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The latest Forwarding News & Analysis
APL Ships to Burn Low-Sulfur Fuel in Singapore
Peter T. Leach | Apr 12, 2011, 9:45 AM EDT
The NOL Group is extending its low-sulfur emissions program to the Port of Singapore, where it is based.
Maritime
Container lines
Forwarding
Hanjin Receives Last Two Ships in 8,600-TEU Series
Peter T. Leach | Apr 12, 2011, 9:42 AM EDT
Hanjin Shipping is taking delivery this month of the last two in a series of five containerships, each with capacities of some 8,600 20-foot equivalent units.
Container lines
Maritime
Forwarding
Troubled Horizon Says Customers Haven't Left
Joseph Bonney | Apr 12, 2011, 9:19 AM EDT
Horizon Lines says most of its customers are sticking with the financially ailing container line despite an accountant's note that cited doubt about the company's status as a going concern.
Container lines
Maritime
Forwarding
US Container Imports to Grow 9 Percent in April
Bill Mongelluzzo | Apr 11, 2011, 1:23 PM EDT
Containerized imports at U.S. ports in April are projected to increase 9 percent over April 2010, which would mark the 15th consecutive month of year-over-year improvement in the U.S.
Forwarding
Maritime
Ship Finance International Orders Four Ships
Bruce Barnard | Apr 11, 2011, 11:56 AM EDT
Ship Finance International placed a $230 million order for four vessels with a capacity of 4,800 20-foot equivalent units each, the shipowner announced April 11.
Maritime
Container lines
Forwarding
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CKYH to Enhance All-water Loop, Add Ports
Peter T. Leach | Apr 11, 2011, 10:27 AM EDT
The CKYH alliance among Cosco, "K" Line, Yang Ming and Hanjin Shipping is restructuring and upgrading its all-water services from Asia to the U.S. East Coast later this month.
Container lines
Maritime
Forwarding
Waiting at the Gate
Joseph Bonney and Bill Mongelluzzo | Apr 11, 2011, 10:05 AM EDT
Two years after container ship lines began moving away from their 55-year-old practice of supplying U.S.
Maritime
Trucking News
Rail News
Forwarding
France Launches Tender for Seine Nord Canal
Bruce Barnard | Apr 11, 2011, 9:57 AM EDT
France launched the final tender for a company to build and operate a canal that will link Paris to Europe's inland waterway system and its largest port, Rotterdam.
Maritime
Forwarding
Japan to Conduct Radiation Checks on Ships
Hisane Masaki | Apr 11, 2011, 9:42 AM EDT
Japan is set to start radiation checks on ships and containers leaving three main international ports in and near Tokyo for foreign ports by the end of this month.
Maritime
Container lines
Forwarding
Pressure Points for the Peak
Bill Mongelluzzo | Apr 11, 2011, 12:00 AM EDT
After three volatile years, operators serving the transportation supply chain in the trans-Pacific are gearing up for a solid, though unspectacular peak shipping season, with the main efforts aimed at
Maritime
Forwarding
Making Market Adjustments
Paul Page | Apr 11, 2011, 12:00 AM EDT
In the world of container shipping contracts, 18 months can seem like an eternity.
Maritime
Forwarding
Southern Draw
Peter T. Leach | Apr 11, 2011, 12:00 AM EDT
Virginia is dangling its 50-foot-deep harbor as a fisherman dangles a lure.
Port News
Maritime
Forwarding
North American ports
ILA Calls Off NY-NJ Strike Threat
Joseph Bonney | Apr 8, 2011, 3:33 PM EDT
The International Longshoremen's Association called off a threatened strike at the Port of New York and New Jersey.
Longshore labor
Maritime
Forwarding
Japan Auto Plants Reopen Amid Supply Chain Woes
Joseph Bonney | Apr 8, 2011, 3:06 PM EDT
Japanese automakers plan to resume production at domestic auto plants this month but said they’re still struggling with shortages of parts and unreliable electrical supplies that will hamper output.
Transport, Trade and Regulation News
Forwarding
How to Effectively Use NRAs
James E. Devine Jr. | Apr 8, 2011, 12:00 PM EDT
The Federal Maritime Commission’s new rules on non-vessel-operating common carrier Negotiated Rate Arrangements, which will become effective on April 18, establish a new pricing option for licen
Maritime
Transport, Trade and Regulation News
Forwarding
NVOs’ Changing Tides
R.G. Edmonson | Apr 8, 2011, 12:00 PM EDT
Just where do NVOCCs fit?
Maritime
Transport, Trade and Regulation News
Forwarding
Leveling the Playing Field
R.G. Edmonson | Apr 8, 2011, 12:00 PM EDT
In the 13 years since Congress passed the Ocean Shipping Reform Act, NVOs finally have achieved relative parity with vessel operators in the marketplace monitored by the FMC.
Maritime
Transport, Trade and Regulation News
Forwarding
Irradiated MOL Ship Cleared for Hong Kong Berth
Peter T. Leach | Apr 8, 2011, 10:37 AM EDT
The MOL Presence arrived in Hong Kong Friday afternoon after a test found the level of radiation had declined from the previously higher-than-normal level detected after the vessel passed within 70 mi
Container lines
Maritime
Forwarding
TCC Ceases Trans-Pacific Operations
Joseph Bonney | Apr 8, 2011, 10:10 AM EDT
The Containership Company said weak volume and rates forced it to end niche trans-Pacific service it launched a year ago.
Container lines
Maritime
Forwarding
India Container Traffic Surges 9.5 Percent
JOC Staff | Apr 8, 2011, 9:53 AM EDT
The volume of containers handled by major ports in India surged 9.5 percent year-over-year in fiscal 2010-11, the Indian Ports Association said in a statement Friday.
