In 2004 the hull of the tanker Athos I was punctured by an abandoned ship anchor as it approached an asphalt refinery terminal in Paulsboro, N.J., on the Delaware […]
Representatives from the U.S. Embassy in Beijing met with the director general of China’s Inspection and Quarantine Ministry to gain more information about how shippers can comply with China’s requirement […]
Representatives from the U.S. Embassy in Beijing met with the director general of China’s Inspection and Quarantine Ministry to gain more information about how shippers can comply with China’s requirement […]
Southern California’s so called “Blue Cut Fire” has disrupted BNSF and Union Pacific rail traffic, including intermodal traffic moving to and from the ports of Los Angeles and Long Beach, […]
The liner carrier commenced a new service operating with two vessels between Jacksonville and Port Everglades in Florida, Costa Rica and Jamaica.
Southern California’s so called “Blue Cut Fire” has disrupted BNSF and Union Pacific rail traffic, including intermodal traffic moving to and from the ports of Los Angeles and Long Beach, […]
DCLI, Flexi-Van and TRAC asked the Federal Maritime Commission to prevent imposition of a chassis fee by terminal operators at the ports of Los Angeles and Long Beach.
The London-based shipping research and consulting firm said carriers can’t cut costs fast enough in an industry where revenues may be $50 billion below what they were in 2014.
The vessel caught fire off the coast of San Juan this morning, and at around 11 a.m. Eastern Daylight Time, USCG Lieutenant Commander Ryan Kelley told American Shipper that all […]
The French ocean carrier, which earlier this year acquired a majority of NOL, the parent company of ocean carrier APL, will consolidate the existing transpacific businesses of its ANL and […]
The Dubai-based terminal operator said it will explore moving containerized freight with Hyperloop One, which is one of several companies that wants to build a system for moving freight or […]
South Korea’s largest container shipping company’s transported volumes ticked up 1 percent year-over-year in the quarter to 1.17 million TEUs, container revenues tumbled 26.6 percent year-over-year to 1.35 trillion won.
The Southern California port attributed its 7.7 percent year-over-year drop in container volumes in July to high inventory levels and a slow start to the peak season.
Non-asset based logistics company KFS, Inc., which has been in business for over twenty-five years, has been acquired by Business Intelligence Group.
Meanwhile, the A.P. Møller – Maersk conglomerate, which includes both Maersk Line and APM Terminals, reported second quarter profits of $118 million, 89 percent below the $1.09 billion in the […]
Delegates from the International Longshore and Warehouse Union voted Thursday to have the union enter into discussions with representatives of the Pacific Maritime Association to discuss a contract extension.
Meanwhile, the A.P. Møller – Maersk conglomerate, which includes both Maersk Line and APM Terminals, reported second quarter profits of $118 million, 89 percent below the $1.09 billion in the […]
Delegates from the International Longshore and Warehouse Union voted Thursday to have the union enter into discussions with representatives of the Pacific Maritime Association to discuss a contract extension.
Chinese authorities have said that containers from certain countries shall be subject to effective anti-mosquito treatment in order to prevent the virus from spreading, which has left many shippers concerned.
Chinese authorities have said that containers from certain countries shall be subject to effective anti-mosquito treatment in order to prevent the virus from spreading, which has left many shippers concerned.
The voyage data recorder from the El Faro, the cargo ship that sank during Hurricane Joaquin on Oct. 1, 2015, has officially been retrieved.
The German ocean carrier said the 20 percent year-over-year drop in revenues to $2.1 billion for the quarter reflected subdued economic growth in many parts of the world, tough competition […]
The voyage data recorder from the El Faro, the cargo ship that sank during Hurricane Joaquin on Oct. 1, 2015, has officially been retrieved.
Trade organizations representing shippers and transportation organizations on Monday sent a letter to ILWU President Robert McEllrath and PMA Chairman and CEO James McKenna, requesting discussions begin on either a […]
Turkish port operator Yilport Holding secured a 50-year concession to develop Puerto Bolívar Port and committed to invest $750 million in the Ecuadorian port.
The nation’s largest brick and mortar retailer said the deal positions it for expanded e-commerce growth.
Korea’s Financial Supervisory Service said Sunday it is pushing 32 companies to restructure debts through voluntary workouts or court receivership programs.
The Californian port said empty container volumes rose in July as shipping lines repositioned boxes to prepare for an anticipated uptick in peak-season cargo.
A one-time newspaper reporter, Helen Delich Bentley, was a strong advocate for the maritime industry, particularly the Port of Baltimore.
C.C. Tung, chairman of OOIL, said the industry faced difficult market conditions in the first half of 2016, and the second half of the year will be difficult if deployed […]
The alliance, which was formed one year ago between the ports of Seattle and Tacoma, is 90 percent complete with the design for Terminal 5 in Seattle, another terminal that […]
The largest containership to have ever called the Port of Philadelphia was the 8,800-TEU MSC Sophia Celeste on Wednesday.
