The deal will establish a joint U.S.-Libya Council on Trade and Investment, which will address issues including market access, intellectual property, labor, and environmental challenges, the Office of the […]
The U.S. Department of Agriculture and Brazil’s Ministry of Agriculture, Livestock and Food on Wednesday pledged to improve trade in beef and beef-related products between the two countries.
Let’s face it, shippers and non-vessel-operating common carriers are wed to their liner carriers, for better or worse. The economics of the container shipping industry are such the […]
In a new analysis, Drewry Supply Chain Advisors has found that “carriers continue to be spooked by the specter of imminent big ship deliveries and so are fighting to […]
This case arose out of a disagreement between Radiant Global Logistics’ Airgroup and fashion apparel shipper Donna Karan over a stolen shipment. The parties did not dispute any […]
Express carrier’s “turn data into insight” initiative is topped by ORION rollout. Anyone who has received a parcel delivery from UPS knows its drivers carry small handheld computers that […]
If the liner industry consolidates will that benefit or hurt shippers? Shippers and liner carriers enter 2014 amid potentially great change in container shipping. Last June, Maersk Line, Mediterranean […]
When Maersk Line, Mediterranean Shipping Co., and CMA CGM announced in June their intention to form the P3 Network, many analysts figured it was just a matter of time […]
When I read that two former executives at the state run-Vietnam National Shipping Lines (Vinalines) were sentenced to death Monday for alleged embezzlement, I was troubled.
Members of the U.S. Federal Maritime Commission met with regulators from China and the European Commission on Tuesday as all three review plans by container shipping companies to form […]
A job dispute at Portland’s container terminal has been resolved. Work involving plugging in and unplugging refrigerated containers will be assigned to workers represented by the International Longshore and […]
Gulftainer said this week that it seeks to become one of the six largest container terminal operators in the world, establishing 35 terminals handling 18 million TEU by 2020. […]
According to reports, despite a loss of $67 million in the first three quarters of this year, Evergreen “might post a profit for the whole of this year thanks […]
The Federal Maritime Commission will hold its Global Regulatory Summit on shipping Dec. 17. The agency confirmed regulators from the People’s Republic of China (PRC) and the European […]
Labor unions representing port workers in New York and New Jersey are seeking to stop the Waterfront Commission of New York Harbor from amending its rules for repair and maintenance […]
Peter Keller, the president of Sea Star Line, will become executive vice president of TOTE, Sea Star’s parent company. He will oversee TOTE Shipholdings and the TOTE Maritime Division, […]
Hyundai Merchant Marine has provided details on the port rotations for the services it will offer next year in the Asia to North America West Coast and on the […]
The U.S. Commerce Department’s Bureau of Industry and Security has added 36 companies and individuals to the Entity List for “engaging in actions contrary to the national security or […]
The U.S. International Trade Commission said imports of silica bricks and shapes from China do not hurt domestic manufacturing, even though the Commerce Department determined earlier that they are […]
The Chinese city of Xian, which is in the Shaanxi province, plans to build an inland port that will focus on international logistics, according to a report by China’s […]
Siim Kallas, the vice president of the European Commission responsible for transport, told a Danish publication that the proposed P3 Alliance between Maersk Line, MSC and CGM CGA is […]
The South Carolina State Ports Authority’s James Newsome said he hoped the P3 would be approved in some form, but said ports that are in close proximity may file […]
The G6 carriers — APL, Hapag-Lloyd, Hyundai Merchant Marine, MOL, NYK, and OOCL — filed their agreement on Dec. 2, and it is slated to go into effect Jan. […]
The Asian Shippers Council (ASC) at its annual meeting on this week in Shenzhen, China, has objected to the proposal by Maersk, MSC and CMA CGM to form the […]
Intertanko said, “Vetting inspections of tankers by oil companies are proliferating in frequency, rising steadily in cost and, at an estimated $300 million a year, are well on the […]
Frank Peake was sentenced to serve five years in prison and made to pay a $25,000 criminal fine for his participation in a conspiracy to fix rates and surcharges for […]
