|
|
|
|
|
|
| April liner reliability in eye of beholder |
|
Wednesday, May 16, 2012
|
|
Liner schedule reliability either declined or improved in April, depending on the measure you use. Drewry Maritime Research reported Wednesday that global schedule reliability improved 2.9 percent to 72.3 percent during the month. But SeaIntel Maritime Analysis said global reliability fell from 79 percent to 78 percent in the month. “At a trade lane level, significant increases in timely arrivals were seen in the main hauls from Asia to Europe and North America, whe...
|
| LA volume up 14.5% in April |
|
Wednesday, May 16, 2012
|
|
The Port of Los Angeles set a container volume record for April, according to statistics released by the port Tuesday. The port, the biggest in the Western Hemisphere, had volume of 707,182 TEUs in the month, a 14.5 percent year-on-year increase. Import volume rose 16.7 percent to 364,555 TEUs, while exports rose 11.6 percent to 186,838 TEUs. Year-to-date total volume at Los Angeles is up 6.1 percent to nearly 2.6 million TEUs. The neighboring Port of Lon...
|
| Maersk Line sustains $571 million 1Q loss |
|
Wednesday, May 16, 2012
|
|
Maersk Line had operating losses of $571 million in the first quarter, a more than $1 billion slide from the $451 million the line made in the corresponding quarter in 2011, the line’s parent company said Wednesday. Liner revenue rose 7.4 percent to $6.3 billion, while container volume rose 22 percent to 4.4 million TEUs in the first quarter. The poor performance from the liner division saw A.P. Moller-Maersk Group operating profits recede 44.5 percent year-on-year,...
|
| NYK modifies chassis provisions in PNW |
|
Wednesday, May 16, 2012
|
|
NYK Line (North America) Inc. said it has begun the process of no longer providing chassis in certain markets, and said on July 1 the policy will be extended to the Tacoma, Seattle, and Portland markets. The liner company said "the change is designed to build efficiencies while minimizing the environmental impact of having a large number of chassis that are used intermittently and have to be stored and moved." NYK said it believes "this policy change will not only ...
|
| St. Lawrence Seaway’s ‘solid start’ |
|
Wednesday, May 16, 2012
|
|
Overseers of the St. Lawrence Seaway’s operations said steel and construction industries, with their increased demand for North American commodities such as iron ore, stone and cement, has ensured a “solid start” for the 2012 shipping season. The St. Lawrence Seaway reported that year-to-date total cargo shipments for the period March 22 to April 30 were 4.4 million metric tons, up 2.24 percent over the same period in 2011. “Coal shipments, the seaway’s second larg...
|
| Virginia container volume up 3rd straight month |
|
Wednesday, May 16, 2012
|
|
The Port of Virginia said Tuesday its container volume rose 5.2 percent year-on-year in April to 169,644 TEUs. It’s the third consecutive month of year-on-year growth for the port. Year-to-date volume has grown 2.1 percent in 2012 to 647,713 TEUs. The port said its rail volume rose 19.8 percent in April to 29,823 TEUs. Year-to-date intermodal volume has risen 10.7 percent to 115,573 TEUs.
|
| FMC reviews 6 OTI license applications |
|
Wednesday, May 16, 2012
|
|
The U.S. Federal Maritime Commission has received six license applications and changes for review. The FMC received non-vessel-operating common carrier/ocean freight forwarder license applications from NC Freight & Logistics, Miami (Lorenzo J. Colina, member); and Rockin Boxes Global, Valencia, Calif. (Omar Cantos, vice president). The agency also received license change requests for qualified individuals from Data Freight, Inglewood, Calif. (Edison Chen, manag...
|
| EU forces hit Somali pirates ashore |
|
Tuesday, May 15, 2012
|
|
The European Union Naval Force has attacked pirate bases in Somalia for the first time. In a press release, EU Navfor said it "conducted an operation to destroy pirate equipment on the Somali coastline." Broadcaster BBC said EU forces were transported by helicopter to the pirate bases near the port of Haradhere and destroyed several boats. The attack followed a March 23 decision by the Council of the European Union to allow the EU Naval Force to take disruption act...
