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maritime
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News and analysis of freight forwarding, NVOCCs, third-party logistics, and shipper strategies
The latest
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News & Analysis
India Containers Fall 6 Percent in First Half
JOC Staff |
Container throughput at major ports in India fell 6.32 percent during the first half of fiscal 2009-10 ending Sept.
Maritime
Forwarding
MOL Adding Europe-Asia Peak Surcharge
Peter T. Leach |
MOL said Thursday it will apply a peak-season surcharge on bills of lading for all shipments from Europe and the Mediterranean to Asia.<br /> <br />
Maritime
Container lines
Forwarding
MSC Adds Export Pick-up Fee
JOC Staff |
Mediterranean Shipping Company will charge a container fee for export equipment picked up at some Midwest depots as well as other locations in the United States effective Nov. 1. <br /> <br />
Maritime
Container lines
Forwarding
Ship Managers, Suppliers Call for Transparency
Thomas L. Gallagher |
The organizations representing ship managers and ship suppliers called upon ship owners to discuss cash flow problems openly as the global slowdown has made many slow to pay.<br /> <br />
Maritime
Container lines
Forwarding
Pacific Carriers Seek $800 Spring Rate Hike
Bill Mongelluzzo |
Shipping lines operating in the Pacific plan to increase freight rates to the U.S.
Maritime
Container lines
Forwarding
Berlian Laju Tanker to Acquire Camillo Eitzen
Bruce Barnard |
Berlian Laju Tanker, Indonesia's biggest shipping line, will become the world's leading operator of chemical tankers if its planned $174 million takeover of Norway's Camillo Eitzen [CECO] goes through
Maritime
Forwarding
BBI to Sell Port Business, Terminal Stake
Bruce Barnard |
Australia’s Babcock & Brown Infrastructure is set to sell its UK ports business and a 50 percent stake in one of the world’s biggest coal shipping terminals as part of a $1.5 billion r
Maritime
Forwarding
West Coast Ports Gear Up for Competition
Bill Mongelluzzo |
Having already lost about four percent of their market share of Asian cargo to Canadian and East Coast ports the past few years, and hoping to avoid a further diversion of cargo when the Panama Canal
Maritime
Forwarding
North American ports
Maersk Exec Says ‘Transformation’ Needed
Joseph Bonney |
Container shipping needs “transformation” that goes beyond the changes carriers are undertaking to survive and likely will include consolidation, a Maersk executive told The Journal of Commerce’s East
Maritime
Container lines
Forwarding
OOCL Raises Rates from China
JOC Staff |
Ocean carrier OOCL will increase its rates on all dry and refrigerated cargo from Hong Kong, Macau and South China to New Zealand, effective Nov. 1.<br /> <br />
Maritime
Container lines
Forwarding
Momentum to Provide Warehousing for UASC
Thomas L. Gallagher |
Momentum Logistics, a subsidiary of international port management company, Gulftainer, signed a contract to provide dedicated warehouse space and other logistics services to United Arab Shipping Compa
Transport, Trade, and Regulation News
Container lines
Forwarding
The Devil and the Deep Blue Sea
Peter T. Leach and Bill Mongelluzzo |
Charter ship owners that basked in a bull market for their ships in the boom years of tight capacity are being battered by the recession.
Maritime
Forwarding
Poultry Withstands the Heat
Janet Nodar |
Chicken’s popularity among global consumers is proving largely recession-resistant, propping up poultry exporters and the Gulf ports and terminals they use.
Port News
Forwarding
Tampa Alters Perishables Tack
Janet Nodar |
The U.S. Gulf’s proximity to Central America has long kept the region’s ports busy with imports of perishable melons, cantaloupes, bananas and other fruits and vegetables.
Port News
Forwarding
Connie Award Goes to McKenna, McEllrath
Bill Mongelluzzo |
James McKenna, president of the Pacific Maritime Association, and Robert McEllrath, president of the International Longshore and Warehouse Union, are co-recipients of the 2009 Connie Award presented b
Maritime
Container lines
Forwarding
Panama Canal Extends Discounts
Peter T. Leach |
The Panama Canal Authority said Thursday it will extend the discount program introduced in June to provide short-term cost reductions and greater flexibility to its reservation system through the end
Maritime
Forwarding
Rickmers, Japan's ECL Expand Cooperation
Bruce Barnard |
Rickmers-Linie is expanding its co-operation with Japan's Eastern Car Liner on the trans-Pacific trades with the launch of a new eastbound service.<br /> <br />
Maritime
Forwarding
Longshore Delegates OK Contract Extension
Joseph Bonney |
International Longshoremen's Association delegates voted overwhelmingly Wednesday for a two-year extension of the union contract covering 18,500 Atlantic and Gulf dockworkers.<br /> <br />
Maritime
Forwarding
MOL Gets OK for Vietnam Terminal Venture
Peter T. Leach |
MOL received government approval to establish a new joint terminal operating company in Vietnam. <br /> <br />
Maritime
Container lines
Forwarding
Danaos Takes 42nd Boxship
Peter T. Leach |
Ship leasing company Danaos took delivery of its 42nd containership, the CMA CGM Moliere with a capacity of 6,500 20-foot equivalent units, adding new capacity even as ocean carriers around the w
Maritime
Container lines
Forwarding
Euroports Parent BBI Rejects Refinancing
Bruce Barnard |
Babcock & Brown Infrastructure, the financially troubled parent of pan-European bulk/break bulk stevedore Euroports, rejected a refinancing proposal from a group of international hedge funds.<br /
Maritime
Forwarding
Idled Charter Box Ships Hit Record
Bruce Barnard |
The fleet of idled container ships controlled by charter ship-owners reached a record high in September and exceeds the number of unemployed vessels controlled and operated by ocean carriers for the f
Maritime
Container lines
Forwarding
Maersk Plans Major Changes on Trans-Atlantic
Peter T. Leach |
Maersk Line is making some major changes in its trans-Atlantic services.
