A showdown could be in the works next month over who has the right to repair chassis used to move containers to and from marine terminals. The International […]
Seaspan Corp., which builds containerships and charters them to liner companies, said it will build and charter 10 additional 14,000-TEU ships to Yang Ming. In January, Seaspan said […]
The Diamond State Port Corp., which operates the Port of Wilmington, Del., and Dole Food Co. said they have reached a deal for Dole to continue to use the […]
Members of the International Longshoremen’s Association (ILA) in the Port of Hampton Roads voted 520 to 483 on Monday to reject the terms and conditions of a new local […]
CSAV, the Chilean container shipping company, said that its board on Tuesday approved plans to sell, then lease back, two 6,500-TEU containerships. It said “the transaction is in […]
UNCTAD, the United Nations Conference on Trade and Development, has electronically published the latest edition of its liner shipping connectivity index. The agency notes that a country’s access […]
The Fairview Container Terminal at the Port of Prince Rupert in British Columbia is adding a fourth container crane, even as a member of the U.S. Federal Maritime Commission questioned […]
China’s first merchant ship to sail from Asia to Europe via the Arctic Sea departed Dalian last week. The Website SinoShip News reports COSCO’s multi-purpose ship Yong Sheng, […]
The London-based consultancy reported even though some cargo booked from Asia to Europe was rolled at the beginning of July “some ships still sailed light due to last-minute booking cancellations.”
Maersk Line has taken delivery of Majestic Maersk, the second of 20 18,270-TEU containerships being built for it by Daewoo Shipbuilding and Marine Engineering. Mikkel Elbek Linnet, a spokesman […]
MOL said it has completed measures to reinforce the hulls of three sister ships of the MOL Comfort, the 2008-built containership that suffered a hull fracture in the Indian […]
“K” Line Zhenhua Logistics (Shanghai) Co., Ltd. has opened a new warehouse in a Logistics Park of Shanghai Lingang New Town. The two-story, 43,890-square-meter warehouse is located on […]
Crowley Maritime Corp. has announced plans for a major expansion of its tanker fleet, saying it has entered agreements to have Aker Philadelphia Shipyard Inc. (APSI) build up to eight product […]
The Korean liner carrier reported a loss of 80.4 billion won ($72.4 million) in the second quarter of 2013 compared to a loss of 1.2 billion won in the same quarter […]
The firm said its analysis “shows that only Ambarli and Constanta currently have the operational capabilities to handle 10,000-TEU vessels, while Odessa will get the ability in the future, if the […]
Orient Overseas (International) Ltd. (OOIL), parent company of container liner company OOCL, said it had a loss of $15 million in the first half of 2013 compared to a profit […]
The banana shipper, which operates Great White Fleet, reported in its second quarter results that reconfiguration of its European shipping system, initiated in the third quarter of 2011, provided more than $12 million […]
Matson, the leading container carrier between the U.S. mainland and Hawaii, reported a profit of 20.1 million in the second quarter compared to $7.8 million in the same 2012 […]
Maersk Inc. of the A.P. Moller-Maersk Group said Wednesday it had agreed to sell substantially all the assets of its trucking subsidiary Bridge Terminal Transport (BTT) to an affiliate […]
Starting Aug. 19, trucks entering the secure area of a marine terminal in the Port of New York and New Jersey, must be registered in the port’s drayage truck registry (DTR) […]
Hamburg-based Hapag-Lloyd said it had a group profit of 20.9 million euros ($27.8 million) in the second quarter of 2013, while NOL of Singapore, parent of APL, had a loss of […]
Clean Cargo Working Group, an initiative of carriers and shippers dedicated to environmental performance improvement in marine container transport through measurement, evaluation, and reporting, said Independent Container Lines and […]
Nie Lijuan, deputy secretary-general at the China Association of the National Shipbuilding Industry (CANSI), said the goal is to “ease the supply glut of low-end ships and boost technology competence in producing […]
Crowley Maritime Corp. said it has tripled its bonded warehouse space in Panama and consolidated its liner and logistics teams to a new shared location in Panama City. […]
NRF President Matthew Shay said some members are paying thousands of additional dollars as a result of the congestion, with increased costs coming from storage at the terminal and longer driver wait-times […]
