FMC reviews 19 OTI license applications
The U.S. Federal Maritime Commission has received 19 ocean transportation intermediary license applications and changes for review.
Stay Up to Date on the Cargo Shipping Industry
The outbreak of the COVID-19 pandemic had a negative impact on shipping industry growth in 2020. With the world in lockdown, demand for non-essential consumer goods (and the means to ship them) decreased. Shipment of manufactured goods also decreased as factories closed in an effort to slow the spread of the virus. On top of that, China — one of the world’s largest exporters — was at the center of the pandemic, leading several countries to stop trade with the nation altogether.
According to the United Nations Conference on Trade and Development (UNCTAD), maritime shipping industry growth will likely slow or remain flat in 2023, driven by inflation and the ongoing war in Ukraine. For the overall 2023–2027 period, UNCTAD predicts growth at an annual average rate of 2.1%, slower than the previous 30-year average of 3.3%.
Check back here for the latest container shipping news, updates and trends. Looking for additional information and insights? Check out our Maritime Industry News archives.
The U.S. Federal Maritime Commission has received 19 ocean transportation intermediary license applications and changes for review.
The U.S. Federal Maritime Commission has received 19 ocean transportation intermediary license applications and changes for review.
The U.S. Federal Maritime Commission has received 19 ocean transportation intermediary license applications and changes for review.
The U.S. Federal Maritime Commission has received 19 license applications and changes for review. The FMC received non-vessel-operating common carrier license applications from Damco A/S, Madiso, N.J. (James Percival, […]
The U.S. Federal Maritime Commission has received 19 license applications and changes for review. The FMC received non-vessel-operating common carrier license applications from Apex Maritime Co., Houston (Vicky Cheung, […]
The U.S. Federal Maritime Commission has received 19 ocean transportation intermediary license applications and changes for review.
FMC reviews 19 OTI license applications
The Port of Portland in Oregon said Saturday a union representing 25 security workers at marine terminals reached a contract settlement, averting a strike that would have shut down […]
The ocean carrier Hapag-Lloyd has now added a new port call at Qingdao, China, and a seventh vessel to its weekly AME service between Asia and Mexico. Roundtrip […]
American Steamship Owners Mutual Protection and Indemnity Association (American Club) said it will increase premiums 10 percent on all classes of premium (mutual and fixed-premium) for both protection and […]
A.P. Moller-Maersk says it plans to maintain its leading position in the shipping business, even as it increases investment in other sectors. In a interview on CNN on […]
The containership ZIM Luanda arrived for the first time to the Port of Ashdod in Israel last week as part of the ZCA service’s new rotation. The Israeli carrier […]
Bremen, Germany-based logistics services provider Kieserling Group will merge with Indian firm Compass Ocean Logistics to form Compass Logistics International AG with 40 branches in 18 countries. The […]
American Airlines Cargo has increased its sales offerings in Central America by appointing FlyUS as its sole general sales and services agent (GSSA). FlyUs, based in San Jose, […]
Danny Wan has been named port attorney for the Port of Oakland, effective Dec. 17. Currently he serves as city attorney and risk manager for Morgan Hill, Calif., […]
James A. Capo, chairman and CEO of USMX, issued a statement saying “ILA leaders view bargaining as a one-way street that leads only in their direction,” while ILA president Harold Daggett […]
Amin Ravan, an Iranian citizen, and his Iran-based company, IC Market Iran (IMI), have been charged Tuesday with conspiracy to defraud the United States, smuggling, and violating the Arms […]
The Tampa Bay port this week discharged more than 52,000 tons of Brazilian-produced corn from the ship King Fraser. The corn is being imported to offset drought-stricken U.S. production shortfalls […]
The harbor employers said Tuesday “the OCU has reversed course and once again called an end to negotiations in a move signaling that further OCU-initiated disruption in the L.A./Long Beach […]
About 150 employees demonstrated at various sites around the port and a half-dozen ships were not worked Tuesday. The port has been negotiating a new contract with SEIU Local 1021, […]
The Portland Oregonian newspaper is reporting that an Oregon state labor official will meet with representatives from the Port of Portland and a longshore local that represents 25 security […]
The holding company of CABKA North America Inc., CABKA GmbH in Germany, and Belgium-based IPS – Innova Packaging Systems NV will merge under the newly formed CABKA Group. […]
Classification society ABS has awarded Stevens Institute of Technology $3 million to create a new civil, mechanical and naval engineering laboratory complex in the Davidson Laboratory. The new […]
Baltimore-based freight forwarder and customs broker Samuel Shapiro & Company has appointed C. Walter Starr as its chief financial officer. Starr joins Shapiro with more than 25 years […]
The International Longshore and Warehouse Union said Monday grain companies operating terminals along Columbia River and Puget Sound have given local workers a final contract offer that “demands deep […]
USTR on Monday hosted the first meeting of the U.S.-Colombia Free Trade Commission (FTC), the body responsible for supervising the implementation of the U.S.-Colombia Trade Promotion Agreement and resolving issues.
