Potential upside for shipping from trade war explored
Drewry says while the U.S.-China trade war is bad news for the transpacific container trade, it could result in more transport of intermediate goods.
Drewry says while the U.S.-China trade war is bad news for the transpacific container trade, it could result in more transport of intermediate goods.
Yang Ming said the new service is to cope with the “relocation and adjustment of cargo flow and supply chains” amid “rising global trade tensions.”
The International Maritime Organization said piracy incident warnings from a Regional Maritime Information Sharing Centre email account in Yemen aren’t legitimate.
Port authority chair is re-elected, COO is hired and promotions are announced.
Five Chinese firms added to the Commerce Department’s Entity List operate under myriad aliases, challenging U.S. export compliance managers.
Evergreen, Hapag-Lloyd, Yang Ming and COSCO all are said to be weighing new ship orders.
Chris Connor will succeed Kurt Nagle, the American Association of Port Authorities’ president and CEO since 1995.
The temperature-sensitive containers will be used to transport vaccines and other high-value biopharmaceutical shipments.
The commission voted 3-2 Thursday to deny an ILWU appeal of a permit that allows APM Terminals to test automated terminal equipment at Pier 400.
Six crew members have been arrested on federal charges and face possible life sentences after about 17.5 tons of cocaine were found on the ship in Philadelphia.
State-to-state dispute settlement issue potentially could be solved through an exchange of letters, says executive of Mexican business association.
All current members will step aside as part of the acquisition agreement.
The Harbor Maintenance Tax is a disincentive for short sea shipping because it is imposed at both the port of entry and secondary port, a House subcommittee was told.
Among other honorees are ONE’s Jeremy Nixon, APL, Crowley, LoadDelivered, PSA Singapore, AFLAS and World Post & Parcel winners and Pinnacle recipients.
Responding to Hong Kong’s proposed extradition legislation, Congress aims to shut down the territory’s transshipment channels to China and other sanctioned countries.
Portline Bulk International in federal court Thursday agreed to pay a $1.5 million criminal fine for willfully dumping oily bilge into the ocean and falsifying its ship’s oil records.
The port agency for Seattle and Tacoma is encouraging terminals to use extended hours, “peel-off” piles and street turns to ease congestion.
When the doors of the container were opened, the system recognized it was not at the correct location.
One lease extends the auto processor’s current lease at Blount Island Terminal, while the other provides 22.4 new acres of property at the Dames Point Marine Terminal.
Bonnie Reemsnyder and David Kooris are elected and Christopher Favreau and Kevin Boyer are hired.
An end to alliances also could result in fewer services calling only a limited number of ports.
Clothing retailer H&M, the first user of the product, wants to use its “size to be a force for good and enable scaling innovative solutions.”
The Senate Commerce Committee pressed witnesses on a variety of issues Wednesday during a hearing about surface transportation reauthorization.
“We should work collaboratively for … passage of a trade agreement that creates jobs, protects workers and consumers,” said Rep. Mike Thompson of California.
President Trump wants the federal government to weed out hundreds of no longer needed or inactive advisory committees from its roster.
Passage of USMCA in the United States must happen this year or wait for implementation in 2021.
The U.S. trade representative appeared before the Senate Finance Committee Tuesday on the first day of congressional hearings on the Trump administration’s trade agenda.
All crew members have been reported safe and were rescued by a passing bulk carrier.
The industry is at “a new crossroads,” according to the co-author of a state of logistics report titled “Cresting the Hill.”
Sailors’ Society also appoints a new director general and International Maritime Rescue Federation trustees are elected.
“The time to act is now,” reads a letter sent to the president and congressional leaders by the U.S. Chamber of Commerce and more than 40 business and labor groups.
U.S. Chamber of Commerce officials on Monday said several factors indicate that the effort to secure U.S. approval of the pact recently has gained momentum.
After the investigation, FMCSA voided 223 active medical examiner certificates held by commercial drivers.