Maritime
Container lines
Forwarding
Kuehne + Nagel Logs on to INTTRA for Invoicing
Alan M. Field |
Kuehne + Nagel, one of the world's largest sea freight logistics providers, committed to using INTTRA eInvoice. <br /> <br />
Transport, Trade, and Regulation News
Forwarding
ELAA Welcomes EC’s Consortia Exemption
Peter T. Leach |
The European Liner Affairs Association, a trade association consisting of most of the world’s major container lines, welcomed a decision by the European Commission to extend the antitrust immuni
Maritime
Container lines
Forwarding
Lower Mississippi River Reopens
Janet Nodar |
After a day-long effort, the lower Mississippi River channel was partially restored to commerce Monday afternoon.<br /> <br />
Maritime
Forwarding
Jan De Nul to Dredge Panama Canal Entrance
Thomas L. Gallagher |
Jan De Nul n.v. won the contract to dredge the Panama Canal’s Atlantic entrance as part of the canal’s expansion program.<br /> <br />
Maritime
Forwarding
EU Extends Ocean Carrier Anti-Trust Exemption
Bruce Barnard |
Container shipping consortia will be exempt from European Union competition rules for five years past the current deadline, the European Commission said Sept. 28.<br /> <br />
Maritime
Container lines
Forwarding
Rolling Toward a Trade War
Alan M. Field |
When the United States imposed Section 421 safeguard duties of up to 35 percent on tire imports from China this month, much of the trade world reacted like fight fans eager for an all-out brawl.
Forwarding
Transport, Trade, and Regulation News
Trans-Pacific’s Balance of Power
Bill Mongelluzzo |
Ocean carriers started this year with excess capacity while retailers were carrying far too much inventory, making for a nightmare scenario as the global recession plumbed new depths.
Maritime
Forwarding
All-Water Services: Staying Afloat
Peter T. Leach |
Dave Akers is still arranging for a lot of toy imports this peak season, even if volumes are down from last year.
Forwarding
Tide Turns East
Peter T. Leach |
For the first time in decades, the share of total U.S.
Port News
Forwarding
Infrastructure Limits Shift to East Coast Ports: Study
Bill Mongelluzzo |
West Coast ports will lose ground in the U.S.
Maritime
Forwarding
Piraeus Dockers to Strike
Bruce Barnard |
Dockers at the Port of Piraeus in Greece plan to hold two 48 hour strikes in early October to protest the takeover by China’s Cosco Pacific of container operations at Greece’s biggest port
Maritime
Forwarding
Sixteen Nations Sign Rotterdam Rules
Bruce Barnard and R.G. Edmonson |
The Rotterdam Rules now have 16 signatory nations, with more expected in the near future.<br /> <br />
Maritime
Forwarding
Zim Delays Delivery of Four Ships from Hyundai
Bruce Barnard |
Zim, the beleaguered Israeli ocean carrier, reached an understanding with a Korean shipyard to delay the delivery of four 10,000-TEU container ships by up to five years, in a major boost to its restru
Maritime
Container lines
Forwarding
TBS Takes Delivery of Multipurpose Vessel
Janet Nodar |
TBS International took delivery of the Rockaway Belle, the first in a series of six "Roymar Class" vessels.
Maritime
Forwarding
South Jersey Port Breaks Ground in Paulsboro
Janet Nodar |
A long-planned project to turn two brownfield sites on the Delaware River into a breakbulk, project cargo and bulk port is now underway at Paulsboro, N.J. <br /> <br />
Maritime
Forwarding
BBC Andino to Begin Fla.-South America Service
Janet Nodar |
Multi-purpose heavy lift carrier BBC Chartering USA’s Andino Express Line will begin a monthly sailing from the Port of West Palm Beach to Northern Colombia, Ecuador, Peru and Chile beginning in
Maritime
Forwarding
Zim Cuts Charter Payments; Danaos Rejects Offer
Bruce Barnard and Peter T. Leach |
Zim Integrated Shipping Services unilaterally decided to cut all of its long-term charter hire payments to ship owners by 35 percent for three years starting Sept.
Maritime
Container lines
Forwarding
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