The American Association of State Highway and Transportation Officials (AASHTO) has named Frederick G. “Bud” Wright to executive director. Wright succeeds John Horsley, who has served as executive […]
The U.S. Export-Import Bank has authorized a comprehensive guarantee on a $500 million loan to Polskie Linie Lotnicze LOT S.A. (LOT Airlines) for the export of a fleet of […]
The U.S. Export-Import Bank has authorized two transactions aggregating $461 million to underwrite the export of American-made satellites to Hong Kong. The pair of transactions will support about […]
Georgia Gov. Nathan Deal said Monday that as part of his fiscal year 2014 budget proposal, he will seek an additional $50 million in funding for the Savannah Harbor […]
A 24-hour general strike across Argentina has shut down operations at ports and airports, and for rail and trucking operations countrywide. It’s anticipated that all ships will remain […]
Ocean carrier Hanjin Shipping said it will increase Asia-Europe freight rates on Dec. 16 “to cover the losses caused by the falling freight rates and maintain the quality of […]
APL said it plans to hike refrigerated container rates globally by $1,500 on Jan. 7. “Rates are currently at unsustainable levels, and we face the challenge of escalating operational costs, […]
Liner carrier Mediterranean Shipping Co. has introduced a new port call in Melilla, Spain, an enclave located on the north coast of Morocco. The port is served with a feeder from […]
Avianca Airlines, Colombia’s flagship airline, has ordered three Boeing 787 Dreamliners, valued at $620 million. The order brings Avianca’s total 787 order count to 15 Dreamliners, which includes […]
Dallas-based Worldwide Express has appointed Amy Milligan to vice president of marketing and business analytics. She was formerly director of account management and operations at Covalent Media Lab. […]
The Society of International Gas Tanker and Terminal Operators (SIGTTO) has appointed Capt. Andrew Clifton to general manager. Established in 1979, SIGTTO promotes industry best practices and safety […]
Yusen Logistics has installed its largest solar power generation system at its warehouse facility in Port Murray, N.J. The solar system is comprised of 6,246 panels covering a […]
Tensions between dock labor unions and their employers on both the U.S. West and East coasts have heightened as disagreements on contract demands on both sides of the bargaining table continue to […]
The union’s president has broken weeks of silence during contract negotiations to state that employers “want to grab more money away from the ILA and its members by placing a cap on […]
The ocean carriers Maersk Line and CMA CGM have added a new westbound port call at Beirut, Lebanon, and a tenth vessel to a weekly Asia-Mediterranean joint service dubbed AE12 […]
Diana Containerships Inc., a global shipping company specializing in owning and operating containerships, said it had a profit of $1.6 million for the third quarter of 2012, compared to […]
The European Shippers Council (ESC) expressed concern Monday about potential harm to several industries from new limits on the sulfur content of fuel used by ships in the Baltic and […]
The St. Lawrence Seaway reported total cargo shipments in October of 4.4 million metric tons, a 9.8 percent increase over the same month last year. For the period March […]
The U.S. House on Friday approved the 2012 Russia and Moldova Jackson-Vanik Repeal Act legislation, which if approved by the Senate and signed by the president would establish permanent normal […]
The World Trade Organization on Friday adopted both its Panel and Appellate Body reports in a dispute with China over the imposition of duties on U.S exports of grain […]
The U.S. Transportation Department has proposed to allow Delta Air Lines to serve Tokyo’s downtown Haneda Airport from Seattle. Under a U.S.-Japan agreement, U.S. airlines may operate a total […]
By Chris Gillis All indications in the market are that freight transportation costs, both international and domestic, are on the rise for American shippers in 2013. These […]
Aqua Marine (AM) is a corporation on Nevis in the West Indies that supplies bunker fuel. It initiated arbitration against Garanti Finansal Kiralama (GFK), demanding to be paid for […]
The six commissioners of the U.S. International Trade Commission (ITC) on Nov. 7 voted unanimously that domestic producers of photovoltaic solar panels are harmed by similar imports dumped on […]
U.S. chemical and plastic exports should expect boost from shale gas. By Chris Dupin The boom in U.S. natural gas production is expected to help boost exports […]
It’s not unusual to find stories in the financial pages about companies and individuals buying up portfolios of patents — often related to software — just to become “patent […]
