Vessel charterer sees benefits from cost management and stronger U.S. dollar.
Danish carrier will no longer transport chemical that has been blamed for ship fires.
Wei Jiafu, former chief executive officer of COSCO, has been named CEO of a Pasadena, California-based company called Apollo Acquisition Corp.
At least 56 dead, including 21 firefighters, reported in the aftermath of Wednesday’s explosion in the northern Chinese port.
The Danish conglomerate has been affected by fallen oil prices and low Asia-Europe freight rates.
Agreement between contractors and construction union means work will continue on the waterway’s new locks.
David Yeager, Hub Group’s CEO, will assume the duties of his brother until a replacement is found.
Earnings grow despite decrease in revenue as company benefits from lower fuel prices.
Evergreen plans to deploy the new ships in the intra-Asia trade, anticipating growth from regional trade pact.
United Arab Shipping Co. agreed to pay $537,000 to the FMC to settle rebate allegations.
The 50,000-deadweight-ton product tankers will be delivered in 2016 and 2017.
Shares in two Chinese liner shipping companies suspended; a merger could create fourth largest container carrier.
The Philadelphia Port Authority hopes to have the marine terminal property under development in 2017.
Worker at APM Terminals at Elizabeth was struck by cargo equipment on Friday.
With waterway’s expansion now 93 percent complete, employees task with building the new locks are demanding wage increase.
APM Terminals’ Suez Canal Container Terminal (SCCT) at the northern end of the waterway will be the largest on the Mediterranean, according to the terminal operator.
GF Group, an Italian importer and distributor of fruits and vegetables and the current owner of Reefer Terminal S.p.A. in Vado Ligure, will remain a customer of the terminal, according […]
New sections and bypasses in the 72-kilometer stretch of the waterway will reduce waiting time and transit times, according to Suez Canal authorities.
International volumes are growing three times faster than domestic intermodal business, according to the Intermodal Association of North America.
Despite incurring additional costs for a settlement with Hawaii over a 2013 molasses spill and the acquisition of Horizon Lines’ Alaska operations, Matson’s core business “delivered strong results,” CEO Matt […]
The ocean carrier selected Keppel Shipyard Ltd to convert its Tacoma-to-Anchorage roll-on/roll-off trailership Midnight Sun to run on dual fuel liquefied natural gas.
Commissioners of the Pacific Northwest ports approved a plan to unify their marine cargo terminal investments, operations, planning and marketing in an attempt to strengthen the Puget Sound gateway and […]
Spot container rates between Asia and Europe last week hit a six-month high, according to data from the Shanghai Shipping Exchange’s Shanghai Containerized Freight Index.
The second quarter financial results of ocean carriers NYK, MOL and “K” Line reflected a weak Asia-Europe market and strong supply pressure.
Shanghai Jiangnan Changxing Shipbuilding will build the China Shipping Container Lines vessels, which are scheduled for delivery in 2018.
Neptune Orient Lines, parent of ocean carrier APL, is “totally focused” on returning the liner business to profitability, NOL CEO Ng Yat Chung said during a call with securities analysts.
The U.S. Department of Transportation’s Maritime Administration is providing $500,000 to Sandia National Lab for the study of a high-speed hydrogen fuel cell vessel as a clean energy alternative.
The containership owner accepted the first in a series of 14,000-TEU vessels being chartered to ocean carrier Yang Ming.
Meanwhile, drayage drivers at Pacific 9 Transportation continue their strike in an attempt to be reclassified as employee drivers.
“We’re reaping the benefits of a strong regional economy and labor uncertainty on the West Coast,” New York and New Jersey Port Director Richard Larrabee said of the results.
Foreign Minister Sameh Shoukry said Monday that Egypt is capable of protecting the new waterway that runs alongside the existing canal.
Meanwhile, maritime consultant Drewry said it believes the sale of G6 Alliance member APL’s parent company Neptune Orient Lines is unlikely at this time, despite the line being a “habitual […]
The intermodal transportation service provider reported net income fell $0.2 million compared to the second quarter of 2014 despite a 1 percent in crease in revenues.
