Maritime

World Shipping Council CEO John Butler says breakthroughs will be needed to reduce greenhouse gas emissions.

Maersk, which has been reducing its holdings in Total over the past year, says it sold shares worth about $1 billion.

Bendix is now making its advanced safety systems available for retrofit for models where it was not factory-installed. Plus, U.S. finds little support for postal rate changes, detention time increasing and air cargo boom may be over.

Rodolphe Saadé, CEO of CMA CGM, is expected to be elected as chairman of CEVA during annual meeting in April.

NFI Industries will use the acquisition of the Seattle-based firm to expand its non-asset intermodal services, especially in refrigerated transport.

“A stalwart leader within the American Association of Port Authorities” passed away Saturday following a battle with pancreatic cancer.

A World Shipping Council study outlines benefits of vessel-sharing agreements as European regulators study whether to extend antitrust protections past April 2020.

Slow steaming is potential way for ocean carriers to meet higher costs of IMO 2020, but it carries risk of further service degradation.

The acquisition of Poland’s largest container terminal is worth more than $1.1 billion, according to The Wall Street Journal.

The 11,000-TEU Cape Sounio, operated by ZIM on a service offered by the 2M alliance, arrived Monday after transiting the Panama Canal.

Severe flooding hits home and causes two deaths in the region, but freight impact limited to major bulk commodities.

Drewry says container carriers may try to mitigate the rising cost of fuel by slowing ship speeds and relying more on feeder ships.

The German logistics services provider made the purchase to help establish its network in Canada.

China is the number one country for emerging logistics opportunities in 2019, according to the latest annual Agility Logistics Index, which surveys over 500 logistics professionals. The country also takes the top spot both for domestic and international emerging markets logistics opportunities. India was in second place. Countries in the Middle East and South East Asia showed strongly too.

Following the loss of Grande America on 12 March a 10km long oil slick from the ship’s bunker fuel threatens to pollute parts of the French coast, while cargo owners count the cost of the destruction of their freight.

Rates from Asia to the U.S. East Coast have fallen since the fourth quarter of 2018, and there are “several signs of slowing world trade.”

The ships will replace older ships and be used in the intra-Asia trade by Sealand, which operates feeder ships for Maersk.

Fuel pumping operations could begin Friday or Satuday, said France’s minister of ecology, but the maritime prefecture said there is a risk of coastal pollution from the spill.

U.K. Freight Transport Association doubles down on advice to members to plan for a worst-case scenario.

High winds were a contributing factor to the Wednesday morning incident in which about two dozen railcars fell from a trestle onto a river bed.

French container carrier increases ownership of Swiss logistics company after monthlong tender offer.

International terminal mega-operator, DP World, has announced a solid set of results for 2018. Revenues, earnings before interest taxation depreciation and amortization (EBITDA), and net profit all substantially increased last year compared to 2017. Acquisitions and increased box volumes drove revenues and profits. DP World has announced investment plans for 2019.

All four crew members of the Michelle Anne safely escaped Thursday, but a Coast Guard incident management team confirmed a oil sheen in the water.

An inland port in Georgia can be in the works for automaker.

Pennsylvania-headquartered 3PL has grown operations from Atlanta to Southern California and wants to accelerate growth.

Funding plan keeps Charleston and Savannah on course to handle larger container ships.

A CEO is named for Europe, and a vice president for labor relations is appointed.

The 430-acre Logistics Center Hudson, located northeast of downtown Denver, is part of BNSF Railway’s $65 million investment in Colorado this year.

V.Group, a prominent global marine and offshore vessel management and support services provider based in London, appointed Steve Holland as a non-executive director on March 13, the latest in a series of significant changes at the company.

The Grimaldi Group ship was carrying about 2,200 tons of heavy fuel oil when it sank Tuesday in the Bay of Biscay.

Terminals moving out backlogs of containers and improving turn times; outbound freight demand still strong as drayage remains tight.

The Florida Ports Caucus met Tuesday to discuss the priorities and needs of the state’s ports.

Gimaldi, the owner of the Grande America which caught fire and sank off the coast of France this week, has confirmed that the fire started in a cargo container. The third such fire in the last three months.

France’s Maritime Prefect of the Atlantic reportedly said Wednesday the sunken Grimaldi Group-owned ConRo ship was carrying 365 containers and more than 2,000 vehicles.

