Maritime

FreightWaves Staff Saturday, July 18, 2015

Too many Florida container ports?

Container Analytics with Ben Meyer    Port Canaveral, located about halfway down the Atlantic Coast of Florida, this month opened its brand new container terminal. In doing so, however, it became the fourth container-handling port facility on the East Coast of an already crowded state and an even more crowded Southeast U.S. container port market. […]

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Chris Dupin Saturday, July 18, 2015

China’s shipping ambitions

   The Shanghai International Shipping Institute (SISI) has provided an interesting window into China’s ambition to continue growing its international shipping business.    China “will remain the largest cargo trader in the world and take a dominant role in global container shipping,” with imports and exports exceeding 200 million TEUs by 2030, SISI said.   […]

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Chris Dupin Saturday, July 18, 2015

An issue at sea and on shore

   It does not come into effect until July 1, 2016, but the World Shipping Council and other organizations are reminding shippers that mandatory amendments to the International Convention for the Safety of Life at Sea (SOLAS) will require, regardless of who packed their container, to verify and provide the container’s gross verified weight to […]

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Chris Gillis Saturday, July 18, 2015

Congressional harm to exporters

   The U.S. Export-Import Bank has been called a purveyor of “corporate welfare” and a “boondoggle,” but the federal government-backed institution has long proven a useful and secure financial tool for numerous small and midsized American companies who seek overseas buyers for their products.     Is it perfect? No, nothing is. A lot more negative […]

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Chris Dupin Saturday, July 18, 2015

Act of God

   In a dispute involving cargo damaged during Hurricane Sandy in 2012, a federal judge found the storm was an “Act of God,” absolving the defendant from liability. (Lord & Taylor v. Zim Integrated Shipping Services and New York Container Terminal. U.S. District Court, SDNY. 13 Civ. 3478. 6/18)    The retailer Lord & Taylor […]

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