|
| New MOL service nets Virginia first-in call |
|
Tuesday, May 15, 2012
|
|
A new MOL/Evergreen Asia-U.S. East Coast service announced last week includes an unusual rotational characteristic – a first-in call at the Port of Virginia. The 10-ship service, dubbed SVS by MOL, has a rotation of Hong Kong, Yantian, Singapore, Algeciras, Norfolk, Savannah, Jacksonville, Charleston, Algeciras, Singapore, Cai Mep, and Hong Kong. According to American Shipper liner affiliate ComPair Data , of the 13 container services that currently connect the Far...
|
| Long Beach celebrates Middle Harbor project |
|
Tuesday, May 15, 2012
|
|
Maritime industry and civic leaders attended a ceremony Monday at the Port of Long Beach to mark the official start of the $1.2 billion Middle Harbor redevelopment project. The event was highlighted by driving a commemorative "golden pile" into the base for a new wharf being built, according to a port news release. Last month, Hong Kong-based OOCL and its local terminal arm finalized a 40-year, $4.6 billion lease of the redeveloped terminal originally...
|
| Hanjin joins Asia-Europe increase brigade |
|
Tuesday, May 15, 2012
|
|
The liner carrier Hanjin Shipping said Tuesday that it will impose rate increases on the Asia-Europe trade from June 1. The increases, $350 per TEU and $700 per FEU, is applicable to origin ports in Japan, as well as dry and reefer cargo.
|
| MSC ship suffers explosion off Puerto Rico |
|
Tuesday, May 15, 2012
|
|
The U.S. Coast Guard said it's monitoring salvage efforts on the 900-foot container ship MSC Idil after an explosion that occurred on Friday. The ship was about 60 miles north of Puerto Rico, in transit to Barcelona, Spain when the explosion happened. The Coast Guard said it has not been on the ship, but was told the likely cause involved welding. The Coast Guard cutter Key Largo is on scene with the MSC Idil ready to provide any rescue assistance, while monitoring...
|
| SeaIntel: Weekly Asia-Europe capacity swings significant |
|
Monday, May 14, 2012
|
|
The maritime analyst SeaIntel said significant swings in the weekly capacity deployed by liner carriers on the Asia-Europe trade have an ongoing impact on the trade’s supply/demand balance. “Out of all Asia-Europe services, only one service utilizes vessels of the same size,” SeaIntel said in its weekly SeaIntel Sunday Spotlight. “The remaining services use vessels of varying sizes. This results in a significant week-on-week variability of the capacity in the Asia-Europe trade, ...
|
| SC Line's ro/ro service starts at Port Everglades |
|
Monday, May 14, 2012
|
|
SC Line has begun a new service catering to shippers of new and used vehicles, boats and heavy equipment from Port Everglades, Fla., to Colombia, Panama and the Dominican Republic. “We are a very clean, boutique service, addressing the shipping needs of corporate truck and car manufacturers such as Navistar/International, Mack, Sofasa/Renault, VW, among others,” said Farid Escobar, SC Line’s South Florida manager, in a statement. “In line with our management's lo...
|
| Daewoo starts building 'Triple E' ship |
|
Monday, May 14, 2012
|
|
Press reports say Daewoo Shipbuilding and Marine Engineering has begun constructing the world's biggest container vessel for Maersk Line. South Korea's Chosun Ilbo newspaper and the wire service Agence France-Presse said Denmark's Crown Prince Frederik and his wife Mary attended a ceremony on Saturday marking the start of the vessel's construction at DSME's Okpo shipyard. It's the first of 20 such ships DSME is building for Maersk. The first ship is expec...
|
| Asia-Europe peak season fee for MSC |
|
Monday, May 14, 2012
|
|
The liner carrier Mediterranean Shipping Co. will implement a peak season surcharge on westbound Asia-Northern Europe shipments from June 1, the line said last week. The surcharge , $350 per TEU, is applicable from destination ports in Asia from Japan through Bangladesh. The line also said it will seek to raise rates on the trades from Asia to Mexico and the west coasts of South America and Central America. The increases , effective from June 15, are $500 per 20-fo...
|
| Influential shipper Cambon dies |
|
Monday, May 14, 2012
|
|
Cambon Jean-Louis Cambon, the influential chairman of the European Shippers’ Council’s Maritime Transport Council, and a major advocate for global shippers, died at age 59, the council announced last week. Cambon, who was also head of the ocean management committee for tire manufacturer Michelin, had cancer. “Jean-Louis was major figure in the liner shipping arena, often out-spoken, always considerate of all positions in the arguments and issues whic...
