The ageing container feeder fleet is not being replaced at a fast enough rate. According to Vessels Value, nearly a quarter of the feeder fleet, 638 ships, are over 20 years old with only 222 currently on order and with more cargo and more large vessels arriving the demand is expected to increase.
The two newly sworn-in commissioners will fill four of the five available positions on the commission, which is charged with regulating liner shipping in U.S. trades.
Recovery work and damage assessment will be conducted at the Port of Freeport.
“The state of the port is busier, cleaner and safer than ever.”
Port’s growing base of automotive and other shippers needs better way to move freight as traffic woes mean Charleston is ‘not as quaint.‘
Hard commodity volumes were mixed, but intermodal and coal are better; pricing is the best in seven years.
Maritime 2050 Navigating the Future is the British Government’s new strategy to develop maritime services in the UK. However, there is no new money attached tot he strategy and the aim to become a world leader in digital technology is already trailing many other countries.
New technology is allowing operators on inland waterways to develop river trains that will transport cargo to and from European sea ports at significantly lower cost. The trains will digitally tethered to a lead vessel which will have an on-board crew.
Financial transactions within the U.S. maritime sector – including vessel loans and project eligibility – are on hold waiting for an end to the government shutdown.
Port plans new wharf for container-on-barge service that has been slow to take off elsewhere; container imports show big December jump.
The Sturgis proved that a floating nuclear power plant was not only possible but practical and safe.
Carriers are being delayed at border crossings due to Customs and Border Protection’s inability to confirm online that annual user fee payments were made.
Port truck operators could potentially increase their wages by using a new service from NEXT that helps them run shorter runs and return to ports with empty containers. The company just secured $97 million in funding to help it expand.
Tight supply of labor, chassis, railcars, and space all contribute to port woes. Autonomous ships coming to Norway by next year.
Freight volumes coming into U.S. remain high in January, but delays and congestions turn trips to major marine terminals into ‘madhouse.’
Autonomous shipping is moving faster than regulators can regulate with the expectation that the first fully autonomous container ship will start operations in Norwegian waters by 2020.
Increasing regulation in the shipping sector could see an increase in the cost of vessel operations, which ultimately could raise the cost of freight.
Heavy ice on the Great Lakes last spring got iron ore shipments off to a slow start and a steep dip in coal shipments contributed to lackluster year-end results.
TMS provider brings on chief technology officer; regional parcel carrier hires final-mile president and sales leader.
Top supply chain trends and Rhode Island collects more in toll revenue than it expected, plus the growing scooter logistics sector and more container checks.
