Drewry said the P3 carriers are projected to maintain or improve headhaul vessel speeds, and the firm expects competitors “to follow P3’s speed improvement on headhaul routes in 2Q […]

   The Port of Jacksonville and long-time tenant Trailer Bridge, Inc., have signed a new 10-year lease contract, which includes two additional five-year options. The agreement continues the company’s operations […]

   The Shanghai Container Freight Index spiked upward on Friday, reflecting general rate increases being implemented by many carriers. Container spot rates increased for the sixth time in the past […]

   Rickmers Holding GmbH & Cie. KG, parent of the Rickmers Group of shipping companies, has increased a corporate bond placed in June 2013 by 50 million euros ($67 million) […]

   The Port of Long Beach is ready to meet California’s mandate for at least half of all container ships to run on shore-side electricity at berth beginning Jan. 1, […]

   Hutchison Port Holdings (HPH) said it had profit of 966.3 million Hong Kong Dollars ($124.6 million) in the third quarter ending September 30, about 2 percent less than the […]

   “The timing of these increases is important, as prevailing spot market rates have a very strong influence on contract rates, for which negotiations are presently getting underway for 2014 […]

   Evergreen said Sun Right, a 4,229-TEU chartered containership in its fleet, has sustained mechanical problems off the coast of California while on an eastbound voyage (Voyage No. 0607-119E) in […]

   The Japanese classification society Nippon Kaiji Kyokai (Class NK) is proposing safety measures following its own investigation of the MOL Comfort casualty this summer and the deliberations of a […]

   Japan’s three large shipping companies — NYK, MOL and “K” Line — all reported better results for the periods ending September 30, when compared to the prior year, largely […]

   The U.K. P&I Club said a recent incident in which containers of crab shell meal caught fire due to self-combustion has highlighted safety issues with the substance, which is […]

   China Shipping Container Lines Co. Ltd. said it had a net loss of 404 million yuan renminbi (RMB) in the third quarter ending September 30 compared to a net […]

Bogatch-Genossar    The New York/New Jersey Foreign Freight Forwarders and Brokers Association has named Lea Bogatch-Genossar, ZIM’s Americas, Canada and Caribbean Area President, their Person of the Year.    She […]

   By sharing vessel space, the carriers said they will increase total capacity in the trade by using two 2,500-TEU-capacity vessels, resulting in a more efficient operation and reduced carbon […]

   FESCO Integrated Transport North America has launched a new regular container service from North America to St. Petersburg, Russia, from the ports of New York, Norfolk and Charleston with […]

   China Cosco Holding Co. Ltd. said it had a net loss of 737 million yuan renminbi (RMB) ($121 million) in the third quarter, compared to a 1.1 billion RMB […]

   NOL Group, the Singapore-based parent of the container liner company APL, on Wednesday reported a net profit of $20 million for the third quarter of 2013, down from $50 […]

   Hanjin Shipping said Wednesday that it is receiving a loan of 150 billion Korean Won ($141.6 million) from Korean Air, a major shareholder of Hanjin Shipping Holdings.    In […]

   AGL Resources said its Tropical Shipping operation had earnings before interest and taxes (EBIT) of $2 million in the third quarter compared to a loss of $1 million in […]

   The agreement would give the three carriers the ability to discuss and agree on the size, number and operational characteristics of vessels to be operated on transatlantic and transpacific […]

   “I believe management has good intent; I believe the ILA has good intent. But the big umpire in the room is the Waterfront Commission,” said Dennis Daggett.

   The National Shipping Co. of Saudi Arabia, Bahri, said it had net profit of 146.1 million riyal ($39 million) in the third quarter compared with 60.2 million riyal in […]

   INTTRA said that it will roll out a cloud-based product early next year that will allow shippers — even and small- and medium-sized businesses — to get better visibility […]

   The Waterfront Commission of New York Harbor will hold November hearings on the New York Shipping Association and International Longshoremen’s Association’s request to add longshoremen, and checkers and clerks […]

   The Marine Engineer’s Beneficial Association said Jesse M. Calhoon, its longest-serving president “who is widely credited with ushering the union into the modern era,” died October 22.

