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The latest
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News & Analysis
Exporters Charge Hapag-Lloyd With Unfair Treatment
R.G. Edmonson |
Two exporters filed a complaint with the Federal Maritime Commission alleging unfair treatment by Hapag-Lloyd America and two non-vessel-operating common carriers.
Maritime
Container lines
Forwarding
Ocean Carrier Executives Ask Congress for More Money
R.G. Edmonson |
Shipping executives say Congress should provide American maritime companies more financial support to improve the state of the U.S.-flag fleet.
Maritime
Container lines
Forwarding
Horizon to Stay in NY-NJ Port
Joseph Bonney |
Horizon Lines said Wednesday it will use Elizabeth, N.J., rather than Philadelphia, Pa., as its northeastern port for weekly sailings to San Juan, Puerto Rico.
Maritime
Container lines
Forwarding
NOL Orders 12 New Container Ships
Peter T. Leach |
Neptune Orient Lines said on Wednesday it placed an order for 10 new container ships with capacities of 8,400 20-foot-equivalent units.
Maritime
Container lines
Forwarding
Spider-Infested Cargo Ship Turned Back
JOC Staff |
Officials in Guam are investigating whether any of the thousands of spiders that poured out of a cargo ship at the port got onto land or posed a danger to the island’s environment and native spe
Maritime
Container lines
Forwarding
NOL Borrows $150 Million to Finance New Ships
Peter T. Leach |
Neptune Orient Lines, parent of APL, the world’s fourth-largest container line, entered an agreement with Oversea-Chinese Banking and ING Bank for a term loan of $150 million.
Maritime
Container lines
Forwarding
Container Ship Deliveries Hit Record 200,000 TEUs
Bruce Barnard |
Deliveries of new container ships will hit a record monthly high of 200,000 20-foot equivalent units in July, extending a year long influx of capacity that may stall the recent rise in ocean freight r
Maritime
Container lines
Forwarding
Maersk to Add Congestion Charge at Port Nehru
JOC Staff |
Maersk Line said it will apply a congestion surcharge on all import containers handled at India’s Port of Nhava Sheva (Jawaharlal Nehru), the country’s largest container gateway.
Maritime
Container lines
Forwarding
Hanjin Opens Total Terminal International in Algeciras
Bruce Barnard |
Hanjin Shipping plans to use its new container terminal at the southern Spanish port of Algeciras as a "beachhead" to challenge dominant European rivals on the West Africa and South America
Maritime
Container lines
Forwarding
APL Volume and Yield Jump in Latest Period
Peter T. Leach |
Container volume at APL grew 29 percent in the shipping line’s June reporting period over the same period a year ago, and yield advanced 32 percent as demand out of Asia picked up steam heading
Maritime
Container lines
Forwarding
MSC Adds Trans-Pacific Peak Surcharge
Peter T. Leach |
Mediterranean Shipping Co. will impose a peak season surcharge on all shipments from the Far East to the U.S. East and West Coasts effective Aug.
Maritime
Container lines
Forwarding
Legislation Oil Slick
R.G. Edmonson |
Ocean carriers are worried they may become collateral damage as Congress seeks revenge against British Petroleum.
Transport, Trade and Regulation News
Maritime
Container lines
Growth: How Sweet It Is
Joseph Bonney |
Life is becoming sweeter for container ship lines in general and Mediterranean Shipping Co. in particular.
Maritime
Container lines
Forwarding
CMA CGM Chief Financial Officer to Step Down
Bruce Barnard |
The chief financial officer of CMA CGM Jean Yves Schapiro will leave the company at the end of August, the French ocean container carrier said July 16.
Maritime
Container lines
Forwarding
Shipowners’ Charter Party
Bruce Barnard |
The container ship charter market is set for a summer-long rally as ocean carriers, struggling to boost capacity amid surging demand, compete for a shrinking supply of vessels for hire.
Maritime
Container lines
Forwarding
Evergreen, NYK to Stop Providing Chassis in US
Peter T. Leach |
Evergreen Line and NYK Line joined a growing list of carriers that are stopping providing chassis for import and export cargo in the United States.
Maritime
Container lines
Forwarding
Hapag-Lloyd Hikes India-South America Freight Rates
JOC Staff |
Hapag-Lloyd will apply a general rate increase on all cargo moving on its services from the Indian subcontinent and the Middle East to South America East Coast.
Maritime
Container lines
Forwarding
Hamburg Sud to Launch North Europe-Israel Loop
Peter T. Leach |
Hamburg Sud plans to end its joint service with Zim Integrated Shipping Services from North Europe to Israel in October and launch its own independent service.
Maritime
Container lines
Forwarding
Port Nehru Denies Reports of Congestion
JOC Staff |
India’s Port of Jawaharlal Nehru said operations at its three terminals improved considerably over the last two months.
Maritime
Container lines
Forwarding
Large Container Ships Make More Calls at Rotterdam
Joseph Bonney |
Very large container ships -- with capacities of more than 10,000 twenty-foot-equivalent units -- made 70 calls during the first half of this year at Rotterdam, where they loaded and discharged an ave
Maritime
Container lines
Forwarding
Maersk Orders 34 Slow Steaming Upgrade Kits
Bruce Barnard |
Maersk Line signed a contract with Finland’s Wartsila Corporation to install Slow Steaming Upgrade kits on 34 of its large ocean container vessels.