However, chassis lessors oppose the West Coast Marine Terminal Operator Agreement members’ plan to implement a $5 fee on chassis that move in and out of container terminals at the […]
BNSF and Union Pacific have filed a lawsuit challenging a California law that would create a Regional Railroad Accident Preparedness and Immediate Response Force funded by fees collected by the […]
Meanwhile, the Korea Herald said HMM is looking for a new CEO with possible candidates including former HMM CEO Noh Jeong-ik and former APL CEO Ron Widdows, while Widdows informed […]
The London-based shipping consultant said the focus of the industry is shifting away from greenfield projects to mergers and acquisitions.
However, the $113.9 million deal is still subject to approval by the Baltic Exchange shareholders.
The industrial minerals producer will acquire Sandbox, which provides innovative logistics solutions and technology for the transportation of proppant, the sand used for hydraulic fracturing in the oil and gas […]
The Fort Worth, Texas-based railway and the Port of Los Angeles are appealing a judgment that halted plans by the railroad to build the Southern California Intermodal Gateway.
The port said the improvements are needed in order for it to handle the current and future generations of ultra-large containerships.
Looking ahead, the Honolulu-based liner carrier said it expects the $197.6 million acquisition of Span Alaska to close early this month.
The West Coast Marine Terminal Operators Agreement postponed the implementation date of the $5 chassis fee imposed by container terminals at the ports of Los Angeles and Long Beach from […]
TOTE Maritime Puerto Rico formed a partnership with INTERSHIP to establish a terminal operating company called Puerto Rico Terminals, which will combine $38 million worth of existing assets at the […]
The shipping advocacy group adopted the goal of ending container shipping charges, which it said can sometimes exceed the contracted price for shipments making the management of total shipping costs […]
The Port of New York and New Jersey, which experienced the second busiest June ever for box volumes, was called by a 10,077-TEU containership at the GCT Bayonne Terminal.
Ocean carriers MOL, NYK and “K” Line all reported losses in their container segments and lower revenues year-over-year for the first fiscal quarter, which ended June 30.
The Panama Canal Authority said it is confident in the process it uses to move ships through the new locks at the canal, following an accident last week that damaged […]
Gregory Zikos, chief financial officer of Athens-based containership leasing company Costamare, said the company continued to deliver solid and profitable results despite a challenging market environment.
The containership lessor’s board of directors decided to suspend the quarterly cash dividend on its common shares, as a result of the current containership charter market.
Association of American Railroads President and CEO Edward R. Hamberger expressed how the rail industry’s position, which remains unchanged, claims forced access is an ill-conceived approach that compromises the efficiency […]
Association of American Railroads President and CEO Edward R. Hamberger expressed how the rail industry’s position, which remains unchanged, claims forced access is an ill-conceived approach that compromises the efficiency […]
A recent court decision is a reminder that the $500 package limit under the Carriage of Goods at Sea Act (COGSA) does not automatically apply in the event that […]
Operators of breakbulk or multipurpose ships are being squeezed as operators of container and dry-bulk ships—both shipping sectors that are facing hard times—have targeted their market. A recent […]
Attendees will gain insights into the longest supply chains—those that reach into outer space.
Gerry Wang, chief executive officer of Seaspan, expressed how he believes the industry will gradually improve if scrapping remains high and new ship orders remain low.
The independent containership owner and manager reported profits of $36.4 million on revenues of $224.3 million for the second quarter of 2016.
A ship carrying liquefied natural gas (LNG) from the United States became the first LNG carrier to pass through the enlarged Panama Canal on Monday.
The Baltic Exchange, which publishes indexes for the dry bulk shipping and tanker industries, sent an agreement to its 48 shipbroking panelists asking them to sign the agreement, which would […]
The Hong Kong-based container carrier transported 1.5 million TEUs in the second quarter of 2016 on revenues of $1.1 billion.
South Korean ocean carrier Hanjin is required to submit a plan for raising 1.1 trillion won to Korea Development Bank by the end of the month.
The newly merged shipping conglomerate formed from the former companies COSCO and China Shipping has agreed to stop carrying shark fins on their ships, which are used as an ingredient […]
Meanwhile, just this Friday, the Shanghai Shipping Exchange said its Shanghai Containerized Freight Index declined 6.2 percent from last Friday’s reading of 670.29 to a reading of 628.59.
William E. (Bill) Woodhour became president of Maersk Line, Ltd. (MLL) July 1 and will eventually become chief executive officer of the company, taking over from Russ Bruner, who has […]
The 2M Alliance carriers’ TP12/Empire will become an eastbound around-the-world service in September, instead of using the Suez Canal in both directions.
The Philadelphia Regional Port Authority’s board of directors has named Jeff Theobald as its new chief executive officer, replacing James T. McDermott, Jr.
The South Carolina Ports Authority’s terminals handled 1.9 million TEUs of containerized cargo during its 2016 fiscal year, which ended June 30, a 1.4 percent year-over-year increase.
The expanded Panama Canal locks, which just opened June 26 to handle vessels up to 14,000 TEUs, are expected to reshape U.S. East Coast port operations.
