Archive for January, 2008
Northrop Grumman Fined $400,000 For Illegal Exports
28 January 2008Northrop Grumman was fined $400,000 for illegal export of components for navigation equipment. The fine covers 131 violations of Export Administration Regulations.
BIS press release follows:
The Commerce Department’s Bureau of Industry and Security (BIS) announced today that Northrop Grumman Corporation (Northrop) of Los Angeles, Calif., has agreed to pay a $400,000 civil penalty to settle allegations [...]
MV Beluga Skysails Begins Maiden Voyage
24 January 2008Beluga Shipping has begun what may be a new era in shipping with the maiden voyage of the MV “Beluga SkySails” a cargo vessel using the SkySails towing kite system which adds wind power to assist in moving the vessel over the ocean.
The MV “Beluga SkySails” has started her maiden voyage according to [...]
New Cargo Fee at Ports of Los Angeles - Long Beach
22 January 2008A new fee has been added at the Ports of Long Beach and Los Angeles to improve traffic flow and air quality. The fee is anticipated to be $15 per loaded TEU beginning January 1, 2009.
The proposed fee will be assessed on every loaded 20-foot equivalent (TEU) cargo container entering or leaving any terminal by [...]
India to Europe Container Rates on the Rise
10 January 2008Shipping goods from India to Europe will be getting substantially more costly, rates are set to rise by $200 per 20-foot equivalent unit, or TEU, and $400 per 40-foot equivalent unit, or FEU, from 1 February, it currently costs about $1,400 for shipping a TEU from India to any one of the European ports.
A group [...]
IDS Building Container Ship Data Center
9 January 2008According to a news report, IDS (International Data Security), a startup company in the San Francisco Bay area, is planning to build as many as 50 data centers on decommissioned container ships, up to 22 of those in the U.S. First space will be at Pier 50 in San Francisco.
These ships will live in port [...]
