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| Crowley adds new containers to fleet |
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Wednesday, May 22, 2013
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Crowley Maritime Corp.’s liner services group is adding more than 3,000 pieces of cargo handling equipment to its fleet. The additional equipment will be used to serve shippers in its Puerto Rico, Caribbean and Latin America services, the Jacksonville, Fla.-based company said. The equipment includes 200 53-foot dry containers, 200 45-foot dry containers, 500 20-foot dry containers, 1,000 40-foot dry high-cube containers, 337 40-foot refrigerated high-cube container...
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| U.S. targets trade buildup in Latin America |
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Wednesday, May 22, 2013
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Acting Commerce Secretary Rebecca Blank last week wrapped up a seven-day trip to Latin America to help drum up business for U.S. companies engaged in infrastructure planning and construction with a speech at the American Chamber of Commerce Panama where she highlighted the importance of trade relations with the Central American nation. Twenty companies specializing in project management, transportation, energy and water resource infrastructure accompanied Blank on her ...
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| Report: Central America should embrace intermodal |
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Thursday, May 16, 2013
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Governments in Belize, Central America and the Dominican Republic should create an environment that embraces an integrated, intermodal sea-land network, according to a recent report by the Inter-American Development Bank (IDB). A stronger supply-chain network would help push global trade forward and would also encourage trade exchanges between the countries in the region. The two authors of the study, Amar Ramudhin and Don Ratliff, posit that a number of initiative...
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| Ingram Micro's reverse logistics facility in Costa Rica |
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Thursday, May 16, 2013
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The world's largest wholesale technology distributor Ingram Micro said this week it is opening a new facility in Costa Rica for its Ingram Micro Mobility mobile device lifecycle services and logistics solutions subsidiary. The facility is designed to support Ingram Micro Mobility’s growing business in Latin America. Initially, the facility will be fully dedicated to supporting the company’s mobile device lifecycle services, specifically device recovery and technical repair. &nb...
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| Box ship sets depth mark in Virginia |
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Tuesday, May 14, 2013
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The Port of Virginia set a record Saturday for handling the heaviest containership on the U.S. East Coast when the MSC Chicago sailed through the 50-foot channel with export cargo at a draft of 49 feet, according to the port authority. Export cargo often consists of grains, waste paper, machinery and other heavy products that typically weigh more than imports of consumer goods, making it difficult for ocean carriers to fully load vessels with full containers in many ports....
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| Crowley enters LNG market |
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Friday, May 10, 2013
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Crowley Maritime said its petroleum services group is entering the liquefied natural gas (LNG) market by acquiring Carib Energy, a Coral Springs, Fla.-based company that was founded in 2011 to export LNG to industrial facilities in the Caribbean and Latin America. Carib Energy plans to export LNG in 40-foot tank containers, which it says allows it to serve markets that do not justify or cannot receive large tanker ships of LNG. Crowley said its acquisition is ...
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| N.C. port touts new Latin American connections |
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Monday, May 06, 2013
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North Carolina’s Port of Wilmington will now offer shippers direct access to Manzanillo, Panama, and Puerto Moin, Costa Rica, in addition to Puerto Cortes, Honduras, and Santo Tomas, Guatemala, in northern Central America, via vessel calls added by Maersk Line to its weekly South Atlantic Express (SAE) service. New trade lanes to South America’s west coast and the Caribbean for Port of Wilmington users are also open via transhipments at Manzanillo, the North Carolina State ...
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| U.S. leads Latin American infrastructure trade mission |
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Thursday, April 25, 2013
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The U.S. Commerce Department has selected 20 companies to join its deputy secretary, Rebecca Blank, on an infrastructure business development trade mission to Sao Paulo, Brazil; Bogota, Colombia; and Panama City, Panama, from May 12-18. “The governments of these countries have each outlined ambitious infrastructure development plans for the years ahead, and this trade mission will help U.S. companies in a broad range of infrastructure industry sectors make the connections they ...
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| Schenker acquires Panamanian forwarder |
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Wednesday, April 17, 2013
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DB Schenker has acquired 100 percent of the shares of long-term partner Euro-Line Panamericana in Panama. The German logistics firm will operate the business under Schenker (Panama), S.A. Euro-Line is one of the top freight forwarders for ocean imports in Central America. The new Schenker subsidiary will have its head office in Panama City, with a branch office in the Colon Free Zone and a field office at the airport. Two warehouses in Colon Free Zone, with 1,500 s...