|
| ABS offers mobile suite |
|
Monday, May 14, 2012
|
|
ABS, a provider of classification services to the marine and offshore industry, has launched a new product suite aimed at improving transmission of its vessel classification data. The ABS Connect system originally includes a new app and mobile Website, and hopes to add more in-depth information. In London this morning, ABS Chief Technology Officer Todd Grove introduced the company’s new mobile Website along with the ABS Bookshelf application. Bookshelf, ...
|
| Hanjin loses $209 million in 1Q |
|
Friday, May 11, 2012
|
|
The container shipping division of liner carrier Hanjin Shipping slumped to a $209 million operating loss in the first quarter of 2012, a huge drop from the $28.3 million it lost in the same quarter in 2011. Hanjin’s liner revenue fell 0.3 percent year-on-year in the quarter to $1.6 billion, despite container volume rising 7.4 percent to just more than 1 million TEUs. Hanjin’s group figures were slightly better, thanks to profitable performances from its bulk divis...
|
| DHS waives deadline for 100% box scans |
|
Friday, May 11, 2012
|
|
Homeland Secretary Janet Napolitano has formally notified Congress that her department will postpone by two years the mandate that all inbound ocean containers be scanned for hidden nuclear weapons or other terror-related contraband at foreign ports by July 2012. The 9/11 Recommendations Act that required the 100-percent inspections included authority for the secretary to waive the deadline under certain conditions. In a May 2 letter to the House and Senate Homelan...
|
| MOL, Evergreen target Southeast with new string |
|
Friday, May 11, 2012
|
|
Ocean carriers MOL and Evergreen Line said Thursday they will start a new weekly service next month linking major Asian ports and ports in the U.S. Southeast via the Suez Canal. MOL calls this the South China/Vietnam – the U.S. South East Coast or "SVS" service, while Evergreen designates it the Asia-U.S. East Coast Service 3 or "AUE3." Ten ships of 4,500 to 5,600 TEUs each will be deployed in the joint service, with MOL providing nine ships and Evergreen one....
|
| CSAV 1Q losses narrow marginally |
|
Friday, May 11, 2012
|
|
The liner carrier CSAV said Friday it had operating losses of $175.6 million in the first quarter, a slight decline from the $182 million it lost in the same period in 2011. Operating revenue in the quarter fell 42.7 percent year-on-year, to $832 million, largely a result of CSAV cutting its operating fleet and withdrawing from a host of services. The line’s container volume fell to 499,800 TEUs (a 43 percent fall exactly in line with its revenue decline) suggestin...
|
| COSCO raising rates from Asia |
|
Friday, May 11, 2012
|
|
COSCO Container Lines has announced a series of planned rate hikes in major trades over the next few weeks. The increases are: $400 per TEU and a $300-per-TEU peak season surcharge from the Far East to the Persian Gulf on June 1. $200 per TEU from the Far East to the Indian Subcontinent. $600-per-FEU peak season surcharge from Asia to the United States and Canada (the fee is $480 for 20-foot containers, $675 for 40-foot high-cube containers, and $760 per 45-foot container).&nbs...
|
| Global details Bayonne terminal expansion |
|
Thursday, May 10, 2012
|
|
Global Container Terminals has announced plans for a multimillion-dollar expansion to its Global Terminal in Bayonne, N.J. that it said will make it one of the most technologically advanced container facilities in the country. James J. Devine, president and chief executive officer of Global Container Terminals USA, said the expansion will add 70 acres to Global Terminal’s existing 99 acres, and increase annual capacity from about 400,000 to 1 million container lifts (1.7 millio...
|
| Cargotec shuffles VPs |
|
Thursday, May 10, 2012
|
|
Cargotec has changed the roles of several executives to further implement its marine and terminal business strategy. In specific, Cargotec aims to grow its marine activities in Asia, especially in offshore, and accelerate the improvement of its terminal business to enable growth. Chief Operating Officer Pekka Vauramo has been appointed executive vice president for marine, effective Aug. 1. He will continue as deputy to President and Chief Executive Officer Mikael M...
