Maersk Line, Ltd., the U.S.-flag vessel operator for A.P. Moller-Maersk, said it has completed the reflagging under U.S. registry of the Maersk Illinois, its newest multipurpose heavy-lift vessel. The ship is one of two sister vessels that MLL acquired in September 2011 and which will sail for Maersk-Rickmers U.S. Flag Project Carrier, providing […]
The liner shipping company CSAV has joined CMA CGM’s WAX 3 service which covers the Mediterranean to West Africa. CSAV will begin operating on this service, which it calls New Discovery 3, with the Jan. 17 sailing of Celina Star from Valencia. WAX 3/New Discovery 3 operates with five vessels averaging 3,414 […]
The shipping company Maersk Line has added a new Japan call and a 10th vessel to its weekly TP7 service between Asia and East Coast North America. The carrier has added a westbound call at Osaka, while increasing the number of vessels deployed on the service from nine to 10 and increasing round voyage time from 63 days […]
c The liner shipping company Crowley Maritime Corp. is now offering an additional weekly sailing between Port Everglades and Central America on Mondays. Like the existing Friday departure, the additional loop will call Port Everglades, Santo Tomas de Castilla, Puerto Cortes, and Port Everglades. Each loop is operated by a single 972-TEU vessel. The Monday loop began […]
The International Chamber of Shipping (ICS) said this week it has published its latest annual Shipping Industry Flag State Performance Table, which helps shipowners examine the substance of flag states before registering vessels there. The table collates various data available in the public domain, with the ICS encouraging shipowners to pressure their […]
GAC Group has expanded its Nordic ship agency, liner agency and project logistics network through the purchase of Lehmann Nordic Group’s shipping subsidiaries. The acquisition will give GAC more than 45 new staff and five additional offices in Denmark, Sweden, and Norway. LN, established in Copenhagen in 1900, grew from its origins […]
London-based private equity Man Capital LLP has acquired OTS Logistics Group, parent of non-vessel-operating common carrier Vanguard Logistics Services, from founder and chairman Owen Glenn. Terms of the deal were not disclosed. However, Man Capital said it will support and maintain the existing management team, led by Charlie Brennan, chief executive officer, […]
The liner carrier NYK Line is now taking slots on Emirates Shipping Line’s Hyper Galex service between China and India. The service has a rotation of Qingdao, Shanghai, Ningbo, Xiamen, Dachan Bay, Singapore, Port Kelang, Nhava Sheva, Pipavav, Karachi, Singapore, and Qingdao, the Japanese line said. According to American Shipper affiliate ComPair Data, […]
The liner carrier Zim said Tuesday it plans to increase rates on the trade from the Indian Subcontinent to Europe. The increase, $200 per TEU, is applicable to shipments to destination ports in Northern Europe, the Mediterranean, and Black Sea. The increase is effective from Feb. 1.
The liner carrier Safmarine has appointed Grant Daly as its new chief executive officer, effective Feb. 1. Daly is currently head of Safmarine’s multi-purpose vessel unit, a role he has held since October 2010, and will replace outgoing CEO Tomas Dyrbye. Daly has been with Safmarine since 1994, having held a number of […]
The stern of Rena has mostly submerged after the containership broke in half on Astrolabe Reef, off the coast of Tauranga, New Zealand during a storm over the weekend. Floating oil and containers are a concern.
The liner shipping company X-Press Feeders has ended its slot charter agreement with Mitsui O.S.K. Line on the latter’s weekly NCX service between Asia and the Indian Subcontinent. The service operates with five vessels, three from MOL and one each from partners Orient Overseas Container Line and Samudera Shipping Line, averaging 3,407 […]
There will be no letup in the rapid pace of reforms underway at U.S. Customs and Border Protection to reduce red tape associated with trade enforcement so that legitimate cargo can be cleared and processed as efficiently as possible, Acting Commissioner David Aguilar said 10 days into his new job. In an invitation-only meeting with three […]
Kerry Logistics said this week it will build a new logistics facility at Zhengzhou in central China’s Henan Province. Construction is due to begin in the second quarter of 2012 with a scheduled completion date in the first quarter of 2013. The logistics center will be built on 70,000 square meters of land, and will […]
Florida’s Global eProcure (GEP) has announced its acquisition of Enporion, a Tampa-based supply chain management firm. GEP has been a provider of sourcing and procurement services since 1999 and has expanded its business to include a SaaS (software as a service)-based source-to-pay platform. Enporion’s operations cover sourcing and e-procurement applications with many customers […]
India’s financially-stricken national carrier Air India has put its fleet of six Boeing 737-200 freighters up for sale in a bid to cut its losses on a dedicated cargo unit.
Non-vessel-operating common carrier CaroTrans said Monday it will start a new Los Angeles-Ho Chi Minh City export and import less-than-containerload service from Jan. 13. The service will provide 18-day transit port to port via CaroTrans’ Vietnam-based NVO partner, Seahorse Shipping. “Vietnam is a key trade market for the global shipping industry,” said […]
DHL Global Forwarding said Monday it has started a new less-than-containerload service from Italy to Kuwait. The weekly direct service will improve transit time from 32 to 27 days by avoiding transshipment in Dubai, DHL said. Kuwait’s economy grew an estimated 5.2 percent in 2011, and is experiencing an increased demand for […]
Investor William Ackman, who bought a 14 percent stake in the Canadian Pacific, plans to wage a proxy fight to take control of the railroad and replace its current CEO with Hunter Harrison, former chief of Canadian National.
U.S. Xpress Enterprises said Monday it has appointed Todd Smith as president of Arnold Transportation Services, the company’s regional truckload carrier. Smith most recently was president for five years at LinkAmerica Corp., a holding company for several regional truckload carriers that operate mainly in the south central and southeastern United States. “Having […]
