Maritime

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.

GrainCorp, an agribusiness and bulk-ports operator, has agreed to sell its Australian bulk liquid terminals business to independent bulk liquid storage company, ANZ Terminals, for about AUD$350 million (USD$248 million).

Refineries and supply chain not ready for ocean shipping’s uptake of new fuel; even heating oil prices possibly in play during election year.

French carrier says CEVA acquisition will create $30 billion company offering door-to-door logistics.

The launch of Scan Reach’s digital connectivity mesh network system will allow smaller vessel owners and their customers to reap the benefits of the digital age at an affordable cost.

Liner alliances in a quandary about what to do with largest capacity ships as cancelled port calls increase to deal with capacity glut.

FMC kicks off industry innovation teams in an effort to develop “transparent and standardized language for detention and demurrage practices.”

The Spanish freight forwarder will be integrated into global forwarding division and technology platform following the approximately $48 million cash purchase.

Shipping lines with direct service calls to the port and that do not transship within 250 nautical miles are eligible for the incentives.

The reduction, effective March 29, is the fourth one of 2019 announced by the Panama Canal Authority following low rainfall in December.

The Blockchain in Transport Alliance was founded in 2017 and currently has nearly 500 members in more than 25 countries.

In announcing of giant revenues and super-massive dividends, Australian mining colossus Rio Tinto delighted markets, shareholders… and maybe even roboticists too!

A carbon tax is expected to be levied on polluting ships within the next few years so finding energy solutions that will reduce or eliminate those charges could give operators a competitive advantage. Corvus Energy’s range of batteries could offer a solution.

Australian miner Rio Tinto generated over US$12 billion (all figures in U.S. dollars) from its bauxite, alumina and aluminum production in 2018. It predicts about 67 million tonnes production of bauxite, alumina and aluminum this year. These minor bulk commodities are significant seaborne cargoes.

Consulting firm says requirement to use low-sulfur fuel could raise costs by $10 billion for industry.

Simplification and improvement of capital structure will support long-term business plans, says the logistics and transportation company.

The Swiss company, which has been an acquisition target of Danish firm DVS, reported a drop in ocean freight volume last year.

The Norwegian Government is debating whether to introduce a Carbon Fund, based on its successful nitrogen oxide fund (NOx Fund), with a view to cutting carbon emissions by 40 percent by 2030.

Firm cuts debt load nearly in half, shows single-digit top-line growth in freight management, contract logistics.

Online freight booking systems can streamline the process for booking air and ocean freight, solving several significant challenges along the way.

Start-up is latest seeking to automate the fraught process of securing truck capacity with its test bed at busiest port in U.S.

Lawmakers heard how costly fees and equipment shortages along the supply chain are hurting exports.

Witnesses gave the Senate Subcommittee on Transportation and Safety a variety of recommendations to improve intermodal infrastructure.

World’s largest ocean freight forwarder continues to grow volume, but impact of liner alliances also take toll on margins.

The Switzerland-based freight forwarder and logistics company reports both increased sales and profit for 2018.

The service will be paired with APL’s Eagle Express X transpacific service.

The ship Kauai will be moving cargo to and from Hawaii while Matsonia undergoes repairs.

Craft Ventures led the funding for the company, which wants to bring “Uber-like” efficiency to the drayage industry by linking freight forwarders with truckers.

A series of company earnings from New Zealand shows that the international maritime trade to and from the Pacific archipelago is largely strong, especially for the bigger ports, but the smaller ports have experienced some downturns in trade.

The Motiv EPIC all-electric chassis will be installed on Ford F-59 glider chassis at a Detroit Custom Chassis plant. Also, Colorado passes bill lowering the commercial truck driving age and the Port of Long Beach sees near-record volumes.

Companies say a nearly two-year-old investigation has been dropped.

If IMO 2020 boosts demand for LNG bunkering, the U.S. isn’t ready to take advantage.

The deal appears to make Lineage the world’s largest operator of temperature controlled warehouses.

The port authority completed the USDA’s Southeast InTransit Cold Treatment Pilot program, showing its ability to handle refrigerated containers of South American fruits.

The AU$92 million acquisition marked the second in February for the Australian company, which has made more than two dozen acquisitions since January 2017.

Ocean carrier reports unaudited full-year results including its acquisition of UASC, but volume gains have yet to add to profit.

Home Deport is among the latest investors in the same day delivery company.

Global logistics player, Toll, has officially launched two new roll-on, roll-off (ro-ro) ships for the carriage of trucks and containers across the Bass Strait between mainland Australia and the island of Tasmania. The first commercial sailing begins in a few days on March 1. FreightWaves reviews the vessels in detail, describes the local wharf upgrades and analyses the Bass Strait trade.

Artery for goods ranging from coal to oil to grain closed in wake of historic rainfalls.

Rising volumes and “reasonable” orders for new ships expected to result in improving balance of supply and demand in the container shipping industry.

Delay in tariffs comes after a week of talks in Washington with Chinese officials; but the threat certainly good for volumes coming into Seattle.

A Boeing 767 cargo plane en route from Miami to Houston Saturday afternoon crashed into Trinity Bay, near the Texas city of Anahuac.

China service, terminals and logistics outweigh ongoing competitive situation in Guam and lower southbound volume in Alaska.

“FAA and TSA workers should not become the bargaining chips over congressional budget battles,” said Brandon Fried, executive director of the Airforwarders Association.

Shippers can gain on-demand, real-time access to carrier documentation.

VC-backed freight forwarder wants to expand geographic coverage and add freight expertise after latest cash infusion.

Read on economy from container data does not indicate slowdown yet in cards for global trade.