The report found “supply chain analysis increasingly important for businesses. For the second year in succession, (business interruption) and supply chain risk ranks as the top peril in the Risk Barometer.”
London Thamesport has welcomed the announcement of a new short sea container shipping service by A2B-online, a Dutch transport company specializing in full load, part load, and pallet consignments to and from the United Kingdom, Benelux and Germany. The new container shipping service, which will start on Jan. 28, will offer three sailings […]
NYK said it has increased its ownership of a car terminal company in Kazakhstan from 25 percent to 100 percent. NYK Holding Europe B.V., an NYK Group company, acquired full ownership of Tranco Terminal, the largest car-terminal operating company in Kazakhstan, on Jan. 15, and began operations under the name NYK Auto Logistics […]
The Justice Department on Thursday said two men were indicted by a federal grand jury in Las Vegas for violations of the federal renewable fuel program that allegedly netted them more than $37 million. The 57-count indictment against James Jariv, 63, of Las Vegas, and Nathan Stoliar, 64, of Australia, includes allegations of […]
The U.S. Environmental Protection Agency issued a final rule this week to move ahead with the development of a national electronic manifest system to replace the existing paper-based system for tracking hazardous waste. Mathy Stanislaus, assistant administrator for the EPA’s Office of Solid Waste and Emergency Response, called the action “a key step […]
The 20 largest container shipping companies lost an aggregate of $1.3 billion between 2008 and 2012 according to Dynamar, which attributes this increased volatility to the creation of the Shanghai Containerised (Export) Freight Index.
The Japanese shipping company said the alliance will “organically connect TraPac’s expertise in top-level terminal operation with Toronto-based Brookfield’s knowledge of the infrastructure business in North/South America, Australia and Europe.”
The Greenbrier Companies said Thursday that its Gunderson Marine division has received an order from Kirby Offshore Marine to build an articulated ocean-going oil and chemical tank barge, with an option for a second unit, to meet growing demand. The 578-foot tank barge is one of the largest in Gunderson’s history, and will […]
The Federal Maritime Commission wants more information on the proposed expansion of the G6 vessel-sharing agreement (VSA). Commissioners voted to ask for additional information from the G6 container carriers — APL, Hapag Lloyd, Hyundai Merchant Marine, MOL, NYK and OOCL — who want to expand their six-way cooperation into the Asia-U.S. West Coast […]
Pacific International Lines (PIL) will begin calling the Port of Seattle next month. Singapore-based PIL’s new Asia Pacific Northwest Service (ANW) will call Terminal 30 in partnership with China Shipping Container Lines’ (CSCL) and United Arab Shipping Company’s (UASC) existing joint service. The service will have a port rotation of Nansha/ Hong […]
MOL is planning to sell a 49-percent interest in its TraPac terminal subsidiary to a Canadian company, Brookfield Asset Management.
Evergreen has taken delivery of an additional 8,508-TEU containership built at CSBC Corp.’s shipyard in Kaohsiung. The ship, Ever Lucid, will join one of the Taiwanese carrier’s Far East – Europe strings.
INTTRA said the Chilean container shipping company CSAV will make INTTRA a preferred e-shipping platform for its shippers and freight forwarders. “By making INTTRA’s e-commerce capabilities and network available to our customers, we are accelerating execution on our top priority — to deliver the highest level of service by using the best technologies […]
A bill that seeks to halt shipping fees charged by the Port Authority of New York and New Jersey has been passed by New Jersey’s Assembly and Senate. New Jersey Sen. Bob Gordon and Sen. Nicholas P. Scutari say the bill is needed to protect the competitiveness of the port. The bill […]
The Maritime Administration kicked off a three-day “National Maritime Strategy Symposium” in Washington on Tuesday with calls to expand the U.S. flag fleet serving international trade. Secretary of Transportation Anthony Foxx told those attending the symposium that the country needs a policy that “keeps America’s sealift capability, protects our long term economic interests, […]
ILA members approved a national master contract that covers containerized cargo last April. But negotiations over local issues and handling of breakbulk cargo continued in some ports, including Baltimore.
The U.S. Senate Committee on Commerce, Science, and Transportation on Monday evening favorably reported President Obama’s nominees for several positions including: Paul Jaenichen, Sr., to be administrator of the Maritime Administration Debra Miller, to be a member of the Surface Transportation Board Arun Kumar, to be Assistant Secretary for Trade Promotion and Director General […]
CMA CGM, Maersk, APL, OOCL, Emirates Shipping, Hamburg Süd and Regional Container Lines will cooperate on services between the Far East and Indian subcontinent starting next month.
Reederei NSB, the owner of the containership MSC Monterey, said repairs on its cracked deck and hull have been completed.
Members of the G6 Alliance today announced the cancellation of two Asia-Europe sailings in response to seasonal changes in market demand.
