“The timing of these increases is important, as prevailing spot market rates have a very strong influence on contract rates, for which negotiations are presently getting underway for 2014 […]
Evergreen said Sun Right, a 4,229-TEU chartered containership in its fleet, has sustained mechanical problems off the coast of California while on an eastbound voyage (Voyage No. 0607-119E) in […]
The Japanese classification society Nippon Kaiji Kyokai (Class NK) is proposing safety measures following its own investigation of the MOL Comfort casualty this summer and the deliberations of a […]
The American Institute for International Steel (AIIS) said U.S. steel exports increased in August compared to July by 5.5 percent, but were down compared to August 2012 by 2.1 […]
Marking the one-year anniversary of the U.S.-Panama trade agreement entering into force Thursday, U.S. Trade Representative Michael Froman highlighted significant increases in American shipper activity to the Central American country. […]
Japan’s three large shipping companies — NYK, MOL and “K” Line — all reported better results for the periods ending September 30, when compared to the prior year, largely […]
The U.K. P&I Club said a recent incident in which containers of crab shell meal caught fire due to self-combustion has highlighted safety issues with the substance, which is […]
China Shipping Container Lines Co. Ltd. said it had a net loss of 404 million yuan renminbi (RMB) in the third quarter ending September 30 compared to a net […]
International Bunkering, one of the world’s largest bunker and lubricant trading companies, has acquired U.S. bunker brokerage firm Glander International. All brand equities will be transferred from both […]
Bogatch-Genossar The New York/New Jersey Foreign Freight Forwarders and Brokers Association has named Lea Bogatch-Genossar, ZIM’s Americas, Canada and Caribbean Area President, their Person of the Year. She […]
By sharing vessel space, the carriers said they will increase total capacity in the trade by using two 2,500-TEU-capacity vessels, resulting in a more efficient operation and reduced carbon […]
FESCO Integrated Transport North America has launched a new regular container service from North America to St. Petersburg, Russia, from the ports of New York, Norfolk and Charleston with […]
China Cosco Holding Co. Ltd. said it had a net loss of 737 million yuan renminbi (RMB) ($121 million) in the third quarter, compared to a 1.1 billion RMB […]
NOL Group, the Singapore-based parent of the container liner company APL, on Wednesday reported a net profit of $20 million for the third quarter of 2013, down from $50 […]
Hanjin Shipping said Wednesday that it is receiving a loan of 150 billion Korean Won ($141.6 million) from Korean Air, a major shareholder of Hanjin Shipping Holdings. In […]
AGL Resources said its Tropical Shipping operation had earnings before interest and taxes (EBIT) of $2 million in the third quarter compared to a loss of $1 million in […]
The agreement would give the three carriers the ability to discuss and agree on the size, number and operational characteristics of vessels to be operated on transatlantic and transpacific […]
“I believe management has good intent; I believe the ILA has good intent. But the big umpire in the room is the Waterfront Commission,” said Dennis Daggett.
Mobile, Ala.-based ASF Intermodal has opened an intermodal drayage facility in Chicago, the firm’s first location in the Midwest. The new Chicago terminal is the first of several […]
A.P. Moller-Maersk has appointed Morten Engelstoft to chief executive officer of Services and Other Shipping. In addition, Engelstoft will take over the position of CEO for Maersk Tankers, […]
The Obama administration expressed “serious concerns” about the enforcement of Guatemala’s worker-rights laws, expecting “solid progress” toward implementing the country’s commitments over the next six months.
The National Shipping Co. of Saudi Arabia, Bahri, said it had net profit of 146.1 million riyal ($39 million) in the third quarter compared with 60.2 million riyal in […]
INTTRA said that it will roll out a cloud-based product early next year that will allow shippers — even and small- and medium-sized businesses — to get better visibility […]
The Waterfront Commission of New York Harbor will hold November hearings on the New York Shipping Association and International Longshoremen’s Association’s request to add longshoremen, and checkers and clerks […]
The Marine Engineer’s Beneficial Association said Jesse M. Calhoon, its longest-serving president “who is widely credited with ushering the union into the modern era,” died October 22.