Maritime
Container lines
Forwarding
MOL Chooses Descartes for EU Security Filings
Peter T. Leach |
MOL selected Descartes Systems to help manage its container division's EU Import Control System customs filings.
Transport, Trade and Regulation News
Container lines
APL Adds Congestion Surcharge on Freight to India
JOC Staff |
Singapore-based ocean carrier APL said it will apply a congestion surcharge on all containerized cargo shipped from the Middle East to the Port of Nhava Sheva (Jawaharlal Nehru), India’s largest
Maritime
Container lines
Forwarding
A.P. Moller-Maersk Completes Sale of Norfolkline
Bruce Barnard |
A.P. Moller-Maersk completed the sale of its roll-on, roll-off freight shipping company Norfolkline to Danish shipping line DFDS on July 12.
Maritime
Container lines
CMA CGM Rejects Qatari Cash Injection
Bruce Barnard |
French ocean carrier CMA CGM rejected a capital injection from Qatar Holding and will search further for outside investors.
Maritime
Container lines
Forwarding
CMA CGM Christens Flagship
Peter T. Leach |
CMA CGM christened its gigantic flagship CMA CGM Christophe Colomb in ceremonies in Le Havre July 12.
Maritime
Container lines
Forwarding
CMA CGM Extends Black Pearl Service to South America
Peter T. Leach |
CMA CGM said it will extend its Black Pearl Service between ports on the East Coast of North America and the Caribbean to two new ports in Northern South America as of July 16.
Maritime
Container lines
Forwarding
OOCL Hikes Southeast Asia-Australia Freight Rates
Bill Mongelluzzo |
Orient Overseas Container Line effective Aug. 1 will increase its freight rates by $250 per TEU on shipments from Southeast Asia to Australia.
Maritime
Container lines
Forwarding
OOCL to Impose Montreal Low Water Surcharge
Peter T. Leach |
OOCL said Friday that it will put a surcharge on all cargo moving through the Port of Montreal as of July 19 because “reduced water depth negatively affects the loadable capacity of each sailing
Maritime
Container lines
Forwarding
Hanjin Moves to Resolve Container Dispute
Peter T. Leach |
Hanjin Shipping is moving to identify and isolate the 5,900 containers it leases from container lessor Unitas to protect its customers against any disruption from its legal dispute with Sumitomo Mitsu
Maritime
Container lines
Forwarding
Maersk Postpones Asia-Europe Peak Surcharge
Peter T. Leach |
Maersk Line confirmed that it is postponing by two weeks the implementation of the increase in the peak season surcharge on Asia-Europe cargo that it announced on June 15.
Maritime
Container lines
Forwarding
CMA CGM, APM Swap Terminal Stakes
Bruce Barnard |
French ocean carrier CMA CGM and APM Terminals, the Danish port operating company, traded stakes in container terminals in Dunkirk, France, and Mobile, Ala.
Maritime
Container lines
Forwarding
Hapag-Lloyd Executive Board Member Resigns
Peter T. Leach |
Hapag-Lloyd said Friday that Roland Kirch, a member of its executive board and director of development, markets and works, left the company at his own request on June 30.
Maritime
Container lines
Hapag-Lloyd Hikes India-Australia Freight Rates
JOC Staff |
Hapag-Lloyd will seek a general freight rate increase on all cargo moving on its services from the Indian subcontinent to Australia.
Maritime
Container lines
Forwarding
CMA CGM to Stop Providing Chassis in US
Peter T. Leach |
CMA CGM plans to gradually phase out providing chassis to truckers at terminals throughout the United States on a schedule starting on the East Coast in October and ending on the West Coast in March o
Maritime
Container lines
Forwarding
DHL Launches India-Los Angeles LCL Service
JOC Staff |
DHL launched direct less-than-container-load services connecting India’s largest container port of Nhava Sheva (Jawaharlal Nehru) to Los Angeles.
Maritime
Container lines
Forwarding
CSAV Adds Asia-South Africa Route
Joseph Bonney |
Chilean carrier CSAV will launch a weekly container ship service at the end of July to connect north and central China with South Africa.
Maritime
Container lines
Forwarding
Three Carriers Add Congestion Charge at Nehru Port
JOC Staff |
Three major ocean carriers covering the trade to and from India plan to impose an emergency congestion surcharge on all import containers handled at the Port of Nhava Sheva (Jawaharlal Nehru), the cou
Maritime
Container lines
Forwarding
A.P. Moller-Maersk Hikes 2010 Profit Forecast
Bruce Barnard |
A.P. Moller-Maersk raised its 2010 profit forecast, saying in a statement July 8 that an improvement at its ocean container carrier Maersk Line has been "greater than envisaged."
Maritime
Container lines
Forwarding
CMA CGM Hikes Rates Across Network
Bruce Barnard |
CMA CGM July 7 announced a series of rate hikes across its global liner network and confirmed a peak season surcharge on the Asia-North Europe route.
Maritime
Container lines
Forwarding
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