GAC Pindar has entered a partnership with freight forwarder TNL International to offer specialized marine leisure logistics services to the growing Australasian market. The new partnership, named TNL […]
The WorldWide Alliance, a network of neutral non-vessel-operating common carriers, has launched WWA 2.0, its second-generation iPad application. The upgraded version features a new design and enhanced navigation. […]
Criminal prosecution of BP and several of employees has implications for the shipping industry, underscoring the importance of adhering to safety and potential criminal liability of individuals if an accident […]
“Over the past two weeks, OSG has continued to fix vessels with our clients. We will use the Chapter 11 process to definitively resolve our financial issues,” said Morten Arntzen, […]
After nearly 11 months on a 10-week rotation, the Danish ocean carrier has added a new port call at Vostochniy, Russia, and an eleventh vessel to its weekly TP7 service […]
After nine months at regular speed, the ocean carrier Maersk Line has once again added another vessel to its weekly CHX service between Asia and the East Coast of India, […]
Jones Act liner carrier Matson, Inc. has appointed Ku’uhaku Park to vice president of government and community relations. He will be located at the company’s headquarters in Honolulu. Park […]
The Port of Redwood City in the San Francisco Bay said it’s started pile driving for the reconstruction of two wharves. “Demolition of the old wharves and adjacent […]
It’s particularly important off the coast of Alaska where the OCS is twice the size of California and “some of the richest resources in the world are there –literally trillions of […]
Third-party logistics services provider Dachser has opened a branch office in Port Elizabeth, which is situated in the Eastern Cape Province of South Africa. This is Dachser’s fourth […]
The U.S. Environmental Protection Agency and the Justice Department on Wednesday said a settlement has been reached with two former importers of highway motorcycles, recreational vehicles, and small spark […]
The Waterways Council, Inc., at its board meeting in Houston Tuesday, unanimously endorsed the American Waterworks Act, which was proposed in late October by Sens. Lamar Alexander, R-Tenn., and […]
“Imposing this tax over the entire flight, the bulk of which may be in another nation’s airspace or over international waters, clearly violates international law and U.S. sovereignty,” said Rep. […]
A study released by the Government Accountability Office on Tuesday says there should be more coordination between the Army Corps of Engineers and U.S. Department of Transportation to improve […]
OIA said the acquisition will expand its footprint in the Ohio region and allow for enhanced opportunities for import and export forwarding services, and warehousing and distribution services for its […]
Atlas World Group, Inc. has hired Matt Van der Linde to serve as vice president and general manager of its AWG Logistics, which will provide customers with a broader […]
Anderson A. Paul Anderson, chief executive officer of the Jacksonville Port Authority, is leaving the agency to become the next port director and CEO of the Port of Tampa. […]
Import cargo volume at the nation’s 12 major retail container ports is expected to total 1.37 million TEUs in November, 5.9 percent more than in same month last year, according […]
Yusen Logistics has started a less-than-container-load (LCL) service from Taiwan to Los Angeles. The direct service sails from Keelung every Tuesday and arrives at Los Angeles 13 days […]
William G. Gotimer Jr., a former co-chief executive officer, general counsel and secretary of Trailer Bridge, has opened a law practice and business consultancy in Rockville Centre, N.Y. Gotimer served […]
The Washington state Port of Bellingham has picked Rob Fix as its new executive director for the port. Fix had served as interim executive director since April, when […]
The U.S. Military Sealift Command’s first Mobile Landing Platform (MLP) ship completed its first float-out at the General Dynamics NASSCO shipyard in San Diego on Tuesday. Designated T-MLP-1, […]
Port Corpus Christi said on Tuesday it finalized the sale of a large portion of the former U.S. Naval Station Ingleside (NSI) to the Oxy Ingleside Energy Center. The […]
Robroy MacInnes, 54, of Fort Myers, Fla., Robert Keszey, 47, of Bushnell, Fla., and Glades Herp Farm Inc., were charged in a two-count indictment in federal court in Philadelphia, […]
Omar Benjamin, who had served as executive director since February 2007, leaves the agency amid an investigation over expense reimbursement, practices and policies by the port’s outside counsel.