OOCL lifted 1,349,205 TEU in the third quarter, 0.9-percent less volume than in the same period last year, according to a filing by its parent company, OOIL, with the […]
The U.S. Department of Agriculture’s Animal and Plant Health Inspection Service is amending its regulations to allow the cold treatment of imported fruits and vegetables upon arrival at the […]
“As I explored retirement options, we searched for a buyer that would provide the best home for our customers and employees,” said Jim Keller, president of KFS, in statement.
Officials at the Maasvlakte II terminal have negotiated a three-year collective labor agreement with two Dutch unions, FNV and CNV. The new terminal has been in the testing phase […]
The Port of Cleveland said it plans to start a regularly scheduled express ocean shipping service between Cleveland Harbor and Europe in April. It will be the only scheduled […]
The Georgia Ports Authority said its four super post-Panamax ship-to-shore cranes that arrived in June are now fully operational at the Port of Savannah’s Garden City Terminal. “Our […]
The House of Representatives on Wednesday voted overwhelmingly, 417-3, to approve H.R. 3080, the Water Resources Reform and Development Act of 2013 (WRRDA). The House Transportation and Infrastructure […]
The U.S. International Trade Commission has appointed Dominic L. Bianchi to general counsel and Margaret D. Macdonald to director of the Office of Unfair Import Investigations. The general […]
Shipments of coal on the Great Lakes totaled 2.7 million tons in September, a decrease of 13 percent from a year ago and the preceding month, the Lake Carriers’ […]
Federal Maritime Commission Chairman Mario Cordero said he is hoping for a favorable response from regulators in the Europe and China to his call for a global regulatory summit […]
If the P3 Network is approved by antitrust authorities, its members — Maersk, MSC and CMA — will have “two large competitive advantages over their closest competitors,” said SeaIntel […]
Starting April 13, 2014, the federal government will no longer print traditional lithographic (paper) nautical charts, but will continue to provide other forms of nautical charts, including print-on-demand charts and […]
“Improving Working Conditions in the Ready-Made Garment Sector” focuses on minimizing the threat of fire and building collapse in ready-made garment factories and on ensuring the rights and safety […]
The Indianapolis International Airport has recently commissioned what’s considered to be the largest solar project at a U.S. airport so far, with an output of 12.5 megawatts of electric […]
According to Drewry, the portion of containers that are 40-foot high-cubes has risen from 41 percent in 2007 to 49 percent, and this percentage is expected to grow by […]
CMA CGM said it is investing in a new information system and has “entered into a strategic partnership” with SAP “to develop the first system totally dedicated to container […]
The survey, sponsored by Penske Logistics, found that 3PL CEOs in North America, Europe and the Asia-Pacific are generally optimistic about company and industry growth prospects over the next […]
The Port of Long Beach handled 587,114 TEU in September, 14.7 percent more than in September 2012. Volumes of containers holding imports and exports as well as empty […]
Hillwood Properties — developer of the 18,000-acre, mixed-use AllianceTexas development in north Fort Worth — said it will build a speculative, 1 million-square-foot industrial building, called the Alliance Center […]
The Federal Maritime Commission has reached seven compromise agreements recovering a total of $617,500 in civil penalties. The agreements were reached with nine non-vessel-operating common carriers (NVOCCs) and […]
Cordero Federal Maritime Commission Chairman Mario Cordero is asking fellow regulators in the European Union and China to join with him in a global regulatory summit on the proposed […]
“This financing will expand the number of commercial biorefineries in operation in the U.S. that are producing advanced biofuels from non-food sources,” Agriculture Secretary Tom Vilsack said in a […]
The Maryland Port Administration said all ships are working normally again at the Port of Baltimore after the International Longshoremen’s Association agreed to a 90-day contract extension on Friday.