   OOCL lifted 1,349,205 TEU in the third quarter, 0.9-percent less volume than in the same period last year, according to a filing by its parent company, OOIL, with the […]

   Officials at the Maasvlakte II terminal have negotiated a three-year collective labor agreement with two Dutch unions, FNV and CNV. The new terminal has been in the testing phase […]

   The House of Representatives on Wednesday voted overwhelmingly, 417-3, to approve H.R. 3080, the Water Resources Reform and Development Act of 2013 (WRRDA).    The House Transportation and Infrastructure […]

   Federal Maritime Commission Chairman Mario Cordero said he is hoping for a favorable response from regulators in the Europe and China to his call for a global regulatory summit […]

   If the P3 Network is approved by antitrust authorities, its members — Maersk, MSC and CMA — will have “two large competitive advantages over their closest competitors,” said SeaIntel […]

   According to Drewry, the portion of containers that are 40-foot high-cubes has risen from 41 percent in 2007 to 49 percent, and this percentage is expected to grow by […]

   CMA CGM said it is investing in a new information system and has “entered into a strategic partnership” with SAP “to develop the first system totally dedicated to container […]

   The survey, sponsored by Penske Logistics, found that 3PL CEOs in North America, Europe and the Asia-Pacific are generally optimistic about company and industry growth prospects over the next […]

   The Port of Long Beach handled 587,114 TEU in September, 14.7 percent more than in September 2012.    Volumes of containers holding imports and exports as well as empty […]

   The Federal Maritime Commission has reached seven compromise agreements recovering a total of $617,500 in civil penalties.    The agreements were reached with nine non-vessel-operating common carriers (NVOCCs) and […]

Cordero    Federal Maritime Commission Chairman Mario Cordero is asking fellow regulators in the European Union and China to join with him in a global regulatory summit on the proposed […]

   The Maryland Port Administration said all ships are working normally again at the Port of Baltimore after the International Longshoremen’s Association agreed to a 90-day contract extension on Friday.

   The National Industrial Transportation League, the largest shipper organization in the country, is asking the Federal Maritime Commission (FMC) to closely examine the planned P3 Network that Maersk, MSC […]

   Port officials will be meeting with Hanjin and terminal operator ICTSI Oregon in coming weeks. It said Hanjin will continue with weekly direct calls at Terminal 6 for the […]

   MSC said export cargo from the West Coast of the U.S. and Canada to North Europe (including Scandinavia and the Baltic region), the western Mediterranean and Israel will be […]

   The U.S. Grains Council (USGC) said that on last Friday, Oct. 18,  the first-ever bulk shipment of U.S. sorghum to China berthed and began unloading at the Guangzhou Port […]

   Bailey Shipping acquired the drybulk carrier Max on Aug. 16, 2007 from Wave Navigation, an entity which owned the vessel since 2000. (Wave was not a party to this […]

DP World says London Gateway’s proximity to population can reduce costs.    London Gateway, DP World’s new terminal, is scheduled to start regular operations Nov. 7 when the Southern Africa Europe […]

Proximity to transportation hubs prime criteria for CenterPoint.    Paul Fisher, chief executive officer of real estate development company CenterPoint Properties, recalls traditionally his peers would look at a new 33-foot […]

Intemodal firm sees growing demand for drayage services from shippers.    RoadOne IntermodaLogistics, formed earlier this year through the purchase of the former RoadLink transportation division, sees increased demand for drayage […]

By Tom Nightingale    The great management scholar Peter F. Drucker wisely stated, “The purpose of business is to create and keep a customer.” There are two equally important sides […]

   Ports worldwide — including those in the developing markets with their vast mineral resources to export — have a need to accommodate larger ships. However, the cost to build […]

   The United States Maritime Alliance’s Dave Adam said the return of work pertains to master contract work. That includes the handling of containers and large roll-on, roll-off cargo, though […]

   The Port of Baltimore said arbitration was expected to begin Friday morning in an effort to end a strike by members of International Longshoremen’s Association. The strike began Wednesday […]

   Maersk Line has advised that a labor action in Rotterdam is causing it to divert ships to Amsterdam.    The carrier said that due to current collective labor agreement […]

