendments, Shapiro wants to remind our valued export customers of the upcoming changes to the export process, particularly in regards to the determination

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Coast Guard Could Delay SOLAS VGM Mandate

While U.S. exporters have voiced serious concerns over the feasibility of complying with the SOLAS Verified Gross Mass (VGM) mandate by the implementation deadline, it has now been revealed that the Coast Guard could choose to delay implementation of the

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New York and New Jersey Ports to Reopen Today

A settlement was reached by the International Longshoreman’s Association and the New York Stevedores Association at 7 pm on January 29th. As a result of the quick settlement, the New York and New Jersey Ports will resume normal operations on

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Labor Protest at New York & New Jersey Terminals

As of 10:53 this morning, longshoremen walked off the job at New York and New Jersey Ports due to an ongoing labor dispute. As a result, port officials are not allowing any new trucks to enter the New York and

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Port of Santos Choked with Chemical Explosion

A chemical explosion at the Santos Port in Brazil has led to the evacuation of workers and the closure of several terminals. The explosion occurred Thursday evening as more than a dozen flammable containers combusted, causing toxic smoke to be

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Mediterranean Shipping Announces New Demurrage, Detention, and Per Diem

Mediterranean Shipping Company (MSC) announced a new tariff for calculating container demurrage, detention, and per diem effective December 5, 2015 for all U.S. ports. Demurrage is defined as the free time that the carrier and terminal provide for a container

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Panama Canal Transit Sees 10 Day Delays

Vessels transiting through the Panama Canal have are now experiencing up to 10 day delays as the industry struggles to understand the cause and find a solution to the deteriorating conditions. According to the Journal of Commerce, adverse weather conditions

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Severe Weather Impacts Rail Traffic in South Carolina

Norfolk Southern Railway (NS) is experiencing major disruptions at its Charleston, SC gateways. Many tracks have washed out, and many bridges have been deemed unsafe for passage due to the record rainfall and heavy flooding in the area. Norfolk Southern

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