Bohandymar Ltd., a subsidiary of Antwerp-based Compagnie Maritime Belge, ordered six handy-size Eco-type bulk vessels of 36.000 deadweight tons each from Samjin Shipbuilding Industries Korea on “very competitive conditions.” CMB did disclose the financial terms of the ship order. The order includes two options each for two additional vessels. The delivery of […]
In advance of the 8th Ministerial Conference of the World Trade Organization, the United States on Wednesday announced steps to help the poorest WTO member countries benefit more fully from global trade. Expanding on programs providing preferential access to the U.S. market for least developed countries’ (LDCs) exports, as well as ongoing […]
Singapore-based energy supplier Chemoil has installed Aspect Enterprise Solutions’ AspectCTRM trade and risk management platform for its marine and renewables business. The deal gives more than a thousand Chemoil employees an integrated way to process trades from initial capture through to its enterprise resource planning (ERP) system. Aspect said its Software-as-a-Service (SaaS) package will […]
Starting today, the U.S. Commerce Department’s Assistant Secretary Kevin Wolf will hold weekly teleconferences at 2 p.m. (Eastern time) to answer questions about the department’s proposed rules related to the White House’s export control reform. “These calls are intended to foster public understanding of the initiative and to assist interested parties to […]
The Swedish competition authority has approved a deal APM Terminals announced with the Port of Gothenburg in October for APM to manage Sweden’s largest container terminal – the Skandia Container Terminal– for the next 25 years.
The port of Le Havre will reward companies that operate clean ships in Le Havre beginning in 2012. Starting on Jan. 1, 2012, the top ten companies with the cleanest container or Ro-Ro ships’ emissions will receive a reward allowing them to reduce port dues on ships by up to 10 percent. Ships […]
Advanced Supply Chain, a 3PL company based in Bradford, United Kingdom, has opened a new warehouse in Corby, Northamptonshire, England, which will create roughly 150 new jobs. The warehouse brings Advanced Supply Chain to more than one million-square-feet of warehouse space and is Advanced’s first facility outside of Yorkshire. The company called the […]
Dennis Cohen, senior director of direct import/own brand supply chain at Office Depot, and Larry Bergman, director of supply chain and operations for Boscov’s Department Stores LLC, were named chairman and vice chairman, respectively, of the National Retail Federation’s Strategic Supply Chain Council. The SSCC provides guidance and technical expertise on supply chain management […]
U.S.-flag Great Lakes freighters carried 10 million tons of dry-bulk cargo in November, an increase of 11.9 percent over the 8.96 million tons carried in November 2011, said Lake Carriers’ Association, which represents 17 American companies that operate 56 U.S.-flag vessels on the Great Lakes. The November float was also 3.8 percent above the […]
Patrick Quinn, founder of truckload carrier U.S. Xpress, the second largest privately owned U.S. truckload carrier, and a past chairman of the American Trucking Associations, died Tuesday following a battle with brain cancer.
Maersk Line will reintroduce its CRX service linking Mexico and Central America with Northern Europe this week. The line merged the CRX with its Ecubex service in mid-2011, but will now operate the CRX as a standalone “for the years to come,” it said in a statement. The CRX will have […]
DHL Global Forwarding said it will open eight offices in the U.S. this year in what it considers to be expanding markets with the potential for future growth. Offices have been opened in Austin, Texas; Albany, New York; Calexico, California; Reno, Nevada; Boise, Idaho; Greenville-Spartanburg, South Carolina; Louisville, Kentucky. Another office will be opened […]
The Global Port Tracker of the National Retail Federation and Hackett Associates forecasts that import cargo volume at the nation’s major retail container ports should be up slightly this month when compared to December 2010.
TUI Group took another major step on the path towards exiting the container shipping business by offering an additional 33.3 percent share in Hapag-Lloyd to the Hamburg-based group of investors, the Albert Ballin consortium.
The liner carrier CMA CGM said Tuesday that its new partner on the line’s Asia-New Zealand ANZEX service, OOCL, will provide one vessel on the service from the end of the month. American Shipper reported the partnership Monday. The service is currently operated with six CMA CGM vessels, but from the end […]
The liner carrier ANL will revise the surcharges it applies on shipments from North America to Australia, the line said this week. From Jan. 15, the line will assess port service charges of $395 per 20-foot container and $485 per 40-foot container for dry shipments and $460 per 20-foot container and $535 per […]
Hyundai Merchant Marine has secured $500 million in financing for its latest order of ultra-large containerships to be delivered in 2014. The South Korean line this summer order five 13,100-TEU ships to complement another five ships of the same size to be delivered in the first half of 2012. DNB Bank, […]
Maersk Kalmar Maersk and the U.S. Navy are testing algae-based biofuel on the container ship Maersk Kalmar. The ship, en route from Northern Europe to India, has a dedicated auxiliary test engine, which reduces the risks of testing, and its fuels system has a special biofuel blending equipment and separate tanks. During its month-long, 6,500 […]
The containership chartering company Seaspan Corp. said Tuesday that it has entered into a binding memorandum of understanding to buy Seaspan Management Services in a stock-based transaction valued at $54 million, excluding potential balance sheet adjustments and future fleet growth-based payments. Since Seaspan’s initial public offering in August 2005, the manager has provided […]
The United States and St. Christopher and Nevis signed an open skies aviation agreement that will liberalize air services for the carriers of both countries. “This agreement means the travelers, airlines and economies of both the United States and St. Christopher and Nevis will benefit from competitive pricing and more convenient service,” […]