APL Logistics today opened its first APL Logistics/Carmichael International Service customs brokerage office in Laredo, Texas. APL Logistics, the supply chain management unit of Singapore’s NOL Group, acquired […]
Two shipping analysts are warning of containership over capacity in commentaries released today. In the latest edition of its Container Insight Weekly, the London-based consultant Drewry said it […]
The Virginia Offshore Wind Development Authority, the City of Norfolk, and the Virginia Ship Repair Association have joined forces with Environment Virginia to promote the economic and environmental benefits […]
The United Nations Conference on Trade and Development (UNCTAD) has released its annual Review of Maritime Transport, a 204-page book that can be downloaded online. The 2013 review […]
The Federal Maritime Commission voted Thursday to approve a request for additional information from the parties to the proposed P3 Network Vessel Sharing Agreement — Maersk, MSC and CMA […]
The Port Authority of New York and New Jersey this week authorized $105 million for the design, construction and realignment of roadways in the Port Newark-Elizabeth complex in New […]
The U.S. Export-Import Bank has authorized a $640.7 million direct loan to Star Refineri A.S. of Istanbul, Turkey, which will finance the export of American-made oil refinery equipment and […]
The Federal Maritime Commission has released 83 pages of comments from shippers, ports, government officials and others about the proposal by Maersk, MSC and CMA CGM to create a […]
“Joint ventures are part of Zim’s ongoing strategy,” Rafael Ben-Ari, Zim’s vice president, shipping, said. “Our aim, as always, is to improve the services to our customers.” Any cooperative […]
Millard Maritime, a Gulf Coast port and cargo services provider, has partnered with HELM Fertilizer Corp. to handle fertilizer products at Millard’s facility in Theodore, Ala. HELM’s fertilizer […]
The U.S. Commerce Department on Wednesday reported that the country’s exports of goods and services for October reached an “all-time monthly high” of $192.7 billion, up from $189.3 billion […]
Sweden announced Dec. 3 the launch of a new trade facilitation training facility in Arusha, Tanzania. The Swedish government, through its development agency Sida, will provide an initial […]
A group of countries with a tradition in obtaining and importing illegally procured elephant ivory in Africa committed this week at the African Elephant Summit in Botswana to stiffer […]
Reportedly a stolen shipment of radioactive Cobalt 60 was recovered Wednesday in Mexico, but thieves who took the material probably exposed themselves to a lethal dose of radiation when […]
Hapag-Lloyd and CSAV said they “are currently maintaining discussions if a possible business combination or any other form of association would be of mutual interest.” The German and […]
The Port of Jacksonville said $12.4 million has been spent over the past 18 months improving the heavy lift cargo berth at JAXPORT’s Blount Island Marine Terminal. The project […]
Descartes Systems Group said it had a profit of $2.2 million in the third quarter, but said net income was negatively impacted by $600,000 by the integration of KSD […]
The president of the New York Shipping Association (NYSA) fired back at the Waterfront Commission of New York Harbor with a statement saying that the NYSA board of directors […]
Hapag-Lloyd said it will revise and enhance its Gulf Caribbean Service (GCS). It said the rotation of the current GCS is extended to provide Eastbound and Westbound calls for […]
The plant will produce about 180 metric tons per year, which will be packaged into large sacks and loaded on to trucks (25 truck trips annually) for shipment to […]
The Port of Antwerp Authority said it will invite expressions of interest for new opportunities to expand cargo handling capacity at its Deurganck dock, a request prompted by the […]
The Federal Maritime Commission said Monday it planned to host on Dec. 17 a global regulatory summit “in light of the increased networking among ocean common carriers.” Regulators from […]
Maersk said it will launch a new new weekly intra-America service, MesoAmerica Express (MAE), that will connect the United States and Puerto Rico with Mexico, Guatemala, Honduras, Costa Rica, Panama, Colombia, […]
The Federal Antimonopoly Service said the case was initiated upon materials obtained in the course of several dozens of unscheduled on-site inspections of economic entities — in particular, Russian […]
The six containership companies that belong to the G6 Alliance are planning to expand their cooperation to the Asia-U.S. West Coast and transatlantic trade lanes. The new services are […]