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| Atlanta looks to Miami for cargo volume |
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Monday, April 15, 2013
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To increase their cargo presence, officials at the Atlanta Hartsfield-Jackson International Airport have their sights set on attracting Latin American carriers, perhaps even convincing some to leave their standard hub, Miami International Airport, according to the Metro Atlanta Chamber’s Bob Pertierra. He pointed out recently in comparing the two cities and their prospects for growth, Atlanta has 15 Fortune 500 companies, while Miami has only one. “When you lo...
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| Truckers seek clarity on Panama Canal expansion's impacts |
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Thursday, April 11, 2013
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With the completion of the Panama Canal upgrade two years away, greater cooperation is needed by all stakeholders to ensure the transportation industry can handle the increased freight flow, according to Phillip Byrd, president and chief executive officer of Bulldog Hiway Express. Byrd testified Wednesday before the U.S. Senate Committee on Commerce, Science and Transportation on behalf of the American Trucking Associations. When complete, the Pa...
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| LATAM cargo tonnage inches up in March |
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Wednesday, April 10, 2013
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LATAM Airlines Group, the amalgamation of LAN Airlines and TAM, saw cargo inch up in March, increasing by 0.4 percent, year over year, to 407 million tons. Capacity rose as well, ramping up by 3.5 percent. Cargo load factor dropped by 1.8 points to 60.1 percent. “The growth in cargo capacity is a result of an increased availability in the belly of passenger aircraft,” according to a company statement. “Despite a delay on certain seasonal demand, cargo traffic was d...
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| Cargo takes hit at LATAM Group |
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Wednesday, March 20, 2013
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With LATAM Airlines Group three years away from the full integration of LAN and TAM operations — officials estimate a target of June 2016 — the company is still attempting to harmonize programs between the two Latin American carriers, standardizing processes and renegotiating contracts. The cargo business, however, is now fully integrated. Fourth-quarter 2012 cargo revenues for the LATAM Airlines Group finished at $37.89 million, a 3-percent, year-over-year declin...
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| CKYH restructures Asia-U.S. East Coast services |
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Tuesday, March 19, 2013
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Members of the CKYH – Green Alliance of container liner companies (COSCON, “K” Line, Yang Ming, and Hanjin Shipping) said Tuesday they will restructure their current Asia-U.S. East Coast loops, effective mid-April. CKYH will provide five loops (AWE1, AWE2, AWE3, AWE4, and AWE7) between Asia and the U.S. East Coast. The carrier members said AWE7 will be newly launched and replace AWE6 which was suspended during the 2012 winter season. ...
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| Zim will participate in 3 G6 services to U.S. East Coast |
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Tuesday, March 19, 2013
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Liner carrier Zim will participate in three G6 services to U.S. East Coast. Zim, which has been jointly operating the SCE service with the Grand Alliance between Asia and the U.S. East Coast, said Tuesday it will continue that relationship with the G6 Alliance. The change will be made in May, subject to U.S. Federal Maritime Commission approval. The SCE is one of six services that the G6 will offer between Asia and the U.S. East Coast. The G6 is a co...
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| G6 reveals port rotations for Asia-U.S. East Coast |
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Monday, March 18, 2013
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The G6 Alliance, which announced earlier this year that it would expand beyond the Asia-Europe trade lane, has revealed port rotations for six services between East Asia and the U.S. East Coast, starting in May. According to a press release issued by members of the G6, more than 50 ships with capacities between 4,500 and 8,000 TEUs will deployed on six strings covering about 30 ports in Asia, the U.S. and Canadian east coasts, Central America, Caribbean, Indian Su...
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| FMC allows G6 agreement in Asia-U.S. East Coast |
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Friday, March 15, 2013
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The Federal Maritime Commission will allow the G6 Alliance of container liner shipping companies to operate between Asia and the U.S. East Coast. The alliance currently operates on the Asia-Europe trade lane. On Feb. 1, G6, which is a combination of members of the New World Alliance - APL, Hyundai, and MOL, and the Grand Alliance - Hapag-Lloyd, NYK, and OOCL, filed an agreement with the FMC that would allow them to charter and exchange space on each other's vessels...