The National Industrial Transportation League, the largest shipper organization in the country, is asking the Federal Maritime Commission (FMC) to closely examine the planned P3 Network that Maersk, MSC […]
Port officials will be meeting with Hanjin and terminal operator ICTSI Oregon in coming weeks. It said Hanjin will continue with weekly direct calls at Terminal 6 for the […]
MSC said export cargo from the West Coast of the U.S. and Canada to North Europe (including Scandinavia and the Baltic region), the western Mediterranean and Israel will be […]
The U.S. Grains Council (USGC) said that on last Friday, Oct. 18, the first-ever bulk shipment of U.S. sorghum to China berthed and began unloading at the Guangzhou Port […]
Shippers are a diverse group, and they can’t be expected to agree on everything. Still, we are surprised by the reception a proposal by the International Maritime Organization […]
Bailey Shipping acquired the drybulk carrier Max on Aug. 16, 2007 from Wave Navigation, an entity which owned the vessel since 2000. (Wave was not a party to this […]
Proximity to transportation hubs prime criteria for CenterPoint. Paul Fisher, chief executive officer of real estate development company CenterPoint Properties, recalls traditionally his peers would look at a new 33-foot […]
Intemodal firm sees growing demand for drayage services from shippers. RoadOne IntermodaLogistics, formed earlier this year through the purchase of the former RoadLink transportation division, sees increased demand for drayage […]
By Tom Nightingale The great management scholar Peter F. Drucker wisely stated, “The purpose of business is to create and keep a customer.” There are two equally important sides […]
Ports worldwide — including those in the developing markets with their vast mineral resources to export — have a need to accommodate larger ships. However, the cost to build […]
The United States Maritime Alliance’s Dave Adam said the return of work pertains to master contract work. That includes the handling of containers and large roll-on, roll-off cargo, though […]
The Port of Baltimore said arbitration was expected to begin Friday morning in an effort to end a strike by members of International Longshoremen’s Association. The strike began Wednesday […]
Maersk Line has advised that a labor action in Rotterdam is causing it to divert ships to Amsterdam. The carrier said that due to current collective labor agreement […]
Construction officially kicked off Thursday on the Port of Savannah’s “last mile” Jimmy Deloach (Parkway) Connector project. “Today, we take another step toward making sure companies can get […]
A group of large U.S. retail trade associations have asked the country’s lawmakers to renew the African Growth and Opportunity Act for at least 15 years “to ensure the […]
Legislation signed earlier this week by President Obama to reopen and fund the federal government through January 15, 2014, also contains a provision to fund the Maritime Security Program […]
Wells Fargo said today that it expects Matson will order ships or give a “material update” on new building plans by the end of the year, In an […]
Deep Water Now has been launched to encourage business and community leaders in the Northeast part of the state to support efforts to deepen the St. Johns River shipping […]
Third party logistics provider ASF Logistics recently entered an agreement with Australia-based A&A Industries to oversee the transportation management of Airstream travel trailers from the Port of Baltimore to Australia’s Port Kembla. […]
Ships at the port’s public marine terminals were not being worked. Work on five ships was idled on Wednesday. Private terminals that handle commodities such as coal, sugar and […]
Green Marine, a voluntary marine industry environmental improvement initiative, and the American Association of Port Authorities signed a memorandum of understanding underscoring a new collaboration to advance the environmental […]
A U.K.-based provider of maritime research, Dryad Maritime Intelligence, is renewing calls for heightened vigilance by ships traveling near Somalia following the recent attack on two ships, including the […]
“It makes no sense for rates to be at current levels, and it threatens the ability of individual carriers to maintain service levels heading into 2014,” said Brian Conrad, the […]
John F. Reinhart, the long-time head of the Norfolk, Na.-based U.S.-flag vessel arm of Denmark’s A.P. Moller-Maersk Group, will continue to lead the company until his departure at the end of […]
The Port of Los Angeles said it handled 710,892 TEUs, including empty containers, in September, 4.57 percent fewer than in the same 2012 period. Combined total loaded imports […]
FESCO Integrated Transport North America has launched a new regular container service from North America to the Russian Black Sea ports of Novorossiysk and Sochi where the 2014 Winter […]
