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Daily Archives: January 11, 2023

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Jaxport secures funding to raise power lines for Blount Island big ship calls

  • Post category:JOC
  • Post author:Journal of Commerce
  • Post published:January 11, 2023

The Port of Jacksonville said it has the estimated funding in place from the city and state of Florida to increase the air draft on its main ship channel to accommodate larger post-Panamax vessels.

Continue ReadingJaxport secures funding to raise power lines for Blount Island big ship calls

Jaxport secures funding to raise power lines for Blount Island big ship calls

  • Post category:JOC
  • Post author:Journal of Commerce
  • Post published:January 11, 2023

The Port of Jacksonville said it has the estimated funding in place from the city and state of Florida to increase the air draft on its main ship channel to accommodate larger post-Panamax vessels.

Continue ReadingJaxport secures funding to raise power lines for Blount Island big ship calls

USDA urges FMC to hone OSRA-22 export rules for ag shippers

  • Post category:JOC
  • Post author:Journal of Commerce | Maritime
  • Post published:January 11, 2023

The Ocean Shipping Reform Act’s export provisions need further clarification to explain instances when US ag exports don’t get on a ship, the US Department of Agriculture said.

Continue ReadingUSDA urges FMC to hone OSRA-22 export rules for ag shippers

Declining freight demand prompts Flexport to cut 20 percent of global staff

  • Post category:JOC
  • Post author:Journal of Commerce
  • Post published:January 11, 2023

Falling demand for ocean and air freight services is driving headcount cuts across the logistics sector, with forwarder Flexport the latest to announce layoffs.

Continue ReadingDeclining freight demand prompts Flexport to cut 20 percent of global staff

Antwerp-Bruges volume fell 5.2 percent in 2022 amid operational challenges

  • Post category:JOC
  • Post author:Journal of Commerce | Maritime
  • Post published:January 11, 2023

Heavily disrupted shipping markets kept container handling at the Belgian hub of Antwerp-Bruges under pressure throughout 2022.

Continue ReadingAntwerp-Bruges volume fell 5.2 percent in 2022 amid operational challenges

Maersk, MSC add ships in restructured trans-Atlantic trade

  • Post category:JOC
  • Post author:Journal of Commerce | Maritime
  • Post published:January 11, 2023

The disruption to trade lanes caused by the pandemic is over, but slowing demand has left carriers struggling to manage the existing capacity flooding back into service as congestion eases and new ships are delivered.

Continue ReadingMaersk, MSC add ships in restructured trans-Atlantic trade

Publication of Iran-related Frequently Asked Questions

  • Post category:Export/OFAC
  • Post author:OFAC RSS Feed
  • Post published:January 11, 2023

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is publishing one new Iran-related Frequently Asked Question (FAQ 1110) and amending several Iran-related Frequently Asked Questions (FAQs 337, 338, 339, 340, 341, 342, 343, 344, ...

Continue ReadingPublication of Iran-related Frequently Asked Questions

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