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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
Building Hope South of the Border
Bill Mongelluzzo |
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Maritime
Forwarding
Asia-Europe Trade: Is A Bounce Just a Blip?
Bruce Barnard |
Shell-shocked by plunging cargo volume and tumbling freight rates in Europe-Asia container trade lanes over the past year, ocean carrier executives are sensing a turning market amid reports some ship
Maritime
Container lines
Forwarding
10+2: All in the Timing
Gary Ferrulli |
<p class="MsoPlainText">While many are focused on the plight of the ocean carrier industry, wondering when the first bankruptcy will occur or when the first announcement of one carrier buying another
Maritime
Forwarding
LA/Long Beach to Drop Fee Shuffle for Clean Trucks
Bill Mongelluzzo |
The ports of Long Beach and Los Angeles intend soon to eliminate a reporting requirement that cargo interests said was an unnecessary and costly administrative burden associated with the ports' clean-
Maritime
Forwarding
North American ports
Canada Funds Montreal Port Truck Project
Canadian Sailings |
The Canadian government will provide the Montreal Port Authority up to US$8.4 million in infrastructure stimulus funding to build a common access portal for trucks.<br /> <br />
Maritime
Forwarding
Box Ship Crewman Falls into S.F. Bay, Dies
Peter T. Leach |
A crew member on a container ship died early Thursday after he fell overboard near the San Francisco Bay Bridge while preparing a portside gangway but not wearing a required life jacket, the company s
Maritime
Container lines
Forwarding
Chiquita Returns to Gulfport’s West Pier
Janet Nodar |
Following a $50 million restoration after the devastation caused by Hurricane Katrina, Chiquita has moved back to its original berths on the Port of Gulfport’s west pier. <br /> <br />
Maritime
Forwarding
Hamburg Süd Consolidates West Coast Calls
Peter T. Leach |
Hamburg Süd consolidated its three West Coast liner services at a single terminal in the San Francisco Bay area. <br /> <br />
Maritime
Container lines
Forwarding
OOCL Hikes Asia-Australia Rates
Peter T. Leach |
OOCL said it will raise freight rates on its routes from Asia to Australia in two stages beginning Sept. 15.<br /> <br />
Maritime
Container lines
Forwarding
Hong Kong Box Throughput Drops 17 Percent
Peter T. Leach |
Container throughput in the port of Hong Kong fell to 5.2 million 20-foot equivalent units in the second quarter of 2009, down 17 percent from the same quarter last year as the global recession cut de
Maritime
Forwarding
Beluga Ships Complete Northeast Passage
Janet Nodar |
The Beluga multi-purpose heavy lift project carriers Fraternity and Foresight reached their Siberian destination of Novyy Port on Monday and have begun discharging the plant modules they carried from
Maritime
Forwarding
First-Half Liner Losses Pass $6 Billion
Peter T. Leach |
Losses sustained by liner companies hit more than $6 billion in the first six months of the year, according to AXS-Alphaliner. <br /> <br />
Maritime
Container lines
Forwarding
Danish Shipowners Reject Subsidy Plea
JOC Staff |
The Danish Shipowners' Association said its members did not want to see any direct subsidies of their hard-hit industry nor any bending of European competition rules that ban cartel-like activity.
Maritime
Container lines
Forwarding
Rotterdam Income Falls in First Half
Bruce Barnard |
The port of Rotterdam Authority said its first half earnings fell nine percent from a year ago as traffic fell and fewer ships visited Europe’s biggest ocean cargo hub.<br /> <br />
Maritime
Forwarding
Green Reefers Plunges $11 Million into Red
Bruce Barnard |
Green Reefers, a leading reefer ship-owner, blamed fierce competition from cargo hungry container carriers, for losing money in the seasonally strong second quarter.<br /> <br />
Maritime
Forwarding
Enforcement's Murky Waters
R.G. Edmonson |
The Justice Department’s “vessel pollution initiative” has gone from an intensive blitz against maritime environmental crime to a long, hard slog with no end in sight.
Transport, Trade, and Regulation News
Forwarding
South America’s Leading Edge
Bill Mongelluzzo |
Over several years, U.S.
Maritime
Container lines
Forwarding
Hapag-Lloyd Owners Revise Rescue Package
Bruce Barnard |
Hapag-Lloyd’s owners have returned a stake in a Hamburg container terminal to the struggling German ocean carrier in order to qualify for $1.7 billion of state-backed loans.<br /> <br />
Maritime
Container lines
Forwarding
Maersk Loads Ro-Ro at Portsmouth
Thomas L. Gallagher |
The Alliance St. Louis, a Maersk Line, Limited vessel loaded rolling stock cargo for the U.S. military at APM Terminals Virginia at the Port of Portsmouth.