|
| FMC reviews 11 OTI license applications |
|
Thursday, May 10, 2012
|
|
The U.S. Federal Maritime Commission has received 11 license applications for review. The FMC received non-vessel-operating common carrier license applications from Four Points Ocean, Woodbridge, N.J. (Joseph Felitto, president); Senderex Cargo, Los Angeles (Roger C. Anderson, chief executive officer); and Worldwide Cargo Services, Lawrence, N.Y. (Scott Halfon, treasurer). The agency received NVO-ocean freight forwarder license applications from DTS World Carg...
|
| U.S.-EU ink cooperation pact for trusted traders |
|
Thursday, May 10, 2012
|
|
U.S. and European Union customs officials have finalized an agreement to treat qualified shippers in their respective supply chain security programs as equivalent to their own, but a wide range of technical details must still be worked out before low-risk companies can enjoy reduced fees and inspection levels for ocean freight. Under the agreement signed last Friday, Customs and Border Protection will recognize voluntary participants in the EU's Authorized Ec...
|
| Horizon projects modest growth in 2012 |
|
Thursday, May 10, 2012
|
|
Horizon Lines reported a net loss from contiinuing operations for the first quarter ending March 25 of $26.8 million, compared to $20.2 million in the same 2011 period. Revenue was $263.4 million in the first quarter, compared to $240.7 million recorded in the first quarter of 2011. Including discontinued operations, such as the transpacific FSX service to Guam and Asia which ended last year, and logistics operations, the loss was $32.5 million ...
|
| Hapag-Lloyd sustains big hit in 1Q |
|
Thursday, May 10, 2012
|
|
The liner carrier Hapag-Lloyd sustained operating losses of $132.9 million in the first quarter, underlining how difficult the quarter has been for liner carriers. Hapag-Lloyd was one of a few lines to have been profitable in 2011, but succumbed quickly in 2012 to poor rate environments and rising bunker costs. The German line described the result as “unsatisfactory.” Hapag-Lloyd’s revenue increased 8 percent year-on-year to $2.1 billion on container volume that ro...
|
| Matson benefits from Horizon's Guam exit |
|
Thursday, May 10, 2012
|
|
Matson Navigation Co. saw a near doubling of its business between the U.S. West Coast and Guam in the first quarter of 2012 when compared to 2011 because of the decision by Horizon Lines to withdraw from the market. The Oakland-based company moved 6,400 containers in the first quarter of 2012, compared to 3,300 in the same 2011 period. Alexander and Baldwin, the parent of Matson, reported on Wednesday a profit of $3.8 million in the first quarter ending March ...
|
| MOL exec explains pricing variations |
|
Thursday, May 10, 2012
|
|
The U.K. managing director for container line MOL laid out the reasons why different shippers receive significant variations in price quotes from different shipping lines. “Calculating a realistic price for a container movement can be very complex – it depends on how full the ship is, the price of fuel, how fast it sails, how long a container might stay in the port and so on,” said MOL’s Adrian Jones, speaking at a multimodal exhibition in Birmingham, United Kingdom. “With the ...
|
| Capo doesn't think ILWU will join ILA fight |
|
Wednesday, May 09, 2012
|
|
The chief negotiator for U.S. East Coast and Gulf terminal operators and ocean carriers in ongoing contracts discussion with the International Longshoremen’s Association (ILA) said Tuesday he didn’t think unionized dockworkers at U.S. West Coast ports would join ILA members if they strike this fall. The ILA and United States Maritime Alliance (USMX), representing terminal operators and ocean carriers in collective bargaining, are negotiating a new multiyear contract, with the cu...
|
| APL loses $246 million in 1Q |
|
Wednesday, May 09, 2012
|
|
The liner carrier APL lost $246 million from continuing operations in the first quarter, a massive drop from the $8 million it lost in the corresponding period in 2011, Singapore-based parent company NOL said Wednesday. APL saw revenue drop 4 percent year-on-year in the first quarter to $2 billion, while container volume increased 4 percent to 791,000 TEUs. Average revenue per TEU fell 7 percent to $2,420, while average bunker prices in the quarter rose 31 percent ...
|
| CKYH to add all-water loop next week |
|
Wednesday, May 09, 2012
|
|
The CKYH Alliance said Wednesday it will add a transpacific all-water loop from May 18 as part of adjustments to its Asia-U.S. East Coast service network. It will be the fifth loop on the trade offered by the four carriers, COSCO Container Lines, Hanjin Shipping, Yang Ming, and “K” Line. The lines have also made small rotational tweaks to two other services. The updated service network will include: AWE-1, with a rotation of Ningbo, Shanghai, Busan, New York, Wilmin...