Maritime
Forwarding
ILA Threatens NY-NJ Strike Monday
Joseph Bonney | Apr 7, 2011, 4:57 PM EDT
UPDATE 4/8/11 4:00 p.m. -- The strike was called off Friday afternoon.
Longshore labor
Maritime
Forwarding
Luksic Buys Additional 8 Percent of CSAV
Joseph Bonney | Apr 7, 2011, 10:50 AM EDT
The Luksik group, a Chilean mining and investment group, has agreed to pay $120 million for an additional 8 percent of container line CSAV, in addition to the 10 percent it bought last month.
Maritime
Container lines
Forwarding
APL Expands China-Philippines Feeder
Peter T. Leach | Apr 7, 2011, 10:37 AM EDT
APL is extending its North Asia Philippines Express feeder service to cover Central China and Manila in the Philippines this month.
Container lines
Maritime
Forwarding
Danaos Takes Delivery of Two Biggest Ships
Bruce Barnard | Apr 7, 2011, 10:29 AM EDT
Danaos took delivery of the two biggest container vessels it has ordered to date and the first to be financed under the Greek shipowner's recently agreed refinancing program.
Container lines
Maritime
Forwarding
Disaster Alters Japan Trade Estimate
Hisane Masaki | Apr 7, 2011, 9:30 AM EDT
Japan's sea and air cargo exports will sink between 4 percent and 5 percent in the first half of fiscal 2011 from a year earlier in the wake of the devastating
Transport, Trade and Regulation News
Forwarding
Federal Agencies Step Up Import Inspections
Bill Mongelluzzo | Apr 7, 2011, 9:03 AM EDT
Two federal regulatory agencies, the Food and Drug Administration and Consumer Product Safety Commission, are stepping up their inspection activities to prevent unsafe food products and consumer goods
Transport, Trade and Regulation News
Forwarding
Puerto Rico Lines Settle With Indirect Purchasers
Joseph Bonney | Apr 6, 2011, 5:25 PM EDT
Three U.S.
Maritime
Container lines
Forwarding
Labor Accord Clears Way for US-Colombia Trade Pact
John D. Boyd | Apr 6, 2011, 3:04 PM EDT
An accord between the U.S.
Transport, Trade and Regulation News
Forwarding
Freight Index Reports Shipments Up 6.9 Percent
William B. Cassidy | Apr 6, 2011, 12:49 PM EDT
Freight shipments jumped 6.9 percent in March, with tonnage increasing across transportation modes, according to the Cass Freight In
Transport, Trade and Regulation News
Forwarding
LTL
Truck brokers
DP World Plans Reverse Stock Split
Bruce Barnard | Apr 6, 2011, 10:22 AM EDT
DP World, the global container terminal operator, said it will seek shareholders approval for a one-for-20 reverse stock split in a bid to boost its share price ahead of a planned listing in London.
Maritime
Container lines
Forwarding
Moody's Rates CMA CGM Again
Bruce Barnard | Apr 6, 2011, 10:08 AM EDT
Moody's assigned a provisional Ba3 rating to CMA CGM and judged the outlook for the world's third largest ocean containe
Maritime
Container lines
Forwarding
Houston OKs nearly $35 million for Bayport
Joseph Bonney | Apr 6, 2011, 9:20 AM EDT
The Port of Houston Authority awarded nearly $35 million in contracts for design and construction of additional entry and exit gates for the Bayport container terminal.
Port News
Maritime
Forwarding
Maritime Industry Seeks Chassis Business Model
Bill Mongelluzzo | Apr 6, 2011, 9:07 AM EDT
Ocean carriers are committed to ending the 50-year-old practice of supplying chassis to their customers in the U.S., but industry experts predicted it will take several years before equipment supplier
Maritime
Container lines
Forwarding
Steinke to Retire as Long Beach Port Chief
Peter T. Leach | Apr 5, 2011, 3:29 PM EDT
Richard D.
Maritime
Forwarding
Radiation Heads Japan-EU Maritime Talks
Hisane Masaki | Apr 5, 2011, 2:35 PM EDT
Japan will hold its sixth round of policy dialogue on maritime affairs with the European Union in Tokyo on Thursday with the ongoing nuclear crisis in Japan topping the agenda, the Ministry of Land, I
Maritime
Forwarding
Clarksons Projects 7 Percent Liner Capacity Growth
JOC Staff | Apr 5, 2011, 1:32 PM EDT
Shipping research group Clarksons is forecasting worldwide container ship capacity will grow only 7 percent this year and 9 percent next year, a relatively low expansion despite large outstanding orde
Maritime
Container lines
Forwarding
MOL Merges Bulk, Tanker, LPG Operations
Thomas L. Gallagher | Apr 5, 2011, 12:55 PM EDT
MOL merged subsidiaries International Marine Transport and MOL Tankship Management, effective April 1.
Container lines
Maritime
Forwarding
TUI Confirms Hapag-Lloyd Stake Sale Talks
Bruce Barnard | Apr 5, 2011, 10:47 AM EDT
TUI confirmed it is talking with potential investors about the sale of its stake in German ocean container carrier Hapag-Lloyd but did not reveal their identities.
Maritime
Container lines
Forwarding
Port Nehru Container Traffic Breaks Records
JOC Staff | Apr 5, 2011, 10:14 AM EDT
Container traffic through India’s Port of Jawaharlal Nehru reached an all-time high in fiscal 2010-11 ending March 31, buoyed by a strong turnaround in the country’s foreign trade.
Port News
Maritime
Forwarding
Crowley Restarts Second Service to Haiti
Peter T. Leach | Apr 5, 2011, 10:06 AM EDT
Crowley Maritime is restarting the second weekly service to Haiti from the Dominican Republic and South Florida.
Container lines
Maritime
Forwarding
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