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| U.S. loan helps export wind turbines to Honduras |
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Wednesday, March 06, 2013
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A U.S. Export-Import Bank direct loan in the amount of $28.6 million will allow Gamesa Wind US, based in Trevose, Pa., to assemble 12 wind turbines for export to a Honduran power company. The transaction helps to expand a project first supported by the bank in 2010, when its long-term financing of 51 U.S.-built turbine generators established the Cerro de Hula Wind Farm in Santa Ana municipality, 22 kilometers south of Tegucigalpa, the capital of Honduras. The project developer a...
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| CMA CGM PEX 3 service to call Charleston |
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Wednesday, February 27, 2013
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The South Carolina Ports Authority (SCPA) said CMA CGM is adding the Port of Charleston to its Pacific Express 3 (PEX 3) weekly service , providing an additional connection for the region's shippers to ports across Asia. It said the first ship in the service to call Charleston, the 5,095-TEU CMA CGM Florida , is scheduled to call North Charleston Terminal in mid-April. Frank Baragona, president of CMA CGM (America), said the call will create "new service options fo...
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| World Bank endorses Jamaica logistics hub plan |
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Wednesday, February 13, 2013
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The World Bank Group has endorsed Jamaica’s aim to become the logistics hub for the Caribbean, Latin America and U.S. Gulf and East coasts by pledging to help find funding for the pioneering project. Giorgio Valentini, World Bank Group representative to Jamaica, called the logistics hub initiative “transformational” during a recent speech in Kingston. “It is important to emphasize that the hub is not just about the port, it involves many moving parts and will signi...
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| Maersk to switch an Asia-U.S. East Coast string from Panama to Suez canal |
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Tuesday, February 12, 2013
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Maersk Line will stop routing ships from East Asia to the U.S. East Coast ports of Savannah, Charleston and Miami through the Panama Canal in April, instead sending them through the Suez Canal. The company's current Asia-East Coast TP7 string, which today uses the Panama Canal, will be combined with a Suez-routed Asia-Europe string, AE9, which will also stop in Tangiers on inbound voyages from Asia, and in Valencia on outbound voyages back to Asia. William Woodhour,...
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| Panama Canal tries 'just-in-time' transits |
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Monday, February 11, 2013
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The Panama Canal Authority is testing a new concept of "just-in-time" service with vessel operators. The service allows booked vessels to arrive much closer to their scheduled transit times, instead of arriving earlier and having to remain for several hours at anchor before actually beginning their transits. The authority started a trial of the service on Feb. 1 that will run for up to 60 days. It said a delegation from the canal, headed...
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| UPS increases LCL offerings |
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Monday, February 11, 2013
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Last year, UPS ramped up its ocean freight offerings, expanding less-than-containerload services to more than 300 lanes. The integrator now offers direct LCL service on 1,700 lanes to 116 countries. UPS recently added 139 outbound lanes and 42 intra-region lanes in Asia, including 12 inbound and outbound lanes in South Korea and 10 outbound lanes from Vietnam. The company added 81 direct lanes in Europe. Last year also brought 33 new North American outbound la...
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| G6 will enter Asia-U.S. East Coast service in May |
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Tuesday, February 05, 2013
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The G6 Alliance of container carriers on Tuesday confirmed rumored plans to expand into the the trade between Asia and the U.S. East Coast this spring. The G6 is a combination of six container carriers - the so-called Grand Alliance of NYK, Hapag-Lloyd and OOCL, and the New World Alliance of APL, Hyundai, and MOL. G6 said it will deploy more than 50 ships in the trade that will call at 30 ports in Asia, the North American east coast, Central America, the Carib...
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| ICTSI wins Honduras terminal bid |
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Monday, February 04, 2013
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The global container terminal operator International Container Terminal Services, Inc. (ICTSI) has won a bid to design, build and operate a general cargo terminal in Puerto Cortes, Honduras, the company said Monday. The 30-year deal will see ICTSI build and operate a 1.8-million-TEU container terminal, with 1,100 meters of berth for container operations and 400 meters for general cargo. The terminal will have 14 meters of draft (with provision to deepen it to 15 meters), and 12...