U.S. steel imports in October increased 8.4 percent compared to September based on preliminary data reported by the government and analyzed by the American Institute for International Steel. […]
In a letter to the FMC, ILA President Harold Daggett wrote, “Such a drastic consolidation of capacity naturally leads to questions as to the long-term impact of such an agreement […]
During the third quarter, Zim, the Israel-based container shipping company, had a net loss of $44 million, down from a $97 million loss in the second quarter of this […]
MTC Logistics, a subsidiary of Hoffberger Holdings, Inc., will expand its Port of Baltimore temperature-controlled distribution center located at the Chesapeake Commerce Center. “The strategic position immediately adjacent […]
The European Shippers’ Council and the Asian Shippers’ Meeting said they have “agreed to take their cooperation to the next level,” according to a statement after a meeting last […]
Shipper groups are expressing reservations over the plan by the three largest container carriers — Maersk, MSC and CMA CGM — to form a P3 alliance to operate on […]
The Port of Oakland Truckers Association said that as many as 800 drivers may not be able to work at the port after Jan. 1 because of California clean […]
Holt Logistics Corp. said Tuesday that Bermuda Container Line (BCL) will move its U.S. port of call from Elizabeth, N.J., to Holt’s Packer Avenue Marine Terminal in Philadelphia in […]
The U.S. Export-Import Bank has approved a $61.1 million direct loan to Inversiones Eolicas de Orosi Dos S.A. (Orosi), a subsidiary of Central American wind-generation company Globeleq Mesoamerica Energy, […]
Representatives to the World Trade Organization’s General Council held the “most intensive” negotiations in Geneva since July 2008, but final agreements remain elusive in the face of the Bali […]
The 26,500-DWT ships, which are being built by VT Halter Marine, will have a cargo capacity of approximately 2,400 TEU, with additional space for nearly 400 vehicles. They are […]
JF Hillebrand Group AG, a third-party logistics specialist in the beverage industry, has acquired Houston-based Satellite Logistics Group. Terms of the deal were not disclosed. SLG specializes in […]
The World Trade Organization released a final report this week backing the European Union’s ban on trade in products of commercial seal hunts. In 2010, Canada and Norway initiated […]
United Arab Shipping Company is introducing two new feeder services to improve its service in Asia. “The dedicated and direct services will run weekly, covering Japan, Central and […]
The company said transported volume reached 493,512 TEU in the third quarter of 2013, an increase of 5.6 percent compared to the second quarter of 2013 and of 0.8 […]
The lawsuit claims the commission, which was created in 1953 to fight corruption, “has gone off the rails to pursue a future role for itself that is well outside […]
CMA CGM, the world’s third largest container shipping company, said it had a profit attributable to shareholders of $70 million in the third quarter, compared to $363 million in […]
The investment banking firm Jefferies cautioned, however, that it thinks “most of the cost savings potential may have been exhausted, particularly after a steep cut in fuel consumption in […]
The European Commission said it has “opened formal antitrust proceedings against several container liner shipping companies to investigate whether they engaged in concerted practices, in breach of EU antitrust […]
The U.S. International Trade Commission voted to investigate imports of certain windshield wipers — “flat blades” or “beam blades,” as referred to by the automotive industry — and related […]
The U.S. and Moroccan governments Thursday signed a Trade Facilitation Agreement with a focus on improving transparency of customs practices between the two countries. The deal builds on the United […]
The U.S. Department of Transportation announced that a $275 million loan under the Transportation Infrastructure Finance Innovation Act (TIFIA) has been issued to Georgia to build new reversible lanes […]
A Port of Cleveland official said the service will be the “fastest and greenest route” between Europe and North America’s heartland, allowing regional companies to potentially ship goods four […]
Paul N “Chip” Jaenichen, the acting head of the U.S. Maritime Administration (MarAd), told the U.S. Senate Committee on Commerce, Science, and Transportation that if he is made the […]
Transpacific Stabilization Agreement members are adopting a two-step “guideline” rate increase that, when combined, would hike freight rates $500 per 40-foot container in December and January.