Lower labor costs make other countries alluring, but China’s transport infrastructure and container services make it hard to beat.

Appointments also announced by ClassNK, OmniTRAX, Transflo, Symphony RetailAI, Wallenius Wilhelmsen Solutions and Grote Industries.

City’s construction boom helped fuel influx of steel to Canadian inland port.

Volumes continue to remain strong even during seasonal slow patch and trucking capacity still remains tight in the region.

The legislation introduced Tuesday by a bipartisan group would reauthorize the act through 2024 at current funding levels.

International oil major BP has announced that it will retail a new very low sulfur fuel oil following successful sea trials, however, it has not released a date when sales will begin. The fuel will have a maximum sulfur content of 0.5 percent and will be sold by BP around the world. BP is one of several refiners, such as Shell and Sinopec, that are offering or are researching low-sulfur fuel.

The Grimaldi vessel Grande America caught fire on 10 March and sank on 12 March after a cargo fire. on deck spread to other containers. All the crew and passengers were rescued.

Trump’s budget bodes well for certain freight grants but Democrats take issue with reliance on the private sector.

The oil, developed by GoodFuels and derived from used cooking oil and forest residues, does not contain sulfur oxide or require engine modifications.

Panelists discussed current market data and how the TCA educates its members to operationalize data in their businesses.

Volvo has started testing connected vehicle technology in California, plus Michigan governor pitches fuel tax hike, California legislator wants to phase out diesel engines and Alibaba buys into delivery company.

All 27 people on the ConRo vessel owned and operated by the Italian Grimaldi Group abandoned ship early Monday morning and were rescued by the Royal Navy frigate HMS Argyll.

The Kaimana Hila, the sister ship to the Daniel K. Inouye, is expected to enter service in late April.

The Agriculture Transportation Coalition says replacing marine terminal with ballpark would be a step backward and limit potential export growth.

Big ships come to U.S. even as backhaul cargoes still lacking, and truckers deal with terminal shut-outs and chassis imbalances.

The cocaine shipment from Colombia is the second largest seized at the Port of New York and New Jersey in 25 years.

The executive committee of the AFL-CIO’s Transportation Trades Department set an agenda Monday that also eyed rail safety and combating commercial driver fatigue.

BP Marine says it conducted comprehensive testing of the new fuel that will comply with the IMO regulation that goes into effect next year.

Down, down, down – freight rates are down, nearly across the board, on export and import routes to and from China, according to indices published by the Shanghai Shipping Exchange.

International Container Terminal Services (ICTSI) has released solid results for 2018. The port and terminal operator, which is headquartered in Manila, Philippines, had an up-up-up 2018 compared to 2017. ICTSI’s box volumes were higher, revenues increased and the group generated higher profit.

Infrastructure hearings and a controversial waiver have lawmakers taking sides on the Jones Act debate.

MatchBack Systems provides an innovative approach to manage shipping container costs and improve efficiency optimization through the use of matchbacks.

CEO Appel says 2019 restructuring of postal, e-commerce unit to drive 2019 profitability.

Container volume growth will not outstrip global GDP to the same degree as in the past because many commodities once shipped in bulk already have shifted to containers.

Huarong Energy, formerly known as Rongsheng Heavy Industries, which was China’s largest privately owned shipbuilder, sold the assets to the bond holder for HK$1.

E-commerce giant Alibaba says it will deepen collaboration with the parcel delivery company STO Express

Korea Development Bank will transfer its Daewoo stocks to a subholding company to be established by Hyundai Heavy in return for equity stake in the company.

Member of THE Alliance is latest ocean carrier to experience financial difficulty amid a still volatile rate environment.

Republican Sen. Mike Lee’s Open America’s Water Act would open U.S. domestic waterborne commerce to “qualified,” non-U.S.-flag vessel operators.

Competiton regulations prevent container shipping lines discussing individual cargo owners between themselves, but this regulation may prevent the lines from warning each other about the potential dangers of a cargo. Its time for a change in the rules some say.

Stevedoring company says the investment by Blackstone Infrastructure Partners is “growth oriented.”

Purchase will add a cloud-based terminal operating system for small container and mixed cargo terminals.

There are worries that the U.S. may be seen as an unreliable source of commodities such as soybeans.

The group reported a 1.8 percent growth in revenue in 2018, but the decline in EBIT was attributed to 502 million euros spent on restructuring the PeP division.