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| Tampa sees benefit from Latin American growth |
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Friday, January 25, 2013
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The port director of the Tampa Port Authority said robust growth in Latin America presents potentially significant opportunities to ports at the intersection of major East-West and North-South trade lanes. Tampa this week is hosting a conference co-sponsored by the American Association of Port Authorities and U.S. Maritime Administration on shifting international trade routes. The higher growth rate in the economies of Latin American countries are a ...
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| Panama wants canal to be more than a transit point |
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Friday, January 25, 2013
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The Panama Canal Authority will move ahead with plans to build a large terminal in Corozal, close to the new set of Pacific locks being built as part of the canal expansion. Rodolfo Sabonge, executive vice president of planning and business development at the Panama Canal Authority (ACP), said the new terminal would be owned by ACP, which would then hire a private company to operate it. The Corozal terminal would be “so close to the locks that we really need t...
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| Hapag-Lloyd raising Mexico export reefer rates |
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Thursday, January 24, 2013
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The liner carrier Hapag-Lloyd said this week it plans to raise rates on refrigerated containers out of Mexico next month. The increases, which take effect Feb. 23, impact the trades from Mexico to North America, Central America, the east and west coasts of South America, Caribbean, Far East, the Middle East, and India. The rate hike to the Americas destinations from Mexico is $320 per reefer container. To Asia and the Middle East, it’s $750 per container....
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| Dachser keeps rolling with Spanish 3PL acquisition |
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Friday, January 18, 2013
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European logistics provider Dachser, which has a large presence in the United States, has acquired Spanish air and sea logistics firm Transunion for an undisclosed amount. According to a Dachser press release, Transunion has an average annual revenue of 95 million euros. Transunion employs more than 200 workers in eight Spanish offices and six offices across Turkey and Latin America. Details of the transaction have not been released. Transunion’s management will st...
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| Naviera Master Line to start Port Manatee service |
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Friday, January 18, 2013
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Naviera Master Line de Venezuela said it will start calling Port Manatee on Tampa Bay on March 8. Naviera Master Line said the fortnightly service will carry container and breakbulk cargoes between Port Manatee and destinations in Colombia, Panama, Venezuela and Trinidad. “For the targeted business we have with Central Florida auctions, like Alex Lyon & Son, CAT, Ritchie Bros. and Yoder & Frey, Port Manatee is the closest port to Orlando and a very strategi...
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| Tampa Cargo gets first Airbus freighter |
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Friday, January 18, 2013
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Tampa Cargo, a division of AviancaTaca, welcomed the first Airbus 330-200 freighter to be operated in the Americas. The plane is the first of four A330-200s to be added to its fleet. The freighters will be used on routes between Latin America and the United States and are part of the airline group's updated focus on cargo transportation. "Trends in the cargo market throughout the Americas encourage us to expand this part of our business. We want bot...
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| Panama Canal to handle up to 14,100-TEU ships |
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Wednesday, January 16, 2013
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The Panama Canal Authority has advertised that the massive project underway to expand the man-made shortcut between the Atlantic and Pacific oceans will enable transits by 12,500-TEU vessels, but a top official now says the facility's operating capacity could bump up to accommodate even larger ships. Rodolfo Sabonge, executive vice president for planning and business development, told American Shipper at a major transportation conference in Washington that larger ships wil...
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| Chiquita using Hamburg Süd vessels |
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Wednesday, January 09, 2013
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Hamburg Süd has launched a direct liner service between North, Central and South America, deploying five vessels with a nominal slot capacity of 1,850 TEUs, including refrigerated container plugs. Hamburg Süd said the services replaces a current Cartagena–California service and has the following port rotation: Guayaquil, Balboa, Puerto Quetzal, Los Angeles, Oakland, Manzanillo, Puerto Quetzal, Balboa. Paita, and Guayaquil. Meanwhile, Chi...
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| APL, Hamburg Süd disengage on WC Latin America |
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Friday, January 04, 2013
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The ocean carriers APL and Hamburg Süd have reduced their cooperation on services between Mexico and the west coast of Latin America. Singapore-owned APL has ended its Mexico-to-Central America MCX loop, on which German carrier Hamburg Süd and its subsidiary Alianca had previously taken slots. The MCX had been operated with a single 1,304-TEU vessel, the Mercs Jaffna , which can now be found on APL's weekly WCX loop between Mexico, Central America, and the west coast ...
