CMA CGM will begin calling the port of Buchanan in Liberia with its PC North service March 24, the company said. The French container carrier said it is the first shipping line to call the city, located 100 kilometers south of the capital, Monrovia, in 20 years. “This new call primarily responds […]
A shipping association chairman is warning that exporters of forest products in containers through the Port of Vancouver may move their cargo to other ports, switch to using breakbulk vessels or do both because of an ongoing strike.
The Port of New York and New Jersey is being severely impacted by a shortage of chassis needed to deliver and pick up containers at marine terminals, according to drayage companies and forwarders/custom house brokers.
Russian intermodal transport operator Ruscon has started a scheduled flexitank container service to Kazakhstan. In the first quarter of 2014, about 40 containers arrived from Italy at the port of Novorossiysk on the Black Sea, the company said. This number is expected to increase over the next few years. From Novorossiysk, the […]
Ship Finance International Limited said Tuesday it will acquire two 5,800-TEU container ships built in 2001 and 2002 in combination with long-term charters. “The vessels are expected to be delivered to SFL over the course of the next few weeks, and the annual EBITDA contribution is estimated to be approximately $5.5 million on […]
Pilgrim Pipeline Holdings Inc. is proposing construction of a dual pipeline between Albany, N.Y., and northern New Jersey. One pipe would carry refined products such as gasoline, diesel, heating oil, and jet and aviation fuel north, while the other pipe would be used to move crude oil south from Albany to refineries and terminals […]
The Federal Maritime Commission “unanimously voted to effectively allow the Ports of Seattle and Tacoma to move forward on a cooperative agreement to exchange information and work together to find synergies,” Commissioner William Doyle said.
The announcement Monday that two big fruit companies — Chiquita and Fyffes — plan to merge also means that two of the top 10 operators of conventional breakbulk reefer ships will combine.
Global Terminal in Bayonne, N.J., is upgrading its terminal operating system (TOS) by becoming the first company in North America to upgrade to version 2.5 of Navis’s N4 TOS. This recent version of Navis N4 supports Global’s new state-of-the-art radio frequency identification and optical character recognition gate technologies commissioned last summer, as well […]
U.S. steel exports were 963,060 tons in January, up 10.5 percent from December 2013, but 10.6 percent lower than in January 2013, according to U.S. government data.
OOIL Chairman C.C. Tung said that overcapacity will occur this year, stemming from tonnage growth, but that there will be higher demand than in 2013. OOIL saw revenue of $6.23 billion in 2013, compared to $6.46 billion in 2012.
The U.S. Commerce Department on Friday reported that the country’s exports of goods and services for January reached $192.5 billion, up from $191.3 billion in December. “U.S. exports are off to a solid start in 2014, and we will build on that success in the months and years ahead,” said U.S. Commerce Secretary […]
Investigators are trying to determine the cause of a fire that broke out Thursday on a barge that was being towed to Puerto Rico as part of Crowley Maritime’s regular service to the island. A Coast Guard spokesman said the fire had been extinguished and that the 730-foot container barge was currently docked […]
Sea Star Line has agreed to pay $1.9 million, and Horizon Lines has agreed to pay $1.5 million. The civil settlements resolve allegations in a lawsuit filed in federal court by former Sea Star Line executive William Stallings.
Hanjin Shipping America said it plans to relocate its Atlanta service center functions to its Phoenix service center and relocate claims functions from Atlanta to Phoenix. The changes are expected to be completed by July 1. Hanjin said centralization of the functions will allow it to leverage “technology, training, management and other assets […]
Import container volume in March is expected to reach 1.28 million TEU at major U.S. retail container ports, a 12.4-percent increase over March 2013, as retailers begin to stock up for spring and summer business, according to the monthly Global Port Tracker report. Released today by the National Retail Federation and Hackett Associates, […]
Transpacific container volumes are expected to increase in the next several years, but increased capacity brought on by ships cascading from the Asia-Europe trade bring challenges as carriers seek to raise rates and prevent volatility.
The Chilean shipping company CSAV will pay a $625,000 civil penalty under a compromise agreement reached with the Federal Maritime Commission. In addition to its container liner business, CSAV operates roll on/roll off vessels in U.S. inbound and outbound trades, and was alleged to have violated the Shipping Act by acting in concert […]
Anchorage, Alaska, is suing the federal government in the U.S. Court of Federal Claims over what it says is the U.S. Maritime Administration’s (MarAd) “breach and complete abdication of its contractual responsibilities” as manager of a port improvement project. Management of the project was “not handled competently,” Anchorage Mayor Dan Sullivan said during […]
The president of the Pacific Maritime Association said that while negotiations with the union may go past the July 1 expiration date for the current labor pact, he expects an agreement to be reached without a labor stoppage.