|
| TSA to seek peak season fee in June |
|
Wednesday, May 09, 2012
|
|
Liner carrier members of the Transpacific Stabilization Agreement will seek a $600-per-FEU peak season surcharge from June 10. The surcharge, announced by TSA on Tuesday, comes amid signs that the U.S. economy, and resultant containerized cargo demand, is incrementally improving. The surcharge, which will be assessed at proportionate levels for other equipment sizes, is intended to cover “extraordinary seasonal costs associated with anticipated cargo surges,” s...
|
| Domestic volumes buoy intermodal |
|
Wednesday, May 09, 2012
|
|
Domestic intermodal volumes continued their upward climb in the first quarter of 2012, according to the latest figures from the Intermodal Association of North America. Domestic volumes soared 14.9 percent in the quarter, to nearly 1.3 million containers. IANA attributed the rise to market share growth from trucking, “as trucking capacity was tight during the quarter and diesel prices resumed their rise after softening in Q4 2011." International intermodal volume r...
|
| Maersk/Seago slow Europe/Med loop, add Limassol |
|
Wednesday, May 09, 2012
|
|
The ocean carrier Maersk Line, along with its intra-Europe affiliate Seago Lines, has added a new port call at Limassol, Cyprus, and a fifth vessel to their weekly "North Sea" service between North Europe and the East Mediterranean. Roundtrip voyage time on the North Sea has increased from 28 days to 35 days, and transit times in both directions have been increased by a few days, now taking 11 days between Antwerp and Alexandria, Egypt, and 10 days between Ashdo...
|
| Evergreen joins Maersk's WCCA |
|
Wednesday, May 09, 2012
|
|
The ocean carrier Evergreen Line will begin a slot charter agreement with Maersk Line on the latter's weekly West Coast North America to Central America service WCCA. The first sailing will depart Manzanillo, Mexico May 19 on the Helene S . The full rotation of the WCCA remains Los Angeles, Manzanillo (Mexico), Lazaro Cardenas, Puerto Quetzal, Acajutla, Corinto, Balboa, Puerto Caldera, Acajutla, Puerto Quetzal, Lazaro Cardenas, Manzanillo, Ensenada, and Los An...
|
| Widdows urges fuel-efficient vessel orders |
|
Wednesday, May 09, 2012
|
|
Widdows Rickmers Holding Chief Executive and former NOL President and Chief Executive Officer Ron Widdows said shipping lines need to look squarely at ordering ships with better fuel efficiency in a recent interview with Singapore’s Business Times . Widdows, who left Singapore-based NOL last year, downplayed the idea that liner carriers have ordered too many ships. "Despite people thinking there are too many assets (ships) already, there will be a need for more," W...
|
| Emirates hiking Asia export rates |
|
Wednesday, May 09, 2012
|
|
Emirates Shipping Line said Tuesday it plans to hike rates on trades from Asia to the Indian Subcontinent, Middle East, and Africa from May 15. The increases are $250 per TEU from the Far East and Southeast Asia to East Africa, and $300 per TEU from the Far East and Southeast Asia to the Indian Subcontinent and Middle East.
|
| NYK joins RCL in SE Asia/China feeder |
|
Wednesday, May 09, 2012
|
|
NYK Line said Tuesday it will start a new service between Thailand, Vietnam, and China with Thailand-based intra-Asia-carrier Regional Container Lines (RCL) and drop an existing joint service with Vietnam state-owned carrier Vinalines. The new service, which NYK will call TVC, will have a rotation of Bangkok, Laem Chabang, Haiphong, Shekou, Hong Kong, Haiphong, Hong Kong, Shekou, and Bangkok. It will be operated by three 1,000-TEU ships, two from RCL and one from NYK. &nbs...
|
| CaroTrans opens Seattle office |
|
Wednesday, May 09, 2012
|
|
Non-vessel-operating common carrier CaroTrans has opened an office in Seattle, the company said Tuesday. The office, the NVO’s 14th U.S. branch, will provide less-than-containerload, full-containerload, and breakbulk services. CaroTrans said it expects further expansion in 2012, with new office openings in the U.S. Midwest, and in global locations. “We are committed to opening offices where our customers are located to better serve their...
