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The latest
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News & Analysis
Crowley Settles Puerto Rico Lawsuits
Joseph Bonney |
Crowley Liner Services’ settlement this month of civil antitrust lawsuits with U.S.
Maritime
Transport, Trade and Regulation News
Container lines
Forwarding
Amber Waves of Grain
R.G. Edmonson |
2009’s bumper corn crop that yielded a record 13.2 billion-bushel harvest should be good news for farmers, but whether they benefit from it will depend on the supply chain, according to an exper
Maritime
Forwarding
Exporters Feel the Squeeze
Bill Mongelluzzo |
TLR-Total Logistics Resource, a Portland, Ore., forwarder, is having a terrible time getting its customers’ export containers on Asia-bound vessels.
Maritime
Container lines
Forwarding
U.S. Poultry Exports Stumble
Janet Nodar |
As of Jan. 19, Russia has effectively banned imports of U.S. poultry, typically exported as palletized breakbulk cargo, because U.S.
Transport, Trade and Regulation News
Forwarding
Savannah Container Volume Grew in December Quarter
Peter T. Leach |
The Georgia Ports Authority reported that the container volume handled by the Port of Savannah increased by 3.6 percent over the same quarter of 2008 in the quarter ended Dec.
Maritime
Forwarding
TUI Rejects Hapag-Lloyd Probe
Bruce Barnard |
TUI AG said it will ask shareholders to oppose a motion by billionaire Norwegian ship-owner John Fredriksen calling for an investigation into the financial rescue of troubled ocean container carrier H
Maritime
Container lines
Forwarding
MISC Berhad Revises Asia-Middle East Service
JOC Staff |
MISC Berhad will revise the port rotation and coverage of its Halal Express 2 (HE2) Service linking the Far East, Southeast Asia, the Indian Subcontinent and the Middle East.
Maritime
Container lines
Forwarding
DP World Box Traffic Shrinks 8 Percent in 2009
Bruce Barnard |
DP World’s container traffic declined 8 percent in 2009 from a year ago but the rate of decline slowed in the second half of the year across its global terminal network.
Maritime
Forwarding
NOL Volume Surges as Yield Declines
Peter T. Leach |
The volume of containers transported by Neptune Orient Lines’ liner subsidiary APL surged by 43 percent in the six weeks from Nov. 14 to Dec.
Maritime
Container lines
Forwarding
Concor Profit Falls 3 Percent
JOC Staff |
Net profit for Container Corporation of India fell 3 percent from a year earlier to $43.5 million in the third quarter ending Dec. 31, despite a marginal increase in overall revenue.
Maritime
Forwarding
CMA CGM Cancellations Hurt Korean Shipyards
Peter T. Leach |
At least one South Korean shipbuilder is getting hit by the cancellation of orders by CMA CGM, and others are fending off cancellations by the troubled French container line, which can't pay for the o
Maritime
Container lines
Forwarding
Trans-Pacific Spot Rate Jumps
Peter T. Leach |
The spot rate for shipping a 40-foot container from Hong to Los Angeles jumped 17.9 percent in the week ended Jan.18 compared to the week earlier as U.S.
Maritime
Container lines
Forwarding
Intermarine Receives Industrial Echo
Janet Nodar |
The Industrial Echo, fourth in a series of four heavy-lift newbuildings, was delivered to Intermarine this month in Portugal.
Maritime
Forwarding
Chipolbrok Increases Fleet
Thomas L. Gallagher |
The Chinese-Polish joint stock shipping company Chipolbrok took delivery in November and named the vessel Adam Asnyk in the port of Dalian, China.
Maritime
Forwarding
Antwerp 2009 Box Throughput Fell 15.6 Percent
Peter T. Leach |
The container volume handled by the Port of Antwerp in 2009 fell by 15.6 percent to 7,309,639 million 20-foot units, mirroring the decline in box volumes at all northern European ports.
Maritime
Forwarding
Total Panama Transits Gain, but Box Traffic Falls
Peter T. Leach |
The number of ships passing through the Panama Canal increased by 2 percent in the first quarter of the Panama Canal Authority’s fiscal year, ended Dec. 31.
Maritime
Forwarding
FESCO Expands Service in Pacific Northwest
Janet Nodar |
FESCO Logistics increased its monthly breakbulk service out of Everett, Wash., by adding fortnightly departures from Seattle and Vancouver, B.C.
Maritime
Forwarding
India Container Traffic Falls 1.5 Percent
JOC Staff |
Container traffic moving through India’s major ports fell 1.5 percent during the April-December period, the first nine months of fiscal 2009-10, compared with a year earlier, the Indian Ports As
Maritime
Forwarding
Steel Exports Fall 5 Percent in November
Janet Nodar |
Exports of U.S. steel fell off nearly 5 percent to 935,335 tons from October to November, according to the American Institute for International Steel.