OOCL said it will introduce a service connecting Asia, the East Mediterranean, and Black Sea next month, using Zim’s EMX service. The first call will be provided by […]
The county has been promoting development of the Jasper Ocean Terminal for many years on the north bank of the river, on land that was used by the Georgia Ports […]
“As ocean carriers’ financial results are not expected to improve significantly before 2016, leasing will continue to grow, thereby creating opportunities for new financiers to enter the market,” the London-based […]
Horizon Lines said it had a loss from continuing operations of about $853,000 in the second quarter ending June 23 compared to a loss of $31.1 in the same […]
International Shipholding Group said it had profit of $1.9 million in the second quarter compared to $704,000 in the same 2012 period. (The company noted its results were […]
Two Democratic Capitol Hill lawmakers from New York, Sen. Kirsten Gillibrand and Rep. Jerrold Nadler, introduced legislation Thursday that they said will “update federal law to ensure that ports can […]
NYK Line said that effective Sept. 2 it will implement a chassis provision charge (CPC) for motor carrier transport moving under NYK import or export merchant haulage bills of […]
French liner carrier CMA CGM said it has “signed for the acquisition” of three more 16,000-TEU ships. A spokeswoman said the ships will be delivered in the second […]
Roanoke Trade Services is advising freight forwarders and property brokers that they need to “re-comply” with new permitting and bonding mandate put forth in the 2012 highway reauthorization bill, known […]
A value-added tax (VAT) will be applied to transportation and logistics services throughout China, starting today, Aug. 1. “In 2012, China reformed its existing VAT system by integrating the […]
Several environmental groups have filed a lawsuit in federal court against the Coast Guard and Port Authority of New York and New Jersey, challenging a permit amendment authorizing the raising […]
“We continue to work diligently with all marine terminals, rail service providers, partner lines, port authority, however, we do not expect normal service to be restored until approximately middle of […]
The three major Japanese shipping companies released profitable first quarters for the period ending June 30, compared to losses in the same period last year. All three ocean carriers have fiscal years […]
The vessel owner did not provide details on the number of ships, their size, shipyard or the prospective charterer other than to say it “expects to sign a long-term charters with one […]
The former Horizon Lines executive was offered the job in June, but some members of the port authority’s board had asked whether there might be any conflict of interest in hiring […]
Gerard J. Coyle, vice president of environmental and sustainable operations for Evans Delivery Co., said at a House field hearing that “the New York City Metropolitan area has some of […]
Drewry said “ocean carriers should not count too much on a significant revenue boost” in the third quarter this year, adding the “peak season of the east-west trades no longer means […]
Hapag-Lloyd said it is implementing a “low water surcharge,” effective Aug. 5, for cargo moving between Montreal and North Europe, the Mediterranean and Africa as well as East Asia, […]
The American Maritime Partnership (AMP) said it opposes legislation introduced by Puerto Rico Resident Commissioner Pedro Pierluisi to relax the U.S.-build requirement of the Jones Act for bulk vessels operating […]
Puerto Rico’s representative to the U.S. House of Representatives said he has introduced legislation that would exempt vessels carrying fuel, agricultural products and other bulk cargo from provisions of […]
Effective August 1, the per container charge with a destination within 260 miles of the Port of New York and New Jersey will be reduced to $94 from $100 […]
“We currently expect our market environment to hold fairly steady as we head into the second half of the year,” Brian M. Sondey, TAL’s president and chief executive officer, […]
China International Marine Containers said that it has entered into a $425 million shipbuilding contract with the Chinese shipyard, New Times Shipbuilding, for the construction of five 8,800-TEU containerships. […]
Loaded container volumes in the first six months were 757,632 TEU, up 7.2 percent; empty container volumes totaled 220,934 TEU, up 6.4 percent. The port handled 166,093 TEU of […]
