The Hong Kong-based liner company said it moved 1,453,193 TEU in the period ending June 30, 11.2-percent more than in the same 2013 period, while revenues were $1.5 billion, up 6.8 percent.
The Port of Oakland handled 205,692 TEU in June 2014, 4.6-percent more than in June 2013. Full export containers were 84,032, up 1.7 percent; full import containers were 73,853, up 5.8 percent; empty import containers were 19,776 TEU, up 13.2 percent; and empty export containers were 28,031 TEU, up 5.1 percent. In the […]
Qatar has become the majority owner of the United Arab Shipping Company (UASC), one of the most expansion-minded container shipping companies in the world. A U.S. Federal Maritime Commission notice in Thursday’s Federal Register reported that Qatar has recently attained a 51.27-percent ownership stake in UASC. The company was established in 1976 by […]
Degnan was nominated by New Jersey Gov. Chris Christie and confirmed by the New Jersey State Senate on July 10. Christie has been slammed for the role members of his administration had in the so-called “Bridgegate” scandal.
The International Longshore and Warehouse Union and employers represented by the Pacific Maritime Association resumed contact talks on Wednesday, following a break in which union negotiators attended a Longshore Division Caucus in San Francisco on Monday and Tuesday. Unless an agreement is announced today or tomorrow, negotiations will resume in August. A one […]
In Vancouver, Canada, the carrier said that “an increase in volumes diverted away from U.S. West Coast, coupled with limited allocation in rail cars to U.S. corridors, has resulted in significant congestion and increased dwell times.”
The project will improve access to the terminal gate complex and enhance the movement of new vehicles between BMW’s processing facility and the vessel-berthing area. The road improvements are being funded by cargo facility charges.
An array of sensors that provide ships and other users in the Port of Jacksonville with real-time tidal and weather information was dedicated Wednesday. The Physical Oceanographic Real-Time System (PORTS) is designed to save money, improve safety and enhance research regarding conditions in the St. Johns River. The $2.8 million PORTS system […]
Costamare, an Athens-based company that owns and charters containerships to liner companies, said it had net income in the second quarter ending June 30 of $27.4 million, compared to $30.6 million during the same period in 2013. Voyage revenue in the quarter was $123.5 million, compared with $100 million in the second quarter of […]
The Piracy Reporting Center of the International Chamber of Commerce’s International Maritime Bureau is raising the alarm about an increase in small tanker hijackings. While the overall number of incidents of piracy and armed robbery against ships reported to the piracy center was down in the first six months of 2014 — 116 […]
Roadrunner Transportation Systems of Cudahy, Wisc., said it has acquired Integrated Services, Inc., of Kokomo, Indiana, a regional logistics provider primarily focused the automotive industry, for $13 million. In 2013, Integrated Services generated revenues of approximately $21 million.
“As I commented this past spring when preliminary cargo figures began rolling in, we’re really entering a great period here at the Port of Philadelphia,” said Charles G. Kopp, chairman of the Philadelphia Regional Port Authority.
Port Freeport in Texas recently received two new post-Panamax cranes from Shanghai. Both cranes will occupy a portion of Berth 7 at Velasco Terminal. They stand just under 300 feet from the ground and can lift up to 75 tons. “The cranes will allow us to attract new services and business to […]
Non-vessel-operating common carrier Vanguard Logistics Services has established Vanguard Turkey Lojistik Hizmetler A.S., providing both import and export less-than-containerload services. The NVO has provided services in Turkey through a partnership with JMS for many years. The JMS employees will transition into the Vanguard Group, expanding Vanguard’s brand, operations and network to the Turkish […]
Crowley is reportedly “in talks to acquire Horizon Line’s port facilities in San Juan and its service between the mainland and Puerto Rico,” according to the publication Caribbean Business, which cited unnamed sources. However, Crowley Spokesman Mark Miller said, “Our plans have not changed. We are building two new, LNG-powered ConRo ships at […]
Foreign shipping lines are resuming container service to Iranian ports. “Thai Wan Hai Company became the first foreign shipping line that resumed operation in Iran after its ship berthed in the Southern Iranian Shaheed Rajayee port on Tuesday morning,” reported Iran’s FARS News Agency. Wan Hai is headquartered in Taiwan, but has subsidiaries […]
Derek Leathers, Werner’s president and chief operating officer, said his company has expanded its business relationship and worked closely with Hercules’ chairman and chief executive officer, and the company’s management for six years.
Matson said it entered into a settlement agreement on July 17 with the federal government over a whistleblower lawsuit that claimed violations of the federal False Claims Act because ocean freight fuel surcharges were imposed on portions of military household good shipments that moved in part by rail or truck. In a Securities […]
The U.S. Federal Maritime Commission has received 20 ocean transportation intermediary license applications and changes for review.
The U.S. Federal Maritime Commission has received 20 ocean transportation intermediary license applications and changes for review.
