All-in rates on the way out as new surcharge formulas on the way in as ocean carriers work on ways to share cost burden with customers.
Industry veterans are promoted and board members are selected.
The U.S. Federal Maritime Commission has adjusted its civil penalty amounts to account for inflation, as required annually by the 2015 Federal Civil Penalties Inflation Adjustment Act Improvements Act.
LNG shipments to Puerto Rico caught in the middle of latest battle over the Jones Act maritime regulation.
Rail operator Aurizon has completed the sale of its Queensland Intermodal Business to privately owned Australian logistics company Linfox. The Queensland Intermodal Business delivers general cargo for more than 300 customers across the state and includes a wide variety of freight including groceries, white goods and general goods.
Maritime 2050 is the United Kingdom’s flagship maritime policy that Transport Minister Chris Grayling hopes will launch Brtish industry into a leadership role in shipping. However, the policy is short on specifics and there is no development money.
Drewry says carriers will focus on making sure they can recover higher fuel costs.
The European Commission cites competition concerns for blocking the proposed deal on Wednesday.
Georgia lays out the welcome mat for the largest containership with new gear; Maersk CEO looks to land for next deals.
Captain Peter will be integrated into the remote container management platform during the first half of the year.
VesselsValue says China still has the most valuable container fleet despite also seeing the largest drop in worth.
The funding increases the Chicago-based startup’s total capital raised to $100.5 million and comes less than a year after it gained $35 million in backing.
Vessel discharge of the Ever Summit, which struck a crane on Jan. 28, is expected to be completed by Thursday morning.
The Port of Cork is developing a new state-of-the-art container terminal, which is expected to be open for business in 2020, 10 kilometers downstream, leaving the old Tivoli port area available for urban regeneration.
The port authority says the project proposed by Fraser Surrey Docks failed to show substantial progress on construction had been made by Nov. 30, one of 83 conditions.
Record-breaking year also showed strains in supply chains as busiest U.S. East Coast port.
The Class I railroad says it has seen an increase in efficiency and improvement in quality of customer service since implementing scheduled railroading.
The containership’s 16 sister vessels also are technically prepared for retrofitting.
Australia’s busiest box port, the Port of Melbourne, broke the three million mark in handling twenty-foot-equivalent unit (TEU) shipping containers in the last calendar year. It is likely the first time that any port anywhere in Australia has handled three million TEU in any twelve month period whether that’s on a running month, financial year, or calendar year basis.
An industrial dispute between the local longshoremen’s union, the Maritime Union of Australia (MUA), and stevedoring company, Hutchison Ports, is intensifying. A one day strike is now taking place.