Hapag-Lloyd said the G6 Alliance’s New York Express, or NYE, service is relocating to the New York Container Terminal on Staten Island from Maher Terminal effective with the arrival […]
Global Container Terminals said its New York Container Terminal (NYCT) on Staten Island in New York has entered into an extension of its lease agreement with the Port Authority […]
Costamare, the Athens-based ship containership charterer, said Wednesday that it had net income of $30.6 million in the second quarter of compared to $21.1 million in the same 2012 […]
U.S. Customs and Border Protection (CBP) and the Federal Maritime Commission said they have signed an agreement to share data from CBP’s Automated Commercial Environment-International Trade Data System (ACE-ITDS) […]
The U.S. Maritime Administration is awarding $9.46 million to 12 shipyards, but it received about 10 times as many requests for money as it could provide–113 grant applications requesting […]
The service was taken offline Friday for about 16 and a half hours because of a problem with a piece of computer equipment located in New Jersey that required […]
TRAC Intermodal has introduced a premium 40-foot gooseneck marine chassis. The container leasing company said its “TRAC TITAN” chassis are available for daily use to motor carriers in […]
PSA International said the Zeebrugge International Port (ZIP) Container Terminal in Belgium opened last week with the berthing of the Ever Laden, a deepsea container vessel operated by Evergreen. […]
Alabama Steel Terminals will develop a new $36 million steel coil handling facility at the Alabama State Port Authority’s main docks complex in Mobile. AST will construct the 372,600-square-foot warehouse […]
The award of $11.7 million in damages to the owner and operator of a dredge that was struck by an orange juice tanker was upheld by the U.S. Court […]
In 2004, the tanker Athos I carried a cargo of crude oil from Venezuela to Paulsboro, N.J., and while approaching a terminal on the Delaware River, the ship’s hull […]
With competing needs for capital, liner carriers are using more leased containers. By Chris Dupin To buy or lease? It’s a question faced not only by new car shoppers, […]
Rickmers CEO says ocean shipping must tap new financial sources. By Chris Dupin For decades, limited partnerships, or “kommanditgesellschaft” (KG) in Germany, and loans from European banks have been important […]
Senior shipping executives and labor leaders gathered last month to celebrate the retirement of Jim Capo and Brian Dugan, respectively the chief executive officer and vice president of the […]
UPS said it had a profit of $1.07 billion in the second quarter, 4 percent less than the $1.12 billion earned in the same 2012 period. Revenue was $13.51 […]
Maersk Line said it will implement a general rate increase (GRI) for dry and reefer shipments from the Far East to the United States on September 1. Rates will […]
If the Suez Canal was suddenly closed, container vessel schedules between Asia and Europe could be immediately adjusted to minimize delays by simply increasing speeds to 22 knots in […]
Giovanetti, who has served as a member of American Shipper magazine’s editorial board, said he plans to stay active in ocean shipping, “but just not as intensely as I […]
The admiralty and maritime law firm Nourse & Bowles has merged with McLaughlin & Stern, a large, full-service firm with offices in New York City and Florida. The […]
The Oakland Tribune said the deal would end maritime operations at Howard Terminal near Jack London Square, which is used by Matson, and where a new baseball stadum for the […]
French liner carrier CMA CGM said it will upgrade its round-the-world “Panama Direct” service from fortnightly to a weekly frequency, starting with the departure of CMA CGM Manet from Tilbury […]
The ship classification society Nippon Kaiji Kyokai (ClassNK) said it will expedite its investigation of the break-up of the containership MOL Comfort, but said the inquiry will be complicated […]
The outlook for trade from China is weak, but surprisingly some shippers have reported difficulty obtaining space on eastbound transpacific container services out of North China ports. Earlier […]
MOL said the fore section of its containership MOL Comfort sank Wednesday evening in the Arabian Sea. The company said the remaining section of the ship “sank in the high […]
The vessels will each have a capacity of 770 FEUs and be used in the company’s U.S. West Coast operations. Self-geared and equipped with gantry cranes, they will be delivered in […]
In its latest update on the containership MOL Comfort, the Japanese liner company MOL said that firefighters have been unable to bring a fire under control on the section […]