|
| Hapag-Lloyd drops slots on Hyundai's KMS |
|
Tuesday, May 08, 2012
|
|
The ocean carrier Hapag-Lloyd has ended its slot charter agreement with Hyundai Merchant Marine on the latter's weekly Asia-Middle East feeder service KMS. The last sailing will depart Gwangyang, Korea May 9 on the Hyundai General . The service operates with six Hyundai vessels with an average capacity of 5,992 TEUs and the rotation of the KMS remains Gwangyang, Busan, Ningbo, Keelung, Yantian, Hong Kong, Singapore, Port Kelang, Dubai, Bandar Abbas, Karachi, Singapore, Hong Kon...
|
| Regal Logistics starts chassis pool service |
|
Tuesday, May 08, 2012
|
|
Using a newly purchased chassis pool, third-party logistics service provider Regal Logistics said it is now ready to meet demand requirements for on container transport service at piers in the U.S. Pacific Northwest, including the ports of Tacoma and Seattle. The company said it is responding to a market vacuum as steamship lines eliminate chassis provisions at ports to cut costs, a trend it said is already affecting operations on the West coast. “In mos...
|
| Evergreen chairman honored in Japan |
|
Tuesday, May 08, 2012
|
|
Chang In recognition of his contributions to assist the reconstruction of Japan following the March 2011 earthquake and tsunami, Evergreen Group Chairman Yung-Fa Chang was honored Tuesday with the Order of the Rising Sun, Gold and Silver Star during an award ceremony at the Tokyo Imperial Palace. The Japanese government also honored Chang for his achievements in improving the international transportation industry and enhancing development of Japan's economy and the relationship betwe...
|
| Troy starts Chicago-to-Rotterdam service |
|
Tuesday, May 08, 2012
|
|
Non-vessel-operating common carrier Troy Container Line has started a new less-than-containerload service from Chicago to Rotterdam. The direct, 16-day service will begin on May 21 with a sailing on board the APL Melbourne . Also included are reduced rates to Hungary, Ireland and Prague from the Midwest, the Red Bank, N.J.-based NVO said. Patricia L. Fitzgerald, Troy Container’s chief operating officer of exports, said the NVO will distinguish the service from its ...
|
| Great Lakes coal drops 3.8% in April |
|
Tuesday, May 08, 2012
|
|
Shipments of coal on the Great Lakes totaled 2.2 million tons in April, a decrease of 3.8 percent compared to a year ago. However, when compared to its 5-year average, the trade was down nearly 27 percent, said the Cleveland-based Lake Carriers’ Association. The trade group said loadings at Lake Superior ports increased by nearly 10 percent, but shipments from Chicago fell by a third, while Lake Erie ports were off 12.3 percent, or 90,000 tons. Year-to...
|
| WNS pairs with GT Nexus |
|
Tuesday, May 08, 2012
|
|
WNS Holdings Limited, a provider of global business process outsourcing (BPO) services, has entered a partnership with GT Nexus, which provides cloud-based supply chain services, on a new platform-based BPO offering to shippers and the logistics industry. The companies have agreed to jointly develop the service around documentation, freight management, contracts, pricing, and analytics with the ultimate goal of improving services and lowering costs. “The ...
|
| WTSA recommends rate hikes for meat, poultry, hides |
|
Tuesday, May 08, 2012
|
|
The Westbound Transpacific Stabilization Agreement (WTSA), a group of 10 liner carriers, have recommended increasing freight rates for frozen and chilled beef, pork and poultry, as well as animal hides, to coincide with upcoming contract renewals for those cargoes. Effective July 1, WTSA member lines have recommended increases to existing rates of $300 per 40-foot container (FEU) from the U.S. West Coast, and $400 per FEU for intermodal and U.S. East Coast all-water shipments, w...
|
| MarAd posts guidance on Ex-Im Bank financing |
|
Tuesday, May 08, 2012
|
|
The Maritime Administration has posted guidance for shipments financed by the U.S. Export-Import Bank, as the House of Representatives is expected to take up Wednesday a bipartisan proposal for continued bank funding. MarAd describes its standard procedures for facilitating Ex-Im Bank cargo on U.S.-flag vessels, certification of U.S.-flag vessel non-availability, and reconsideration of the agency's determinations. In the fiscal year ending Sept. 30, 2011,...
