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Forwarding
News and analysis of freight forwarding, NVOCCs, third-party logistics, and shipper strategies
The latest
Forwarding
News & Analysis
State Seeks Bidders for Phila. Terminal
Peter T. Leach |
The Philadelphia Regional Port Authority, which last year postponed the bidding process for the design and construction of a new container terminal in the former Philadelphia Navy Yard, is again seeki
Maritime
Forwarding
North American ports
CMA CGM Projects $1.8 Billion Profit on Operations
Peter T. Leach |
CMA CGM, building on a $270 million profit the carrier showed in the first quarter, expects to earn $1.8 billion on its operations for the year as a whole, according to Philippe Soulie, CEO of the Fre
Maritime
Container lines
Forwarding
Maersk Maintains Lid on Capacity
Joseph Bonney |
Maersk Line is maintaining “tight management” of its vessel capacity despite rising cargo volume and rates, parent company A.P. Moller-Maersk said.<br /> <br />
Maritime
Container lines
Forwarding
Maersk Launches Direct Vietnam to U.S. Service
Peter T. Leach |
The Maersk Mathilde called at a port near Ho Chi Minh City Wednesday, as Maersk Line launched its new direct TP6 service between Vietnam and the U.S.
Maritime
Container lines
Forwarding
Seaspan Lost $36.6 Million in First Quarter
Peter T. Leach |
Seaspan lost $36.6 million in the first quarter ended March 31, compared to the profit of $24.2 million in the same period last year, the Hong Kong-based charter shipowner reported.<br /> <br />
Maritime
Forwarding
Hapag-Lloyd Returns to Profit
Bruce Barnard |
Hapag-Lloyd made a profit in the first three months of 2010 as increased cargo volume and higher freight rates ended a run of five consecutive quarters in the red.<br /> <br />
Maritime
Container lines
Forwarding
Carriers Maximizing Space, says Agility Executive
Bill Mongelluzzo |
At a time when vessel space in the trans-Pacific is at a premium, carriers value those customers that accurately predict their slot requirements and then meet those commitments throughout the life of
Maritime
Forwarding
Widdows, Hemingway to Receive Connie Awards
Bill Mongelluzzo |
Ron Widdows, president and chief executive officer of NOL Group, and John Hemingway, chief executive officer and president of SSA Marine/Carrix, have been chosen as recipients of the 2010 Connie Award
Maritime
Container lines
Forwarding
A.P. Moller-Maersk Returns To Profit
Bruce Barnard |
A.P.
Maritime
Container lines
Forwarding
CMA CGM Delays, Cancels 42 Ship Orders
Peter T. Leach |
CMA CGM reached agreement with five South Korean shipyards that were building its orders for 42 new containerships to postpone delivery of 30 vessels that had been scheduled for delivery in 2010 throu
Maritime
Container lines
Forwarding
Pep Boys Paying $5 Million Penalty for Imports
John D. Boyd |
Automotive and hardware retailer Pep Boys will pay $5 million in civil penalties under a settlement in what the Environmental Protection Agency says is its largest case ever involving imported vehicle
Transport, Trade, and Regulation News
Forwarding
CMA CGM, Maersk Add Joint Asia-Europe Service
Peter T. Leach |
CMA CGM and Maersk Line plan to launch a new weekly service in time for peak season, reflecting the recovery in demand on one of the world’s largest trade lanes.<br /> <br />
Maritime
Container lines
Forwarding
Four Lines Launch Asia-Europe Service
JOC Staff |
A consortium of Hanjin Shipping, Hyundai Merchant Marine, Yang Ming Line and United Arab Shipping Company will launch a container service between Asia and Southern Europe, starting at the end of May.<
Maritime
Container lines
Forwarding
Container Ship Charter Rates Accelerate
Bruce Barnard |
Container ship charter rates are rallying strongly, growing an average of nearly 27 percent for some vessels in the past month, as ocean carriers scramble for extra capacity amid a strong rebound in c
Maritime
Forwarding
Prince Rupert Containers Jump 87 Percent
Courtney Tower |
Container traffic between China and the British Columbia port of Prince Rupert soared in the first quarter of this year, up 87.3 percent from the same period last year, the Prince Rupert Port Authorit
Maritime
Forwarding
Thamesport Receives Post-Panamax Crane
Peter T. Leach |
London Thamesport took delivery of a new ship-to-shore gantry crane manufactured by Zhenhua Port Machinery Company of Shanghai.