A shipyard in Port Arthur, Texas, received the most funding among the 28 shipyards with $1.36 million.
With expanded offerings, New York Shipping Exchange users now will be able to request binding contracts for multiple weeks at multiple ports.
The 23rd commandant of the Coast Guard said multilateral agreements and regional constructs have brought stability to other areas that have suffered from criminal activity.
Funding means “cross-border commerce critical to our economy is not impeded,” trade groups, chambers of commerce and companies said in a letter.
With a strong start to the year, the port says it is poised to overtake the Port of Long Beach as the nation’s second-largest container port.
The inclusion of ship-to-shore gantry cranes in the fourth tranche of Chinese tariffs would increase the costs by millions, AAPA President and CEO Nagle said.
Chinese telecom giant’s CEO Ren Zhengfei expects his company to lose $30 billion in revenue in 2019, mostly due to Commerce’s Entity List and the U.S.-China trade war.
One places restrictions on large ships; another changes composition of pilot board for Houston ship channel.
The Office of Foreign Assets Control is authorized by law to periodically adjust its civil penalty amounts for violations of various foreign financial transaction controls.
A study projects the state’s seaports to increase cargo tonnage by more than 32 million tons in the next five years to 142.4 million tons in fiscal year 2022-23.
Edgardo Antuñano is leading a team in Texas and Brian McGonagle is promoted in Florida.
The U.K. reportedly will send 100 Royal Marines and the U.S. will “guarantee freedom of navigation throughout the strait,” Secretary of State Mike Pompeo said.
The public is invited to weigh in during a July 24 public hearing or in writing by July 15.
The agency anticipates submitting the report to the Office of the U.S. Trade Representative by March 31.
Tricon and owner Haoyang Yu were charged in a federal court in Boston on Friday with illegally exporting integrated circuits that contained stolen trade circuits from a U.S. firm.
A 200,000-square-foot facility in China will have a sorting capacity of 500,000 parcels per day.
Witnesses offered the House Highway and Transit differing views on a wide array of trucking priorities as Congress faces reauthorization of surface transportation legislation.
AOTOS award winners are announced; earning honors are C.R. England’s vets, Easy, environmental champions, NYK, outstanding young professional and state DOTs.
U.S. officials say video shows an unexploded limpet mine being removed from the Kokuka Courageous, but the president of the ship’s operator said the crew reported the vessel was hit […]
Tennessee court orders the technology company to pay a $500,000 fine for devices shipped in interstate commerce in 2014.
Despite trade war, exports and imports were up year-over-year in May.
Slow growth in intra-Asia volumes seen as a harbinger for long-distance container trades in peak season.
The letter, organized by Tariffs Hurt the Heartland, said additional tariffs would result in the loss of 2 million American jobs and reduce the value of the GDP by 1%.
The National Economic Council director said at an event in Washington Thursday that the ongoing bilateral tit for tat will have minimal economic impacts on U.S. consumers.
New chairman and vice chairman will lead The International Air Cargo Association and global corporate insurance carrier will make management changes.
More than 48% of freight traveling to or from the German port is carried by railcar.
Achim Martinka is named vice president for Germany and Dan Byrne is promoted to chief revenue officer.
The multistep requirements for initial applications and renewals have been simplified by the Ministry of Transport.
The Norwegian-owned Front Altair was “suspected of being hit by a torpedo” and the Japanese-owned Kukako Courageous was struck “with some sort of shell.”
The company said the refrigeration units are part of its commitment to environmental sustainability.
The Office of the U.S. Trade Representative grants a second round of exclusions from Section 201 global safeguard duties on solar cells covering three products.
Frontier Logistics’ 550,000-square-foot facility will support the handling of plastic and resin exports from the Port of Charleston.
Two people were arrested by federal authorities after more than $1 billion worth of cocaine was found Monday in containers aboard the MSC Gayane.
Exporters at the annual meeting of the Agriculture Transportation Coalition lament lack of visibility and carrier accountability and the disappearance of telephones.