The Rotterdam Maasvlakte I terminal will modify five of its existing post-Panamax cranes so they can reach across 23 rows of containers and accommodate the latest generation of ultra-large […]
The Alliance for the Great Lakes is raising the alarm over plans to ship tar sands crude oil on the Great Lakes. In addition to supporting fisheries and tourism, […]
Containership owner Seaspan Corp. said this week that it plans to sell 3.5 million shares of Class A common stock that will be priced at $22 per share. […]
The organization has further postponed the start of a public hearing about adding longshore workers in the Port of New York and New Jersey from Nov. 25 to a […]
Drewry says the most recent edition of its Carrier Performance Insight report “revealed a disappointing drop in performance for both ship-level and container-level reliability.” The London-based consultant and […]
The P3 Network carriers – Maersk, Mediterranean Shipping Co. and CMA CGM – have started sharing details of their proposed vessel-sharing agreement with U.S., European and Chinese regulatory authorities. […]
Afederal judge found an insurer was justified in rescinding an ocean marine insurance policy because the insured misrepresented the value and condition of a dry dock it insured. (Catlin […]
Hub Group typifies the shift to more diverse services in this market space. In the railroad world, the moniker “hub” is well suited to Chicago, with its mass […]
ACL’s added capacity will allow it to increase shipper cargo allocations. Andy Abbott, president and chief executive officer of Atlantic Container Line, said he’s looking forward to being able to […]
Shippers “call the shots” as to where container carriers send their ships, said Anil Vitarana, president of United Arab Agencies, the agent for United Arab Shipping Co. (UASC) in […]
Fault lines make unified voice for cargo groups elusive. With the globalization of business and the bigger regulatory role being played by international bodies, such as the International Maritime Organization (IMO), there […]
The city council voted 6-3 on Tuesday night in favor of a recommendation by Mayor Bob Foster that Thomas Fields be removed as president of the Long Beach Board of […]
The U.S. Federal Maritime Commission said it’s “accepting further public comment on the P3 Network Vessel Sharing Agreement” of Maersk, Mediterranean Shipping Co. and CMA CGM until midnight Friday, Nov. […]
Port Canaveral said it will receive $9.7 million from the state of Florida to help pay for expansion of its container facilities. A large cruise ship port, Port […]
Non-vessel-operating common carrier CaroTrans will start a new direct less-than-containerload service from New York to St. Petersburg, Russia, on Nov. 23. This fortnightly service has a 21-day transit. […]
What UASC calls the AWSI and CSCL labels its AAS2 will be merged with Yang Ming’s PSW4, and each of the carriers say they will continue to use those individual […]
OOCL Canada has arranged for inspections and is expected to arrive in Shanghai later this week. OOCL said it has made arrangements for boxes to be transferred to another ship, which will […]
China Shipping Group said Xu Li Rong has been named chairman and party secretary, replacing Li Shaode, who is stepping down due to his age. Xu Li Rong’s […]
Maersk Line said it’s “business as usual” at the Port of Lazaro Cardenas on Mexico’s west coast Mexico’s federal government and military took over the port city last week […]
MOL Group said it’s expanding its logistic services. The Japanese company noted “in recent years, particularly in the Mekong region, the group has aggressively developed its networks, and […]
The Port Equipment Manufacturers Association (PEMA) said it has released an information paper on the electrification of rubber-tired gantry (RTG) cranes in ports and terminals – “a key issue facing […]
The Korean Register and Russian Register of Shipping have recently entered an agreement to cooperate on shipbuilding. The aim is the continued development and promotion of the international […]
Yusen Logistics and Imperial Health Services have started a dedicated, temperature-controlled ocean freight consolidation service from Europe to southern Africa. This weekly service, which begins in January, will […]
Robert Bugbee, president of Scorpio Tankers, has been named as the Connecticut Maritime Association (CMA) Commodore for the year 2014. The 2014 Commodore Award will be presented to […]