Maritime
Forwarding
Beluga Shipping Takes Delivery of New Ship
Janet Nodar |
Beluga Shipping took delivery of the first of 16 new 20,000 deadweight-ton ice-class P-series vessels, the Beluga Houston.
Maritime
Forwarding
Maersk to Expand Chassis Program to Midwest
Peter T. Leach |
Maersk plans to expand its Direct ChassisLink program throughout the Midwest and the Ohio Valley as of March 1.
Maritime
Container lines
Forwarding
French Dockworkers Threaten More Strikes
Bruce Barnard |
French dockworker leaders set a mid-February deadline for the government to respond to their demands for more waterfront jobs or face further industrial action.
Maritime
Forwarding
Hanjin Plans Three Trans-Atlantic Rate Hikes
Peter T. Leach |
Hanjin Shipping plans to raise trans-Atlantic rates in both directions in three quarterly increases on April 1, July 1 and Oct. 1, the carrier announced Monday.
Maritime
Container lines
Forwarding
Maersk Adds Felixstowe Service
Peter T. Leach |
Maersk Line’s AE7 Asia - Europe service Jan. 13 called at the Port of Felixstowe in the UK.
Maritime
Container lines
Forwarding
California's PierPass to Maintain Port Hours
Bill Mongelluzzo |
The head of Southern California’s PierPass, rejecting suggestions the marine terminal program is too costly to operate with the downturn in container volume, says the terminals will continue to offer
Maritime
Forwarding
Strength in Numbers
Peter T. Leach |
The Transpacific Stabilization Agreement is adding another member and changing its governance and management structure to better deal with what carriers say are insufficient trans-Pacific freigh
Maritime
Container lines
Forwarding
Shippers Face Capacity Squeeze
Joseph Bonney |
Ocean carriers’ service cutbacks are forcing shippers to book further in advance and pay higher rates to keep their containers from being left on the dock.
Maritime
Container lines
Forwarding
Shipping’s Stiff Headwinds
Peter T. Leach |
Global trade is recovering as the major industrialized countries slowly climb out of recession. U.S. imports are increasing after months of declines.
Maritime
Forwarding
Crowley Settles Puerto Rico Antitrust Claims
Joseph Bonney |
Crowley Liner Services has agreed to an undisclosed settlement with shippers who filed civil antitrust lawsuits against carriers in the wake of a federal investigation into price-fixing in the U.S.
Maritime
Forwarding
Report Shows Global Ocean Rates Rising
Peter T. Leach |
Average global container shipping rates expanded year-over-year in late 2009 for the first time since mid-2008, according to a new report by Drewry Shipping Consultants.
Maritime
Container lines
Forwarding
Shippers Say Trans-Pacific Rate Hikes Holding
Peter T. Leach |
U.S. importers said emergency rate increases the ocean carrier members of the Transpacific Stabilization Agreement are putting into effect this month are taking hold across the board.
Maritime
Container lines
Forwarding
EU Launches Antitrust Probe of Ship Layups
Bruce Barnard |
European Union competition regulators are investigating a controversial plan by German ship owners to share the costs of laying up small container vessels.
Maritime
Forwarding
Hands On, Right On!
Peter T. Leach |
When a turbine blew out on one of the three multipurpose vessels Expeditors International of Washington chartered to carry project cargo to South Africa, David Steinbach had to scramble.
Forwarding
Maritime
Trade Disputes Roil South American nations
Leticia Lozano |
South American trade integration has been dogged by distrust, but never as much as now.
Forwarding
Maritime
U.K. Ramps Up Wind Farm Projects
JOC Staff |
Intent on reducing carbon emissions and meeting a 2020 deadline for generating 15 percent of its energy needs through renewable sources, the British government is parceling out the right to develop ab
Forwarding
Weakened Steel
Alan M. Field |
For steel traders, the times are undeniably bad. When asked to describe the market for steel, a Houston steel trader put things this way: “I have just two words: It sucks.”
Forwarding
Maritime
The Gorgon Roars
Janet Nodar |
Forwarders and heavy-lift carriers are jockeying for position as Australia moves ahead with development of its enormous offshore natural gas resources, endeavors that will require massive amounts of p
Forwarding
Maritime
Gearing Up Down Under
Janet Nodar |
The rest of the world may be taking a deep breath and daring to hope the recession is ending, but for Australia, the key words seem to be full speed ahead.
Forwarding
Maritime
China Quality Challenge:
Janet Nodar |
A thousand hours of welding to make Chinese-sourced wind components usable? Diverting cargo to Singapore to replace factory coverings not tough enough for a sea voyage?
Forwarding
Maritime
Time to Go Shopping?
Janet Nodar |
After a period of booming speculation, the Asian market for oil- and gas-related project cargo was smacked down by the recession.
Forwarding
Maritime
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