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| UPS starts time-sensitive heavyweight program |
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Wednesday, January 02, 2013
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UPS has debuted a new offering for time-sensitive international heavyweight shipments. Worldwide Express FreightSM, an extension of its Worldwide Express program, is geared toward high-value pallets weighing more than 150 pounds, shipping them on a guaranteed, day-definite basis. The service includes overnight shipping to the United States from Asia, Europe, and Central and South America. Shipments destined for Europe from the United States and Asia-Pacif...
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| Panama Canal expansion about 50% completed |
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Monday, December 31, 2012
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The Panama Canal Authority said Monday that the expansion of the waterway, begun five years ago, is now about half completed, and the official date for the completion of the expansion project remains October 2014 and the expanded waterway will be operational in 2015. In a year-end press release, the authority noted that “As of November 30, 2012, the Expansion Program registered an overall progress of 48.9 percent, with several components almost completed – mainly the dredg...
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| Carriers slow joint WCNA-Central America loop |
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Thursday, December 13, 2012
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The ocean carriers Nippon Yusen Kaisha (NYK) of Japan and Germany's Hapag-Lloyd have added a fourth vessel to their joint weekly MAREXN service between the U.S. West Coast, Mexico and Central America, increasing roundtrip voyage time from 21 days to 28 days. Transit times in both directions have been increased by a few days, now taking 11 days from Los Angeles to Acajutla, El Salvador, and eight days on the return voyage from Puerto Caldera, Costa Rica ...
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| Panama Canal 3? |
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Tuesday, December 11, 2012
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There may be a need for further improvements to the Panama Canal even after the waterway completes its current expansion in 2015, said Alberto Alemán Zubieta, who stepped down as administrator of the Panama Canal Authority in September. During a speech after accepting the 2012 "Connie Award" from the Containerization and Intermodal Institute in Newark, N.J. on Monday, Alemán Zubieta said he was “fairly confident” that the current expansion of the canal, which includes build...
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| Hamburg-Süd's focus on west coast Central America |
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Thursday, December 06, 2012
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Hamburg Süd said next month it will start offering two new services from the Mexican port of Manzanillo to the west coast of Central America. The German liner carrier said the new services are part of a restructuring of its west coast Central America service, which "will purposefully add the growing markets in Central America to the Hamburg Süd Asia – Latin America west coast service and the two west coast North America services." One sling will connect Manzan...
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| Crowley shuffles management |
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Thursday, December 06, 2012
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Crowley Maritime Corp. made several changes among the senior management in its shipping and logistics businesses and consolidated its commercial marketing, sales, customer care and pricing activities under single leadership. Frank Larkin has been promoted to senior vice president and general manager of logistics, and will now, in addition to managing the entire logistics enterprise, oversee U.S. sales, marketing, customer care and pricing for both logistics and liner services, ...
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| CMA CGM hiking rates on Asia-Latin America routes |
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Wednesday, December 05, 2012
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CMA CGM said it was implementing general rate increases Jan. 1 on several routes out of Asia. The French carrier said it will raise rates $500 per TEU on containers moving from Asia to the east or west coast of South America, the west coast of Central America, and Mexico. It also said it will raise rates on containers moving from Asia to the Caribbean by $700 on 20-foot containers and $1,000 per on 40-foot containers. - Chris Dupin
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| Maersk speeds up WCCA, drops Puerto Caldera |
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Wednesday, November 28, 2012
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After nearly six months on a five-week rotation, ocean carrier Maersk Line has increased the speed of its weekly west coast North America-to-Central America WCCA service, while dropping a call at Puerto Caldera, Cost Rica. Roundtrip voyage time on the WCCA has decreased from 35 days to 28 days, and transit times southbound from North America have improved by about seven days, now taking 11 days from Los Angeles to Balboa, Panama. The revised rotation of ...
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| Washington Notebook: Walmart audit turns up possible corruption overseas |
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Tuesday, November 27, 2012
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Walmart disclosed earlier this month that a lengthy internal investigation into bribery at its Mexico subsidiary had widened to include operations in Brazil, China and India. Bribery of foreign officials to gain preferential business treatment is against the law under the Foreign Corrupt Practices Act (FCPA). The New York Times reported earlier this year that Walmart had uncovered evidence during an audit that officials in Mexico had bribed officials to e...