   Legislation signed earlier this week by President Obama to reopen and fund the federal government through January 15, 2014, also contains a provision to fund the Maritime Security Program […]

   Wells Fargo said today that it expects Matson will order ships or give a “material update” on new building plans by the end of the year,    In an […]

   Ships at the port’s public marine terminals were not being worked. Work on five ships was idled on Wednesday. Private terminals that handle commodities such as coal, sugar and […]

   A U.K.-based provider of maritime research, Dryad Maritime Intelligence, is renewing calls for heightened vigilance by ships traveling near Somalia following the recent attack on two ships, including the […]

“It makes no sense for rates to be at current levels, and it threatens the ability of individual carriers to maintain service levels heading into 2014,” said Brian Conrad, the […]

John F. Reinhart, the long-time head of the Norfolk, Na.-based U.S.-flag vessel arm of Denmark’s A.P. Moller-Maersk Group, will continue to lead the company until his departure at the end of […]

   The Port of Los Angeles said it handled 710,892 TEUs, including empty containers, in September, 4.57 percent fewer than in the same 2012 period.    Combined total loaded imports […]

   FESCO Integrated Transport North America has launched a new regular container service from North America to the Russian Black Sea ports of Novorossiysk and Sochi where the 2014 Winter […]

For exports to the Far East moving through U.S. West Coast ports, the general rate increase is $80 for 20-foot dry boxes and $100 for other size dry boxes, including […]

   Clarkson Securities, which helped pioneer container freight swaps, is getting out of the business because of a lack of volume.    In late April, a joint venture by ACM […]

   Peel Ports said work has begun on constructing the quay wall at the new Liverpool 2 Container Terminal.    The terminal, being built at a cost of 300 million […]

The Copenhagen-based consulting firm said a comparison of freight forwarders and carriers between 2008 and 2012 found the volume of cargo arranged by large forwarders was more volatile than that […]

   Damco, the forwarding arm of the A.P. Moller Maersk, has appointed Tommy Mølgaard as its global chief financial officer.    Mølgaard was previously head of corporate finance at another […]

Molasses was released in early September into Honolulu Harbor from a pipeline system operated by a Matson subsidiary, and the company said it is fully cooperating with regulators involved in responding […]

   APM Terminals on Friday held a formal contract signing with the Van Oord-BAM consortium for the construction of the new Moin Container Terminal in Costa Rica.    The conortium […]

“Shippers are rightly worried about the potential of the P3 to eliminate effective competition in the world’s main liner trades,” said Chris Welsh, head of the Global Shippers’ Forum. “We […]

The companies have joined forces to establish Global Reefers NV, which they say will offer “the most efficient service on specialized reefers and container lines from Chile, Peru and Colombia […]

MOL has announced changes on New World Alliance services in the transpacific. Sailing days and transit times are being changed on the PCX service and PNW/PS1 services are being combined […]

Logistics property investor and developer Verdion has entered into an agreement with the Healthcare of Ontario Pension Plan (HOOPP) to fund and develop logistics parks in Europe valued at over 1 […]

   Unifeeder, a major European feeder and short-sea operator, will consolidate its short-sea transport operations through the Eurogate terminal in the Waltershof section of Hamburg, Germany.    “Many of Unifeeder’s customers, […]

   Johnson & Johnson Medical China has awarded Kuehne + Nagel a contract to manage the warehouse for its medical devices in China.    Kuehne + Nagel said the warehouse […]

   Carrier Transicold said Tuesday it’s making commercially available a refrigeration unit for ocean containers it calls NaturaLINE, which uses carbon dioxide (CO2) as a refrigerant instead of fluorocarbons.    “Throughout all […]

Liner carrier members of the alliance have announced the withdrawal of eight Asia-Europe sailings from late October 2013 to February 2014 in response to expected low demand over the winter season.

   American Roll-on Roll-off Carrier (ARC) said it is expanding its Atlantic Service through the addition of a fifth U.S.-flag ro-ro vessel, Freedom.    ARC said it will add regular […]

   The NVOCC CaroTrans said that it will start offering an expedited LCL import service from Hong Kong to Atlanta with a 22-day transit time.    CaroTrans said the service, […]

   An influx of additional containership carrying capacity is hurting freight rates, especially the dynamics of the North-South trades, according to the London-based shipping consultants Drewry.