The port authority has approved $127 million for two projects related to modernization of the TraPac container terminal. Both projects are part of a $365 million expansion of the terminal.
The private equity firm Riverside Co. has acquired MNX, a provider of expedited transportation and logistics services. The companies said the change “will provide MNX the ability to […]
XRS Corp. (formerly Xata Corp.), a developer of mobile fleet software, appointed Christian Schenk to senior vice president for product strategy and market growth. Previously, Schenk was vice […]
The Port of Houston said Executive Director Len Waterworth has reorganized the agency to “enhance efficiencies, drive higher profitability and ensure greater accountability.” Three deputy executive directors […]
Non-vessel-operating common carrier CaroTrans has started four new less-than-containerload services from China to Chile. The Chinese departure cities include Shanghai, Ningbo, Shenzhen, and Hong Kong, with arrivals in […]
“This is a truly historic moment,” said World Trade Organization Director-General Pascal Lamy on Nov. 8. “After so many twists and turns, these complicated and politically contentious disputes can finally […]
Samskip Multimodal Container Logistics, Visbeen Transport Group and Post-Kogeko Logistics said this week that refrigerated container provider Coolboxx has become a rental company. Coolboxx will exclusively rent 45-foot reefers […]
R. Keith Michel, chairman of the Herbert Engineering Group of Cos., has been appointed president of the Webb Institute. Michel, an alumnus of the school, will succeed Robert C. […]
Of the supply chain executives surveyed by BDP International, 87 percent indicated their companies are considering or have already begun to move production closer to end markets, sourcing and selling […]
Total U.S. steel exports in September 2012 were 1.058 million tons compared to 1.172 million tons in August 2012, a 9.7 percent decrease, and a 12.8 percent decrease compared […]
Hapag-Lloyd had improved results in the third quarter, but the German liner carrier said in the current quarter transport demand is being reduced by the debt crisis in Europe. […]
The Website for the China Daily newspaper is reporting that COSCO and China Cargo Airlines are planning to sell a combined 30.7 percent stake in Shanghai Eastern Logistics Co., but […]
Chattanooga, Tenn.-based trucking company U.S. Xpress Enterprises will significantly expand its U.S./Mexican cross-border services via two deals. First, U.S. Xpress will purchase a 90-percent interest in Xpress Internacional. […]
International Shipholding Corp. said it intends, subject to market conditions, to raise up to $40 million through a stock sale. The company said it would use the proceeds from the […]
As well as exports of general cargo, fish and fresh fruits to the U.K. market, shippers in South Africa benefit from Virgin Atlantic’s connections in London to other export destinations in […]
Roadrunner Transportation Systems said Monday that it has acquired A&A Express, a provider primarily of refrigerated truckload services based in Brandon, S.D. Cudahy, Wis.-based Roadrunner is paying about […]
Entercoms, a Dallas-based provider of aftermarket supply chain services, today announced its expansion in Europe, naming Gavin Murphy vice president and general manager to lead the operation from its […]
Toll Global Forwarding (TGF) has promoted Geoff Partridge to managing director of its South African operation. He was previously operations director, and replaces Vincent Magnus who is retiring […]
The Port of Houston Authority said its commissioners adopted a voluntary early retirement program for employees at a meeting this week. Full-time, salaried port authority employees at least 55 […]
The American Logistics Aid Network (ALAN) continues to work together with Voluntary Organizations Active in Disaster (VOAD) and emergency management agencies to meet critical needs resulting from last week’s […]
The U.S. Commerce Department’s Census Bureau and Bureau of Economic Analysis reported Thursday that exports for September rose 3.1 percent to $187 billion and imports increased 1.5 percent to […]
Two major barge industry organizations, the American Waterways Operators and Waterways Council, Inc., are calling on Congress and the Obama administration to expedite Corps of Engineers rock removal along the […]