The U.S.-flag Norfolk will give the company additional capabilities to move heavylift cargo.
Harold Daggett was elected for a second term as ILA president, while his son, Dennis Daggett, was elected executive vice president of the East Coast dockworkers’ union.
The agreements between the port, terminal operators and the Environmental Protection Agency is aimed at reducing emissions from idling trucks and terminal equipment.
The Hong Kong-based ocean carrier said the Asia-Europe trade was hit particularly hard during second quarter 2015.
Federal Maritime Commissioner Mario Cordero is pressing terminal operators to justify a recent increase in PierPass fees, which they claim still do not fully pay for night and Saturday operations.
The Federal Maritime Commission found the Northwest Seaport Alliance is not likely to reduce competition or result in an unreasonable increase in cost or reduction in service.
In the meantime, port truck drivers continue to strike the drayage firm Pacific 9 Transportation at the Ports of Los Angeles and Long Beach, claiming independent contractor misclasification.
The South San Francisco Bay port is a big handler of sand and gravel in Silicon Valley’s backyard.
Puget Sound Pilots hires former Port of Seattle Maritime Division head as executive director, and Port of Coos Bay chief executive officer steps down.
The port drivers’ seventh strike at Los Angeles and Long Beach in recent years is targeting Pac 9 Transportation in protest over alleged independent contractor misclassification.
Neptune Orient Line, the parent company of ocean carrier APL, said it remains focused on its core liner business.
Gov. Brown says the new state report should establish “clear targets to improve freight efficiency, transition to zero-emission technologies, and increase competitiveness.”
With tighter ship sulfur emission caps, scrubbers and heavier fuel may become attractive.
L.A. terminal maximizes capacity with on-dock rail, automated stacking, and “auto-strads.”
ILA, USMX agree to begin talks to extend the U.S. East Coast dockworkers’ contract.
Ag shippers suggest ways to improve container flow through the country’s marine terminals.
The Shanghai International Shipping Institute (SISI) has provided an interesting window into China’s ambition to continue growing its international shipping business. China “will remain the largest cargo trader […]
It does not come into effect until July 1, 2016, but the World Shipping Council and other organizations are reminding shippers that mandatory amendments to the International Convention for […]
In a dispute involving cargo damaged during Hurricane Sandy in 2012, a federal judge found the storm was an “Act of God,” absolving the defendant from liability. (Lord & […]
“The ultimate customer of the world’s cargo shipping industry deserves a voice at the table of the regulatory bodies deciding its future,” GSF Chairman Robert Ballantyne said in the forum’s […]
The ESC’s support for the merger stands in sharp contrast to its opposition to a proposed merger proposed between UPS and TNT in 2012.
Hapag-Lloyd has reportedly picked Deutsche Bank, Goldman Sachs and Berenberg to assist it with an initial public offering, fueling speculation the German ocean carrier is accelerating its plan for a […]
Singapore investment company Temasek is seeking buyers for Neptune Orient Lines, parent of ocean carrier APL, according to reports from the Wall Street Journal.
The Port of Oakland attributed the decline in volumes primarily to reduced exports, as import volumes grew for the fourth consecutive month.
The U.S. Maritime Administration, Foreign Agricultural Service and U.S. Agency for International Development have all been asked to produce documents and information relating to negotiations to change the Maritime Security […]
The cost of picking up containers during the day will rise in the Ports of Los Angeles and Long Beach, according to the West Coast Marine Terminal Operator Agreement.
Federal Maritime Commissioner Richard Lidinsky noted shippers diverted cargo to Canadian and Mexican ports to avoid port congestion on the United States West Coast.
Import cargo volumes at the nation’s major retail container ports are expected to increase 7.3 percent in July, according to the monthly Global Port Tracker report from the National Retail […]
The Port of New York and New Jersey attributed the increase in throughput primarily to the rerouting of West Coast cargo and an improving economy.
The ocean carrier said these versatile ships will be able to operate in a variety of trades.
The plot may have been an inside job, as one of the 13 people arrested reportedly worked for the Suez Canal Authority.