|
| ILWU's McEllrath stands with ILA in dock talks |
|
Tuesday, May 08, 2012
|
|
International Longshore and Warehouse Union President Robert McEllrath on Tuesday issued a strong statement supporting U.S. East and Gulf coast dockworkers in their talks with maritime employers, saying the two unions have similar goals and depend on solidarity to ensure strong contracts on both coasts. The International Longshoremen's Association and the United States Maritime Alliance (USMX), representing terminal operators and ocean carriers in collective bargaining, are...
|
| Safety at Sea Seminar set for May 21 |
|
Tuesday, May 08, 2012
|
|
The North American Marine Environment Protection Association (NAMEPA) will hold a seminar on safety at sea in Washington May 21. The seminar, titled “Environmental Intelligence in Maritime: Safety at Sea” will feature discussions of shipboard safety, piracy, and an update on issues for seafarers and will begin at 3 p.m. at the National Press Club in Washington. Panelists will include Coast Guard Vice Adm. Brian Salerno; Michael Bohlman of Horizon Lines; Benjamin St...
|
| Panama approves new Colon container terminal |
|
Tuesday, May 08, 2012
|
|
The Panama Maritime Authority (AMP) has granted permits to a private development group for the construction and operation of a new container terminal to be built at the Atlantic entrance of the Panama Canal. With an estimated construction value exceeding $600 million, the Panama Colón Container Port said the facility will have four berths and is expected to have annual capacity for 2 million TEUs. The terminal property is located on the same location as the former U.S. military...
|
| Long Beach finds contractor for bridge project |
|
Monday, May 07, 2012
|
|
The Port of Long Beach and California Department of Transportation have identified a $649.5 million bid from a joint venture as the best option for designing and building a replacement for the aging Gerald Desmond Bridge. The joint venture's major partners are Shimmick Construction Co. Inc., Oakland, Calif.; FCC Construction S.A., based in Madrid; Italy's Impregilo S.p.A.; San Francisco-based Arup North America Ltd.; and Biggs Cardosa Associates Inc., San Jose, Calif....
|
| NWA adds calls on TP loop |
|
Monday, May 07, 2012
|
|
The New World Alliance carriers have amended the rotation of their PSX transpacific loop, according to a notice from NWA member MOL. In specific, the PSX added calls at Seattle, Vancouver, Tokyo, and Yantian with an aim of providing “competitive transit times and cut-offs for cargo from the Pacific Northwest.” The revised rotation is now Laem Chabang, Cai Mep, Hong Kong, Yantian, Los Angeles, Oakland, Seattle, Vancouver, Tokyo, Yantian, Hong Kong, and...
|
| Maersk withdraws Europe-WCSA loop |
|
Monday, May 07, 2012
|
|
The ocean carrier Maersk Line said Friday it will shutter its Andean service between Northern Europe and the west coast of South America. The line said the service has become too expensive to maintain, and ports in Peru and Chile served directly through the Andean loop will be covered by transshipment in Balboa, Panama. “A downward trend in freight levels for a number of years, combined with increasing costs due to rise in bunker prices this year, ha...
|
| APL receives largest, most advanced ship |
|
Monday, May 07, 2012
|
|
APL said its largest and most advanced ship, the 10,700-TEU APL Southampton , called on the Port of Singapore during its maiden voyage Monday. APL noted the ship has a number of environmental-friendly features, including a ballast water treatment system and an electronically-controlled main engine. "We are modernizing our fleet with more sustainable and more efficient ships," said APL President Kenneth Glenn, in a statement. "All our new ve...
|
| Zim downgraded by S&P |
|
Monday, May 07, 2012
|
|
The Israeli branch of the ratings agency Standard & Poor’s has downgraded the bond rating of the liner carrier Zim. The downgrade took Zim’s rating to ilB, with a negative outlook. On Monday, Zim hit back against the rating, saying the S&P Maalot downgrade ignores measures the line has taken to shore up its bottom line. “S&P’s rating methodology and rational for the bond rating downgrade, do not take into account a serie...
|
| Maersk's Andersen back from medical leave |
|
Monday, May 07, 2012
|
|
A.P. Moller Maersk Group Chief Executive Nils Andersen has returned to his position after a four-month leave to recover from corrective heart valve surgery, the company said Monday. “Having participated in a number of meetings and having been updated on our activities during the last couple of weeks, I am now ready to return to work,” Andersen said in a statement. “The business has continued at full pace while I have been away. There is a lot of activity in our market...
|
|
|