The Philadelphia Regional Port Authority’s board of directors has named Jeff Theobald as its new chief executive officer, replacing James T. McDermott, Jr.
The vessel sharing alliance, which expects to launch in April 2017, is contemplating initially deploying up to 175 container vessels in U.S. trades, according to a Federal Maritime Commission filing.
The Jacksonville, Fla.-based railway will construct a $270 million intermodal rail hub in Rocky Mount, N.C. in addition to launching a new intermodal rail service within the state between the […]
The measure is aimed at preventing coal from being handled at a bulk terminal planned at the former Oakland Army Base.
The Jacksonville, Fla.-based railway will construct a $270 million intermodal rail hub in Rocky Mount, N.C. in addition to launching a new intermodal rail service within the state between the […]
Following the attempted coup d’etat over the weekend, Turkey has experienced limited shipping and operational disruptions throughout the nation.
Former Congressman Daniel B. Maffei was sworn-in on Monday, July 18 as a commissioner of the Federal Maritime Commission, taking the seat of Commissioner Richard A. Lidinsky Jr. who retired […]
The Honolulu-based shipping company has entered into an agreement to acquire Span Alaska, which has doubled in size during the past year through the acquisition of Pacific Alaska Freightways.
The Massachusetts Port Authority revealed that shipping lines continue to indicate their intention to deploy 10,000-12,000 TEU containerships to the port, which just received its largest containership ever this past […]
Rolf Habben Jansen, the chief executive officer of ocean carrier Hapag-Lloyd, said he believes consolidation in the shipping industry resulting from deals such as Monday’s merger agreement between Hapag-Lloyd and […]
About 450,000 TEUs of capacity is expected to be scrapped in 2016, which would be double the amount scrapped in 2015, according to the London-based shipping consultant Drewry.
Former Macy’s distribution center manager Rudy Rampertab pleaded guilty in the U.S. District Court in Cincinnati to one count each of mail fraud and money laundering.
Boeing’s subsidiary Aviall, which provides aftermarket supply-chain management services to the aerospace and defense industries entered into a collaboration agreement with Michelin.
Federal Maritime Commissioner Richard A. Lidinsky Jr. said that ports in the United States must continue to expand and improve to handle rising container volumes in order to stay competitive […]
Ports in the United States will benefit from the federal government’s effort to improve freight mobility with the so-called FASTLANE program, according to the credit rating agency Moody’s Investor Service.
The Southern California port saw cargo volumes rise 5.9 percent year-over-year for the first six months of 2016.
Wallenius Wilhelmsen Logistics has agreed to plead guilty and pay a $98.9 million criminal fine for its involvement in a conspiracy to fix prices on international ocean shipments of roll-on/roll-off […]
The Israeli ocean carrier will implement software provider INTTRA’s eVGM service, which will help shippers comply with the new verified gross mass rule that took effect July 1.
The Southern California port attributed the 3.4 percent year-over-year increase in container volumes in June to rising imports, which jumped 5.5 percent year-over-year.
Two dozen neopanamax vessels have transited the expanded Panama Canal since it opened June 26.
The Seattle-based terminal operator’s new Tuxpan Marine Terminal in eastern Mexico received its first customer last Monday with the arrival of the 4,178-TEU Hammonia Venetia.
Meanwhile, longshoremen at the Floridian port on Tuesday will begin offloading cargo from the MOL Majesty, a 6,724-TEU vessel that transited the Panama Canal’s new locks last week.
The French ocean carrier’s transatlantic service will use the SSA Marine Terminal at the Port of Tuxpan, which is well positioned for cargo moving to and from Mexico City.
With spot rates at historic lows, carriers “can ill-afford to flood the market with excess capacity,” the London-based maritime consulting firm said in the latest issue of Container Insight Weekly.
Terminal operators at the Ports of Los Angeles and Long Beach announced an increase to the Traffic Mitigation Fee, which is collected on cargo moving through terminals during peak hours.
Terminal operators at the Ports of Los Angeles and Long Beach announced an increase to the Traffic Mitigation Fee, which is collected on cargo moving through terminals during peak hours.
The Northern California port’s new near-dock rail facility received its first train, which transported animal feed from the Midwestern United States for export to customers in the Far East.
The terminal operator has joined a group of Nova Scotia business leaders and investment company Cyrus Capital Partners L.P. in plans to build 315-acre marine container terminal on the Strait […]
The European Commission said new rules will take effect this December, which are aimed at increasing price transparency in container shipping.
Ocean procurement software provider Xeneta reported freight rates may further decline as carriers seek to fill larger ships that are now capable of transiting the expanded Panama Canal.
The French ocean carrier began operating the Kingston Container Terminal last Friday under a concession it won last year.
Claudio Bozzo, chief operating officer of liner carrier Mediterranean Shipping Company, joins the World Shipping Council board.
The rating agency acted negatively to the idea that the A.P. Moller – Maersk conglomerate could potentially choose to divide into separate companies, noting the split could hurt the group’s […]