Days after delivering the first in a series of 20 new 18,000-TEU ships to Maersk Line, Daewoo Shipbuilding and Marine Engineering has reportedly landed another order for three giant containerships. […]
Crowley said its petroleum distribution group completed its acquisition of Anderes Oil, a fuel company in Ketchikan, Alaska, on July 1. The Anderes family, after 50 years of […]
Liner carrier MOL has announced the following organizational changes for the transpacific trade, which will take effect in August: Calvin Duffaut, assistant vice president for yield management and corporate communications for […]
China Navigation has held a 13 percent interest in PLL since 1979, and now has acquired the remaining 87 percent. Swire said management of PLL will remain in San Francisco […]
MOL said Tuesday morning that a fire continues to burn on its wrecked containership MOL Comfort. The company said “due to adverse weather, the work has not been […]
Hapag-Lloyd said in August the Gulf Atlantic Express (GAX) service between North Europe and the United States will switch its Miami call to Port Everglades, Fla. The last vessel […]
Container carriers “need to rely less on the chronic use of general rate increases (GRIs) and pay more attention to minimizing surplus capacity at the trade route level to […]
Russia’s chief sanitary inspector complained to the Moscow Times newspaper that the United States was trying to use political and administrative pressure to overturn the ban instead of going to […]
Maersk Line said it will implement a general rate increase on dry cargo shipments moving from Miami to Panama on Aug. 8. The increase is $150 for 20-foot […]
MOL reported a fire had broken out in the fore section of the containership as it was being towed. If this section of the vessel is also lost it could further complicate efforts […]
MOL Liner said T.K. Konishi has been promoted to chief executive officer effective June 21, succeeding Junichiro Ikeda who remains chairman of MOL Liner. Konishi said the company […]
An Israeli newspaper reported there are plans to build new terminals in both Haifa and Ashdod and they “will mark a major step forward in efforts to break powerful public sector […]
MOL said it is continuing to tow the fore portion of the containership MOL Comfort to a port where containers can be salvaged. The company said tow wires […]
The third party logistics services provider has expanded its Asia-Pacific operations to include domestic rail freight services in China, and plans to offer intercontinental intermodal service between China and Europe.
Rickmers Group said it has signed a contract for the purchase of five 2,200-TEU container vessels for more than $30 million, increasing its fleet of owned or managed ships […]
A brief announcement said Li Yunpeng has been named director of the board and the president of COSCO Group and Wei Jiafu has retired and no longer holds any position […]
The 15 container shipping lines that belong to the Transpacific Stabilization Agreement (TSA) on Monday announced a “guideline” peak season surcharge of $400 per 40-foot container from Asia to all […]
The Japanese liner carrier said Saturday evening that it’s continuing to tow the fore portion of MOL Comfort, which broke in half on June 17 in the Indian Ocean. The aft […]
After declining for more than a year, the Shanghai Containerized Freight Index (SCFI) spiked sharply higher on Friday, apparently in anticipation of general rate increases (GRIs) that carriers have […]
Direct ChassisLink Inc. (DCLI) said it has acquired the U.S. chassis fleet of Hyundai Merchant Marine. DCLI said it will add “over 23,000 well-maintained, strategically located chassis.” In […]
Bayonne Bridge Hundreds of construction workers and shipping industry representatives were on hand Wednesday as New Jersey Gov. Chris Christie and David Samson, chairman of the Port Authority of […]
The carriers said they will no longer call the Southeast port with their Gulf Mexico Express service between Europe and the U.S. Gulf and Mexico. The last vessel in the service calling at Charleston […]
MOL said the aft part of the containership MOL Comfort sank in the Indian Ocean around noon, local time, on Thursday, 10 days after it broke in two during […]
Press reports in the Financial Times and Reuters cited a filing with the Tel Aviv Stock Exchange that they say indicated Israel Corp. is planning to spin off its non-chemical […]
Construction of the new “Liverpool2” terminal has begun at the Port of Liverpool in the United Kingdom. Mark Whitworth, chief executive of Peel Ports Group, parent company of […]