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| American picks GSSA for Central America |
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Monday, November 26, 2012
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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, Costa Rica, is responsible for American’s cargo sales across eight cities in seven countries, including Guatemala City, Belize City, San Pedro Sula, San Jose, Tegucigalpa, San Salvador, Managua and Panama City. A dedicated sales team will be led by Carlo de Haas, managing director. "With multi...
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| Dole Ocean Cargo raising Americas rates |
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Friday, November 02, 2012
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Dole Ocean Cargo Express said Thursday it will raise rates on northbound and southbound shipments between the U.S. East and Gulf coasts and Central America from Dec. 19. Northbound, the increases are: • $50 per 20-foot container and $100 per 40-foot high cube container from Guatemala and Honduras to Wilmington, Gulfport, Freeport, and Port Everglades. • $75 per 20-foot container and $150 per 40-foot high cube container from El Salvador to Wilmingt...
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| Duarte-Peláez named new AAPA chairman |
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Friday, November 02, 2012
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Armando Duarte-Peláez, a longtime board member of Colombia’s Sociedad Portuaria de Santa Marta, has been installed as the American Association of Port Authorities' (AAPA) chairman 2012-13 . Duarte-Peláez accepted the new appointment's duties at a membership meeting in Mobile, Ala., in late October. Kurt Nagle, AAPA's president and chief executive officer, called Durate-Peláez "a strong advocate for integrating all Western Hemisphere ports under the collaborati...
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| Panama Canal Authority awards contract for new bridge |
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Tuesday, October 30, 2012
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The Panama Canal Authority said it has awarded a contract to Vinci Construction Grands Projets of France to build a new bridge on the Atlantic side of the canal. Vinci's bid of about $366 million was the lowest of three submitted. The authority said the bridge design is inspired by similar ones in Spain, Korea, France, China and Japan. The double-plane, twin pylon, cable-stayed bridge will feature two lanes of traffic in each direction. Its length wi...
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| U.S.-Panama trade pact takes effect Oct. 31 |
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Tuesday, October 23, 2012
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The United States-Panama Trade Promotion Agreement will enter into force on Oct. 31, U.S. Trade Representative Ron Kirk said Monday. According to the Office of the U.S. Trade Representative, the agreement will call on Panama to immediately reduce or eliminate tariffs on U.S. industrial goods, which currently average 7 percent, with some tariffs as high as 81 percent. More than 86 percent of U.S. exports of consumer and industrial products to Panama will become duty-...
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| Riots shake FTZ in Colon, Panama |
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Tuesday, October 23, 2012
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Protests continued Monday in Colon, Panama, over a law that allows for the sale of land in the Colon Free Trade Zone, according to the English-news Website Panama Guide . The Associated Press reported Friday that a 10-year-old boy was killed during violent protests in the city, at the Caribbean end of the Panama Canal. AP said rioting came a few hours after the National Assembly approved legislation permitting the sale of land to private companies already leasing l...
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| Seaboard Marine acquires new ship |
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Tuesday, October 23, 2012
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Seaboard Marine said earlier this month it completed the purchase of the Mare , a 974-TEU container vessel. The ship arrived has been renamed the Seaboard Atlantic . The company said it plans to base the ship in Miami and use it to serve the northern zone of Central America. "With her unique ability to handle overwidth containers through flexible cell guides, it will be well-suited for the types, lengths and widths of containers carried to and from the...
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| CMA CGM increasing Med-Latin America peak season fee |
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Friday, October 19, 2012
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The liner carrier CMA CGM said Friday it plans to increase the peak season surcharge on shipments from the Mediterranean to Latin America from Nov. 1. The existing 125-euro surcharge per TEU will be increased to 150 euros from West Med ports (including Fos, Genoa, Livorno, Napoli, Algeciras, Barcelona, Valencia) to Venezuela, Colombia, Panama, Guatemala, Honduras, Costa Rica, Belize, Dominican Republic, Ecuador, Peru, Chili, Jamaica, Haiti, Curacao, Aruba, Cuba, and Mexico. The...
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| MSC offers Philly-NY landbridge off Oceania loop |
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Thursday, October 18, 2012
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The liner carrier Mediterranean Shipping Co. said Thursday it will provide a landbridge service from Philadelphia to New York to connect cargo carried from Oceania on a Maersk Line/Hamburg Sud joint service on which MSC takes slots. The 10-ship Oceania Express service has a rotation of Philadelphia, Charleston, Cartagena, Balboa, Auckland, Sydney, Melbourne, Port Chalmers, Napier, Tauranga, Auckland, Manzanillo (Panama), Cartagena, and Philadelphia. The landbridge ...