   SeaIntel says an analysis of container traffic at North American seaports between 2006 and 2012 shows the share of the market handled by ports on the East Coast of […]

Drewry said the decision by ocean carriers to dump unwanted vessel capacity from their East-West schedules into North-South trade lanes “is now seriously hemorrhaging freight rate levels in North-South services.”

   Container Trade Statistics says an aggregated volume data survey shows the container shipping industry “may be finally pulling out of one of its longest recessions in history.”    “Overall, […]

“2013 has been a significant year for Safmarine MPV which started with the AP Moller-Maersk Group’s decision to establish the Safmarine MPV business as a separate and independent business unit […]

   DNV-GL, the classification society formed last month through the merger of Det Norske Veritas and Germanischer Lloyd, said its FutureShip has collaborated with Hyundai Heavy Industry to optimize the […]

“After 42 years of dedicated service to the maritime industry here in San Pedro Bay, I have decided to retire as executive director of the Port of Los Angeles and […]

A team of shipping, offshore and finance professionals have announced plans to establish Maritime & Merchant Bank (M&M), a niche financial institution, based in Norway, that will serve the shipping […]

The Chilean carrier said an agreement with six banks will finance 60 percent of the cost for seven 9,300-TEU ships and the other 40 percent will come from a capital increase of $330 […]

National Shipping of America, which in May started a fortnightly service between Houston and Puerto Rico, said it will add a southbound call to the Florida port, enabling it to […]

   Container carriers are revising upward planned increases in freight rates from the Far East to Europe.    Maersk announced on Sept. 17 a general rate increase of $600 per TEU […]

Digitimes said in the past Apple products had to be first shipped to Hong Kong or Shenzhen, China, to complete the export procedures and then imported back before they could […]

   Seaspan Corp. said it has exercised options to build five 10,000-TEU containerships at Jiangsu New Yangzi Shipbuilding Co., Ltd. and Jiangsu Yangzi Xinfu Shipbuilding Co., Ltd.    The ships […]

   Japanese ocean carrier MOL announced an agreement with Kansai Electric Power Co. for joint ownership of two new liquefied natural gas (LNG) carriers that will sail under long-term charter […]

   Under the multi-year contract, American Worldwide Agencies will serve as sales agent for AAL’s direct port calls to and from Long Beach and Los Angeles; Vancouver and Everett, Wash.; […]

   The London-based industry consultancy Drewry predicts that more ocean carriers will cancel sailings instead of withdrawing whole services during the winter and this practice will continue until the P3 […]

   The Georgia Ports Authority said it handled 2.5 million tons of cargo in August, 8.5 percent more than in August 2012. Container volume amounted to 280,873 TEU, 3.8 percent […]

The Indian firm said Econocaribe is the third largest non-vessel-operating common carrier in the United States. Based in Miami, Econocaribe has nine U.S. offices and 22 receiving terminals throughout North America.

   Delamode, a U.K.-based logistics and freight forwarding company, said Friday it has acquired John Shirley Ltd., a specialist freight forwarder in the West Balkans region.     John Shirley has more […]

The Asian Shippers’ Council said an agreement last week by the IMO on mandatory verification of gross weight of containers is unworkable and was not done with what it called “proper […]

IMO Secretary General Koji Sekimizu said ocean shipping is “the world’s only really reliable, global, cost-effective and energy-efficient mass transportation method for energy, materials, foods and industrial products.”

   The bulk carrier Nordic Orion, loaded with metallurgical coal in Vancouver, British Columbia, completed a successful voyage through the Northwest Passage earlier this week.    The Norway-based Bellona Foundation […]

   Carrier Transicold said it has introduced a new container atmosphere control technology that helps maintain quality of produce so it can be shipped over longer distances.    The company said […]

Shippers urge early talks for U.S. West Coast longshore labor contract.    Contract negotiations between employers and longshoremen on the U.S. East and Gulf coasts were protracted and fractious in 2012-2013, with […]

   The stainless steel tubing manufactured by the Finnish company Stalatube is used for a variety of applications, such as building structures and facades, machinery to manufacture food and pharmaceuticals, […]