NWSA Honors Maritime Industry Companies with North Star Awards

NWSA Honors Maritime Industry Companies with North Star Awards

Five maritime industry companies have been honored by the Northwest Seaport Alliance’s North Star Awards for their contributions to the gateway and the region in 2023, it was announced Oct. 24. Ocean Network Express received NWSA’s Ocean Carrier of the Year award for “handling the most container volume and experiencing the largest year-over-year volume increase of all ocean carriers calling at the Seattle-Tacoma gateway, demonstrating its commitment to operational excellence and growth,” according to the announcement. The Importer of the Year award went to Harbor Freight Tools, which is creating a new 782,773-square-foot facility in Frederickson, Wash. The facility’s expected…
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Ocean Network Express Acquiring West Coast Container Terminals

Ocean Network Express Acquiring West Coast Container Terminals

Japan-based shipping company Ocean Network Express (ONE) on Dec. 27 revealed that it has signed agreements to acquire a 51% stake in two terminal operators – TraPac LLC and Yusen Terminals (YTI), which are both currently held by Mitsui O.S.K. Lines, Ltd. – and a shipping company, Nippon Yusen Kabushiki Kaisha, commonly known as NYK Line. TraPac is a container terminal operator and vessel stevedore that provides container terminal services in Los Angeles and Oakland. YTI is a container terminal operator and vessel stevedore that provides container terminal services in Los Angeles. “These acquisitions are part of the integration of…
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