American Shipper

Chris Dupin Tuesday, May 28, 2013

Liberian president dedicates new berth

   APM Terminals said Liberian President Ellen Johnson-Sirleaf dedicated a new 600-meter wharf at the Freeport of Monrovia on May 22.    Under a 25-year agreement signed in 2010, APM Terminals Liberia operates the Freeport at Monrovia. In addition to handling containerized shipments, it is also a multipurpose facility that handles rice, cement, latex, unitized or […]

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FreightWaves Staff Friday, May 24, 2013

FAA aids Dutch Caribbean

   The U.S. Federal Aviation Administration has signed an agreement with the Netherlands to coordinate airspace between the United States and Dutch-controlled Caribbean islands.    The agency will also install FAA air navigation services and facilities in the area, share safety information and other data, and provide technical assistance on an as-needed basis. The FAA […]

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Chris Dupin Friday, May 24, 2013

NTSB issues report on Delta Mariner accident

   An accident last year that occurred when the Foss ship Delta Mariner struck the Eggner’s Ferry Bridge in Kentucky was caused by the reliance of the vessel’s bridge team on the independent contract pilot who provided incorrect navigational direction, said a report released earlier this month by the National Transportation Safety Administration.    NTSB said […]

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Chris Dupin Friday, May 24, 2013

DCLI adds chassis to CCM’s South Atlantic pool

   Starting June 1, the container chassis provider Direct ChassisLink, Inc. (DCLI) will contribute all of its chassis in the South Atlantic region to the Consolidated Chassis Management (CCM) pool, known as the South Atlantic Consolidated Chassis Pool (SACP).    CCM said the addition of more than 7,000 former Maersk-owned chassis will increase the pool […]

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FreightWaves Staff Friday, May 24, 2013

Carloads down, intermodal up in North America

   Total domestic rail activity ticked up 2.6 percent last week compared to the same week last year, reaching 535,835 carloads and intermodal units, according to the Association of American Railroads.    Carloads were up 1.9 percent, and intermodal activity saw a 3.5-percent increase.    Total domestic traffic of 10.32 million units so far in […]

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FreightWaves Staff Friday, May 24, 2013

Cass: Linehaul rates up 2% in April

   Truckload linehaul rates rose 2 percent in April, continuing a slow but steady price increase seen the beginning of the year, according to Cass Information Systems.    Intermodal only showed a slight bump of 0.3 percent in per-mile costs.    Linehaul rates started the year with a 2.4-percent rise, which grew to 3.3 percent […]

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FreightWaves Staff Thursday, May 23, 2013

The Paper Chase – E-Invoicing’s Impact on Ocean Freight Billing, June 5th, 2013, 12 PM EDT

This 60-minute interactive discussion will look at efforts to increase usage of e-invoicing in the ocean freight market, how standardization of the industry might help, and what billers and payers should know going forward. Key discussion areas will include: Why adoption of electronic invoicing and payment in the ocean freight market has lagged other modes The […]

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Chris Dupin Thursday, May 23, 2013

New Hapag-Lloyd service links Italy, Turkey and Egypt

   Hapag-Lloyd is launching a new service linking 10 ports in Italy, Turkey and Egypt.    The first sailing in the new Levante Express Service (LEX) will depart June 18 from Cagliari. Three vessels with approximate capacity of 1,400 TEU each will operate in this rotation: Cagliari, Alexandria, Damietta, Port Said, Mersin, Izmir, Cagliari, Genoa, […]

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Chris Dupin Thursday, May 23, 2013

Bank unveils financing tool for insolvent ships

   HSH Nordbank, one of the world’s leading shipping banks, said Wednesday it is has developed “an innovative financing solution for vessels, which are either in insolvency already or on the brink of filing for insolvency” together with the Navios shipping group.    Navios Group’s shipping companies, with financing assistance by HSH Nordbank, will buy […]

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Chris Dupin Thursday, May 23, 2013

SinOceanic to facilitate 10-ship order

   The Norwegian ship investment company SinOceanic Shipping said Thursday that, on behalf of unnamed foreign interests, it has entered into a contract with Jinhai Heavy Industries in China to build 10 x 8,800 TEU “state-of-the art, super eco containerships.”    The total transaction, consisting of the combined value of the vessels and the charter […]

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