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| Alemán Zubieta to recieve Connie Award |
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Tuesday, October 16, 2012
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Alemán Zubieta Alberto Alemán Zubieta, the former administrator of the Panama Canal, will be presented with the Container and Intermodal Institute's "Connie Award" on Dec. 10 during a luncheon in Newark, N.J. The $5.25 billion canal expansion project, which began under Alemán Zubieta's leadership, will double the waterway's capacity and involves construction of a new set of locks to allow the transit of longer and wider ships. The canal's entrances at the Atlant...
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| German lines slow joint Med-WCNA loop |
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Thursday, October 11, 2012
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The ocean carriers Hapag-Lloyd and Hamburg-Süd have added an 11th vessel to their weekly Mediterranean-to-West Coast North America MPS service and increased roundtrip voyage time from 70 days to 77 days. Transit times in both directions on the service have been increased by a few days, now taking 26 days from the last call out of the Mediterranean at Valencia, Spain, to Los Angeles and 27 days from Los Angeles to the first port in at Tangiers, Morocco, on the return leg.&n...
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| Panama Canal sets new tonnage record |
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Wednesday, October 10, 2012
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The Panama Canal Authority said a record amount of shipping passed through the waterway during the fiscal year that ended Sept. 30. The canal uses an unsual measurement known as "Panama Canal tons" to measure volumes, but said ships with 333.7 million Panama Canal tons (PC/UMS) used the waterway, 3.6 percent more than 322.1 million PC/UMS last year. (Under PC/UMS, a mathematical formula is applied to the vessel's total volume or cargo carrying capacity.) Durin...
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| Zim rationalizes Americas services |
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Friday, September 28, 2012
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The liner carrier Zim said earlier this week that it has joined a Mediterranean Shipping Co.-operated service between the east coast of South America and the U.S. East Coast. The move dovetails with a decision by Zim and MSC to shelve their jointly-operated east coast South America/U.S. Gulf service, which Zim calls SAX. The service Zim will join is currently jointly operated by MSC and CSAV, an eight-ship loop with a rotation of Norfolk, New York, Baltimore, Savan...
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| Halifax port reaches out to Panama, China |
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Friday, September 28, 2012
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Earlier this month the Halifax Port Authority became the first Canadian port to sign a memorandum of understanding with the Panama Canal Authority. The document spells out how the two parties will cooperate to identify common business opportunities, exchange information and undertake joint marketing initiatives. The Panama Canal Authority has similar arrangements with many U.S. ports, primarily on the East and Gulf coasts. The arrangements have increased...
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| King Ocean acquires Bernuth assets |
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Wednesday, September 26, 2012
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King Ocean Services has acquired assets of Bernuth Lines, and is adding service between the United States and 17 markets in the Caribbean and Latin America. The deal is a major expansion for King Ocean, which has been operating eight ships in services to Aruba, Curacao, and Bonaire and to Colombia, Costa Rica, Guatemala, El Salvador, Honduras, Panama and Venezuela. “For us it is a completely new service, there is no overlap,” said Franco Da Costa Gomez, a spoke...
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| MSC raising Asia-Latin America rates |
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Wednesday, September 26, 2012
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The liner carrier Mediterranean Shipping Co. said Tuesday it plans to raise rates from the Far East to Mexico and the west coasts of South and Central America from Oct. 6. The increase is $500 per 20-foot container and $1,000 per 40-foot or 40-foot high-cube container.
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| Maersk hiking Asia-C.America rates |
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Tuesday, September 25, 2012
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Maersk Line said Tuesday it plans to increase rates on shipments from Asia to Central America and the Caribbean. From Hong Kong, Indonesia, Japan, South Korea, Malaysia, Philippines, Singapore, Thailand, Vietnam and Cambodia to the Dominican Republic, Haiti, Jamaica, Venezuela, Trinidad and Tobago, and Panama, the increase is $560 per 20-foot container and $800 per 40-foot or 40-foot high-cube container, and $455 per 20-foot container and $650 per 40-foot or 40-foot h...
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