Maritime
Forwarding
Hanjin Reduces First-Quarter Loss
Peter T. Leach |
Hanjin Shipping lost $118 million in the first quarter ended March 31, down from the $191 million loss it suffered in the first quarter last year, and substantially lower than the $239 million it lost
Maritime
Container lines
Forwarding
Conti’s History
x |
Conti-lines dates back to 1923. The Antwerp-based vessel operator was originally known as Continental Lines and operated two vessels in a service between Antwerp and London. <br /> <br />
Forwarding
Water Works
Joseph Bonney |
Water covers up to 75 percent of the Earth, but only a tiny fraction is fit to drink.
Forwarding
On the Rebound
William Armbruster |
Reliance on a single cargo can be risky, but in the case of Conti-Lines, a focus on steel is helping speed the Antwerp-based multipurpose carrier’s recovery from the global recession, according
Forwarding
Mitigating Risk
Janet Nodar |
Project forwarders today are finding themselves shouldering an increasing level of risk compared to the rest of the supply chain, logistics executives concur.
Forwarding
MPVs Muscle Up
Janet Nodar |
The breakbulk sector of the shipping industry, as fragmented as the view through a kaleidoscope, has always been opaque and difficult to quantify.
Forwarding
Moving Air
Janet Nodar |
The transportation of wind energy components stalled out in 2009 along with other shipments in the project cargo sector, but the market is stirring back to life.
Forwarding
Asian Ambition
Janet Nodar |
Opportunity beckons in the Asian and Australian project cargo markets, and heavy-lift carriers including Coscol, SE Shipping and Austral Asia Line are positioning themselves to participate. <br />
Forwarding
Modular Evolution
Janet Nodar |
Not too long ago, a “heavy-lift” cargo referred to a piece weighing as much as 100 tons.<br /> <br />
Forwarding
Are we there yet?
Janet Nodar |
In these imprecise economic times, the future of the breakbulk and heavy-lift shipping sector is as difficult to determine as the direction of the wind.<br /> <br />
Forwarding
Panama May Pay for Higher Tolls
Peter T. Leach |
It certainly isn’t the first time ocean carriers and importers have disagreed, and it won’t be the last, but the outcome could determine the fate of U.S.
Maritime
Rail News
Container lines
Forwarding
Order Against Ransom
R.G. Edmonson |
Shipowners or operators who pay ransom to Somali pirates could face U.S. civil penalties or criminal prosecution under a White House “Executive Order concerning Somalia.”<br /> <br />
Maritime
Container lines
Transport, Trade, and Regulation News
Forwarding
Breakbulk Buoys Terminal Operator
Bruce Barnard |
Terminal operator Euroports Holdings testifies to the potential of breakbulk cargo, having in just four years built up a business with 2009 revenues of about US$675 million from handling 55 million me
Forwarding
That Silver Lining
Alan M. Field |
The transportation sector in Chile has yet to fully recover after a major earthquake and tsunami struck the south-central region of the country two months ago. <br /> <br />
Forwarding
Taking the Gloves Off
Bruce Barnard |
Breakbulk may be the Cinderella cargo on the European waterfront as ports struggle to emerge from the deepest recession in a generation. <br /> <br />
Forwarding
Port of Antwerp Loses Key Breakbulk Contract
x |
The Port of Antwerp’s bid to revive its breakbulk business suffered a serious setback with the loss of a 750,000-metric-ton-a-year contract.<br /> <br />
Forwarding
Small Steps, Fragile Recovery
Janet Nodar |
Economists surveyed for the April issue of Consensus Economics expect G-7 and western European nations to require several years to climb out of the economic hole of 2009. <br /> <br />
Forwarding
Ease of Trade Is Key
Janet Nodar |
Ease of trade is as important as tariff reductions when it comes to helping a developing country boost its imports and exports, according to a recent report from the World Bank. <br /> <br />
Forwarding
IMF Bullish on Recovery
Janet Nodar |
The world economy is clearly recovering, according to the International Monetary Fund, but some regions are revving up much faster than others.
Forwarding
Dockwise Snags $65 Million in New Awards
x |
In early May, super heavy-lift carrier Dockwise announced two awards for transport and installation projects and two for routine marine infrastructure transport.
Forwarding
Jumbo Holds Against Fast Tide
x |
Jumbo Offshore, a division of Jumbo Shipping, recently completed a short series of tests of its installation capabilities in fast tidal current velocities.
Forwarding
Courting Project Cargo
Janet Nodar |
The idea that roll-on, roll-off carriers might be infatuated with high and heavy cargo is not a new one, but it has happened again.
Forwarding
Container lines
Super heavy-lift remains a niche market
Janet Nodar |
Heavy-load carriers, like their breakbulk brethren, are adding lift capacity, flexible hold configurations, specialized dynamic positioning systems and other complicated and customized fixtures to the
Forwarding
Lone Star, New Port?
By Peter T. Leach |
The Port of Galveston wants to get back into the container business.
Maritime
Forwarding
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