Non-vessel-operating common carrier CaroTrans has started a direct Los Angeles-to-Suva, Fiji less-than-containerload service. The NVO said the typical transit time to this market has been reduced from 32-36 […]
For exports to the Far East moving through U.S. West Coast ports, the general rate increase is $80 for 20-foot dry boxes and $100 for other size dry boxes, including […]
Clarkson Securities, which helped pioneer container freight swaps, is getting out of the business because of a lack of volume. In late April, a joint venture by ACM […]
Peel Ports said work has begun on constructing the quay wall at the new Liverpool 2 Container Terminal. The terminal, being built at a cost of 300 million […]
The Copenhagen-based consulting firm said a comparison of freight forwarders and carriers between 2008 and 2012 found the volume of cargo arranged by large forwarders was more volatile than that […]
Liner carrier APL has put its newest containership, the 9,200-TEU APL Savannah, into service in the transpacific. The vessel, the fifth of a series of 12 on order, […]
Damco, the forwarding arm of the A.P. Moller Maersk, has appointed Tommy Mølgaard as its global chief financial officer. Mølgaard was previously head of corporate finance at another […]
Molasses was released in early September into Honolulu Harbor from a pipeline system operated by a Matson subsidiary, and the company said it is fully cooperating with regulators involved in responding […]
APM Terminals on Friday held a formal contract signing with the Van Oord-BAM consortium for the construction of the new Moin Container Terminal in Costa Rica. The conortium […]
“Shippers are rightly worried about the potential of the P3 to eliminate effective competition in the world’s main liner trades,” said Chris Welsh, head of the Global Shippers’ Forum. “We […]
The companies have joined forces to establish Global Reefers NV, which they say will offer “the most efficient service on specialized reefers and container lines from Chile, Peru and Colombia […]
MOL has announced changes on New World Alliance services in the transpacific. Sailing days and transit times are being changed on the PCX service and PNW/PS1 services are being combined […]
Logistics property investor and developer Verdion has entered into an agreement with the Healthcare of Ontario Pension Plan (HOOPP) to fund and develop logistics parks in Europe valued at over 1 […]
Unifeeder, a major European feeder and short-sea operator, will consolidate its short-sea transport operations through the Eurogate terminal in the Waltershof section of Hamburg, Germany. “Many of Unifeeder’s customers, […]
Johnson & Johnson Medical China has awarded Kuehne + Nagel a contract to manage the warehouse for its medical devices in China. Kuehne + Nagel said the warehouse […]
Carrier Transicold said Tuesday it’s making commercially available a refrigeration unit for ocean containers it calls NaturaLINE, which uses carbon dioxide (CO2) as a refrigerant instead of fluorocarbons. “Throughout all […]
Liner carrier members of the alliance have announced the withdrawal of eight Asia-Europe sailings from late October 2013 to February 2014 in response to expected low demand over the winter season.
American Roll-on Roll-off Carrier (ARC) said it is expanding its Atlantic Service through the addition of a fifth U.S.-flag ro-ro vessel, Freedom. ARC said it will add regular […]
The Port Equipment Manufacturers Association (PEMA) has published an information paper on container weighing technologies. The paper’s release follows the International Maritime Organization’s recent decision to press forward […]
The NVOCC CaroTrans said that it will start offering an expedited LCL import service from Hong Kong to Atlanta with a 22-day transit time. CaroTrans said the service, […]
An influx of additional containership carrying capacity is hurting freight rates, especially the dynamics of the North-South trades, according to the London-based shipping consultants Drewry.
SeaIntel says an analysis of container traffic at North American seaports between 2006 and 2012 shows the share of the market handled by ports on the East Coast of […]
Drewry said the decision by ocean carriers to dump unwanted vessel capacity from their East-West schedules into North-South trade lanes “is now seriously hemorrhaging freight rate levels in North-South services.”
Container Trade Statistics says an aggregated volume data survey shows the container shipping industry “may be finally pulling out of one of its longest recessions in history.” “Overall, […]
“2013 has been a significant year for Safmarine MPV which started with the AP Moller-Maersk Group’s decision to establish the Safmarine MPV business as a separate and independent business unit […]
DNV-GL, the classification society formed last month through the merger of Det Norske Veritas and Germanischer Lloyd, said its FutureShip has collaborated with Hyundai Heavy Industry to optimize the […]