Michael Khouri, who has served as acting FMC chairman since January 2017, was officially named chairman by President Trump on Thursday.

Trade ministers from Indonesia and Australia signed a new free trade agreement (FTA), the Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA), in Jakarta, Indonesia, on March 4. The new agreement eliminates nearly all tariffs on the two-way trade in goods between the two nations. A wide variety of non-trade barriers will also be removed.

Electric trucks dominated the vehicle conversations at this week’s Work Truck Show in Indianapolis, plus the cost of charging vehicles, overtime pay changes and another trucker protest planned.

House lawmakers reintroduce legislation requiring trucks over 10,000 pounds to have protective guards on all sides, which the association says offer no safety benefit.

The YM Warranty and YM Wellspring are planned for the Pacific North West Coast Loop 3 and Mediterranean Service-2 lanes.

V. Group, a leading global marine and offshore vessel management and support services provider headquartered in London, hired Allison Henrikson to fill the role of Chief Financial Officer on Thursday, […]

Company plans to improve profits by canceling uneconomical charters and “reducing market-exposed fleets.”

Tony Kingston is named president and CEO, and Jon Panzer, Jennifer Hamann and Gary Grosz have new roles.

Lars Jensen says while individual carriers and freight forwarders may be under threat, the industry is not.

A survey sponsored by the International Tank Container Organization found the top 10 operators and leasing companies dominated the industry.

The American Logistics Aid Network’s volunteers prepare to assist Alabama and Georgia communities struck by tornadoes as well as flood-ridden areas of Tennessee.

The deal, which is reportedly for an approximately $2.5 billion and also includes DCLI subsidiary Blume Global, is expected to close in the second quarter.

An e-bill of lading service using proven scalable technology can have easy ROI based on prime service revenue, faster delivery, time savings, removal of fraud risk and heightened security.

A maritime labor-supply demand gap is opening up in Australia as its marine workforce is old and getting older, according to a new report from local domestic trade association Maritime Industry Australia. Worse still, there are fewer and fewer young people entering the local maritime industries.

Smaller fleets see best growth in driver capacity, but shippers only tap them once in a while, creating more volatility.

Agency said the Boeing 767-300 cargo plane’s pilots lost contact with air traffic control in Houston during the last 18 seconds before the Feb. 23 crash.

The latest economic projections from the Organization of Economic Co-operation and Development predict a global slow down in trade. Acquiring a new business in this climate is a challenge that CH Robinson has accepted.

BLOC recently collaborated with mining company BHP, Japanese shipping company NYK, and biofuel company GoodFuels, to deliver sustainable biofuel to the BHP-chartered, NYK-owned bulk carrier – all via BLOC’s blockchain fuels assurance platform.

Opposition voiced by lawmakers and U.S.-flag vessel and shipyard interests to Puerto Rico’s proposed 10-year Jones Act waiver.

While the companies agree on how to tackle the low-sulfur fuel mandate, they are pursuing very different corporate strategies.

The rotation of the new service connects Turkey with Europe and Canada and will be served by eight 5,500-TEU ships.

Freight rates for biggest ships fall below those of smaller ships, but that is set up for rebound, market experts say.

Cargo undamaged by the early January fire cannot be discharged in the Bahamas and a containerized terminal berth in the vicinity may not have enough capacity.

A National Association of Manufacturers survey, which coincided with a speech by Vice President Mike Pence, found concerns remain about infrastructure.

Soren Skou said biggest ocean carrier is more customer-centric than ever, but vessel reliability and detention fees still a pain for customers.

The Transportation Institute credits the Jones Act for the industry’s employment of nearly 650,000 Americans and contribution of $154 billion to the nation’s economy.

Biggest trade lane into North America saw price surge last year that may not ease up much as double-digit increases seen in rates for 2019.

Jörg Sommer is named CEO of StreetScooter; Tammy Leurquin is hired as chief technology officer; and Casey Taylor is appointed as vice president of sales.

The North Carolina-based company also reported Tuesday its LTL revenue per hundredweight increased 9.6 quarter-to-date over 2018.

No injuries were reported from the Saturday incident in which the Safmarine Nokwanda struck the Tianjin, which was docked at the port.

Demand for container shipping in the transpacific was another major topic at TPM19.

Marseille, France-based maritime container shipping giant CMA CGM generated record revenues of over USD$23 billion but suffered a huge 91 percent slump in profitability after the group experienced several massive cost increases.