Ocean carriers Hapag-Lloyd and Maersk announced plans for rate increases on August 1.
A spokesperson for the Port of Oakland said it will hire 500 additional workers to address a shortage in time for peak season in the fall.
International Longshoremen’s Association and employers represented by the United States Maritime Alliance will begin full wage scale meetings in mid‐September.
Australian logistics and stevedoring firm Asciano, parent of Patrick Stevedoring, has confirmed it received a purchase offer of $6.8 billion from Brookfield.
Mary Thien Hoang has served as chief of staff for Federal Maritime Commission Chairman Mario Cordero since April of 2013 and will remain in that position.
The International Chamber of Shipping complained protectionist policies could limit access to U.S. oil and gas exports.
The agreements will help finance the purchase of containers and ships, and the development of maritime infrastructure between Europe and China.
Lim, a native of South Korea, is currently the president of the Port of Busan, but has spent years working at the United Nations agency.
The ocean carrier has ordered additional containers, chassis and gensets for use in its services on trade lanes between the U.S. mainland, Puerto Rico, the Caribbean and Central America.
Transportation and port companies need to cooperate more, members of the Agriculture Transportation Coalition said at their annual meeting in San Francisco.
Ocean carrier and terminal operator members of the PPOIA agreement could be asked to provide additional information as the Federal Maritime Commission continues to diagnose the root causes of West […]
An official from the U.S. Agency for International Development said discussions about the Maritime Security Program are ongoing.
Nevertheless, ocean carriers have announced general rate increase for July 1.
The Federal Maritime Commission will likely meet with European and Chinese shipping regulators on a yearly basis, following recent talks in Brussels.
American Association of Port Authorities says it supports the intent of the port “sunshine” bill, but thinks its approach to collecting information may be misguided.
Port of Oakland is testing sensors that measure wait-times for harbor truckers at marine terminal gates in an effort to increase efficiency.
Maersk Line and Sealand will continue service through common user facilities at the Port of Houston.
The new legislation is supported by Port of Portland, Oregon container terminal operator International Container Terminal Services Inc.
Ocean carriers are looking to reverse the negative trend with general rate increases and capacity adjustments.
A new report from the European Shippers Council outlines the potential positive and negative effects of large-scale ocean carrier cooperation and alliances.
Climate-change campaigners turn up heat in debate over ship operations.
In late May, several hundred school children got to be part of the maiden voyage for a new program being offered by the Port of Oakland—free port tours. […]
The Rice Corp. filed a lawsuit in the U.S. District Court, Southern District of New York (SDNY) seeking to enforce an arbitration award it obtained against Express Sea Transport […]
Reduced fuel costs benefit container carriers, but they face a parade of new, larger ships.
Environmentalists are continuing to press the shipping industry to reduce carbon dioxide emissions, and Jose Maria Figueres, chairman of the group Carbon War Room, said “modern wind systems are […]
Not included in our annual Who’s Making Money report this month is Matson—but it is not for lack of making money. Our report is limited to 16 of […]
With 18 ships already in its fleet, the Athens-based shipping company plans to use the proceeds from an initial public offering to help acquire four more ships.
Crowley Maritime will offer an additional monthly sailing between Pennsauken, N.J., and San Juan, Puerto Rico this summer.
Discussions in Brussels focused on the global trend towards increased ocean carrier cooperation and regulatory and policy issues related to ports.
Mazda Logistics and Yusen (Asia) Co., Ltd. will provide automotive spare parts to 100 countries on behalf of Mazda Motor Corp. in Thailand.
Service will be Maersk’s first to call at Jacksonville.
Study from Boston Consulting Group and C.H. Robinson said the cargo most in play will be destined for the “battleground region” in the Midwest.
Industry analyst Alphaliner suggests container carriers need to trim four services to balance supply and demand in the trade lane between Asia and Europe.
Port of Long Beach said it will revise its request for bids to provide and operate the important drayage equipment.
Ocean carrier will offer two departures from Los Angeles and one from Oakland to Honolulu.
ARC said the additional ship will help the company maintain service frequency after a recent fire on board its vessel Courage.