The Port Infrastructure Development Program makes $200 million available for all coastal seaports and an additional $92.7 million for the top 15.
The blast occurred Tuesday in the engine room of the M/V VF Tanker-16 and caused three other crew members to go to the hospital, Volga Shipping Company said.
Scale and critical mass matter to transshipment hubs, but location and inland connectivity are more important to gateway terminals, said Drewry’s Neil Davidson.
A new report says additive manufacturing may negatively affect transportation industry’s revenues.
The ship left Malaysia’s Port of Tanjung Pelepas on June 1 with 19,284 TEUs onboard, surpassing the total of 19,190 TEUs loaded on the MOL Tribute in February.
The committee’s favorable reporting of the nominees clears the way for the full Senate to consider confirmation of Amy Karpel and Randolph Stayin.
Shipping line’s announcement says the chief financial officer since 2015 will “take over new projects in Chile.”
A House Agriculture Committee panel heard testimony from Trump administration ag officials during a hearing that widely touched on the U.S.-Mexico-Canada Agreement.
The 8,469-TEU CMA CGM Dalila arrived Wednesday as part of the carrier’s Pacific Express 3 service.
The agreement — also signed by Russian Direct Investment Fund, Rosatom and Norilsk Nickel — outlines a study of the commercial options for the use of the NSR.
Fiscal year-to-date TEU volume at the two container terminals is up 9.7%.
Maersk is building a cold storage facility for bananas as well as refrigerated and frozen products in St. Petersburg.
Financial burdens from the IMO’s 2020 sulfur cap, a projected slowdown in trade growth and the looming threat of overcapacity could bump out some carriers.
The exact cause is still unknown, but initial reports found the schooner turned in front of the Astrosprinter in the Elbe River, according to a German radio station.
Aymeric Chandovoine is promoted, Criss Edwards is hired and Justin Renfro assumes company leadership.
“Authorized filers will be able to file electronically in ACE and will no longer have to submit paper nor mail in checks to pay duties for these filings,” CBP said.
The Global Ports Tracker forecasts higher import totals between June and September for the U.S. ports it covers, but the projections are lower than forecasts from May.
“The ongoing political volatility” spurs the Mediterranean Shipping Company to apply a premium surcharge of $150 for 20-foot containers and $300 for 40-foot containers.
The fires set on the MSC Canberra off Haifa reportedly were not the work of a terrorist.
Higher cost of Chinese goods could result in lower transpacific volumes and need for more direct calls at ports near new suppliers.
The 14,000-TEU containership employs technology that facilitates flexibility in operations and boots fuel efficiency.
The two companies signed an agreement at the 2019 St. Petersburg International Economic Forum.
The agency is “interested in data sources, methodologies and potential technologies” that could give insight into loading and unloading delays.
President Trump agreed to indefinitely suspend threatened tariffs against Mexico after a deal aimed at stemming the flow of illegal migration to the United States was reached.
The first installation of the Airseas-developed SeaWing on a bulk carrier in an effort to reduce emissions is scheduled for late 2021.
An assessment conducted by the nonprofit Business for Social Responsibility compared containers transported per kilometer in 2018 to 2009.
The St. Lawrence Seaway Development Corporation invested $23 million to install the technology in the U.S. Snell and Eisenhower locks.
Honors also go to Air France KLM Martinair Cargo, Amsterdam Airport, Brim Explorer, CHAMP, Dropslab, NYK, Schneider, Sovcomflot, UltraShip and Werner drivers.
The SAFE Bridges Act would authorize $2.75 billion to establish a formula grant program that would allocate funding to states.
The open standard, scheduled to be published in October, will start with refrigerated containers before expanding to cover all types.
The port’s 2019 volumes are up, but China accounts for 38% of its trade.
The 48-member bipartisan group’s “Rebuilding Infrastructure Report” called for modernizing user fees and incentivizing public-private partnerships.
Both container and bulk terminals have a large number of projects planned.