Maritime
Forwarding
Beluga Vessels Enter Laptev Sea
Janet Nodar |
The Beluga multipurpose heavy-lift vessels Fraternity and Foresight, both ice class E3, have now convoyed with the nuclear-powered Russian Atomflot ice breaker 50 let Pobedy (50 Years Since Victory) t
Maritime
Forwarding
Maersk Raises $1.6 Billion from Share Sale
Bruce Barnard |
A.P. Moller-Maersk raised nearly $1.6 billion from the sale of shares with some of the proceeds likely to be earmarked for expansion of its global container terminal operations.<br /> <br />
Maritime
Container lines
Forwarding
ILA’s Employers Won’t Yield on Technology
Joseph Bonney |
Union rejection of a contract extension for Atlantic and Gulf dockworkers probably means talks on a new contract won’t resume until next year – and when they do, management’s positio
Maritime
Forwarding
Maersk Line Starts Vietnam-U.S. Service
Peter T. Leach |
Maersk Line will launch a weekly feeder service between Vietnam and Hong Kong this month connecting with a trans-Pacific loop the carrier says will provide the fastest transit time from Vietnam to the
Maritime
Container lines
Forwarding
Longshore Union Rejects Contract Extension
Joseph Bonney |
International Longshoremen’s Association delegates unanimously rejected a proposed two-year extension of the ILA's contract for Atlantic and Gulf dockworkers on Wednesday.<br /> <br />
Maritime
Container lines
Forwarding
NY Terminals Hold Line on Free Time, Demurrage
Joseph Bonney |
The New York Terminal conference, representing marine terminals in the Port of New York and New Jersey, issued a revised schedule of charges that includes no change in demurrage and free time for cont
Maritime
Forwarding
Babcock & Brown Infrastructure Halts Trading
Bruce Barnard |
Babcock & Brown Infrastructure, the Australian parent of Euroports, the leading European bulk/break bulk stevedore, halted trading in its shares on the Sydney stock exchange Sept.
Maritime
Forwarding
Asian Shippers Fighting Fuel Surcharges
JOC Staff |
The Asian Shippers Council is fighting an emergency fuel surcharge container lines are seeking on shipping between Taiwan and South China, according to published reports in the region.<br /> <br />
Maritime
Forwarding
DHL Adds Vietnam LCL Service
JOC Staff |
DHL launched less-than-containerload service from Vietnam to the United States and Europe, the company’s forwarding division announced.<br /> <br />
Maritime
Container lines
Forwarding
Oregon Ports Seek Rail, Short-Sea Backing
Thomas L. Gallagher |
Two ports along Oregon's Columbia River are putting together multi-million projects aimed at helping shippers gain easier access to the Puget Sound ports of Seattle and Tacoma, according to a report i
Maritime
North-American rail
Forwarding
Big Zim Ship Makes First Call at Seattle
JOC Staff |
Zim Integrated Shipping Service's 10,000-TEU Zim Djibouti was at the Port of Seattle’s Terminal 18 on Thursday, Aug. 27. The vessel is the largest to call at the port.
Maritime
Container lines
Forwarding
DP World Buys Stake in Embraport
Bruce Barnard |
DP World, the global container terminal operator, buys a majority stake in Brazil’s largest private multimodal facility in the city of Santos. <br /> <br />
Maritime
Forwarding
Forth Ports Profit Falls on Flat Volume
Bruce Barnard |
Forth Ports, the UK's last publicly traded ports company, reported profit fell 10 percent in the first six months of 2009 from a year ago on flat cargo volume.
Maritime
Forwarding
Houston to Name Dreyer Port Director
Janet Nodar |
The Port of Houston is expected to name businessman Alec G. Dreyer executive director of the Port of Houston Authority later this month, according to Port Commission Chairman James T. Edmonds.
Maritime
Forwarding
DP World Profit Sinks 34 Percent
Bruce Barnard |
DP World, the world’s fourth largest container terminal operator, warned of tough conditions ahead as net profit in the first half of 2009 fell by around a third from a year ago on lower box vol
Maritime
Forwarding
Clarksons Profit Falls in First Half
Bruce Barnard |
Clarksons, the world's biggest shipbroker and shipping services company, reported first half operating profit dipped 35 percent from a year ago as shipping markets weakened on reduced global trade.<br
Maritime
Forwarding
Jumbo Jubilee Sets Heavy-Lift Record
JOC Staff |
The Jumbo Jubilee set a tandem heavy-lift record at the Huisman shipyard in Schiedam, Netherlands, this month when it lifted a 1,980-metric-ton ballasted pontoon with two 900-ton mast cranes.
Maritime
Forwarding
Universal Africa Lines Opens South Africa Office
JOC Staff |
Universal Africa Lines opened a new South African branch and launched a fortnightly shipping route to supply West African oil and gas exploration and production bases. <br /> <br />
Maritime
Forwarding
Hamburg Agrees to Further Hapag-Lloyd Aid
Bruce Barnard |
The city state of Hamburg on August 25 agreed to an additional capital injection for Hapag-Lloyd, boosting the ailing ocean container carrier's chances of securing $1.7 billion in loan guarantees from
Maritime
Container lines
Forwarding
BBC Chartering Cuts South America Rates
Janet Nodar |
As of September 14, breakbulk and project cargo carrier BBC Chartering will be reducing its tariff by 20 percent for its breakbulk liner routes serving South America.<br /> <br />
Maritime
Forwarding
Active Container Fleet Shrinks 4 Percent
Bruce Barnard, Special Correspondent |
After years spent boosting their fleets and adding new services, ocean container carriers are reducing the number of ships in service as cargo volumes shrink across their global liner networks.
Maritime
Container lines
Forwarding
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