Maritime

Chris Dupin Monday, January 6, 2014

CMA CGM ship loses container overboard

   CMA CGM said one of its ships, the 5,770-TEU Rossini, lost 14 containers overboard off Ushant at the southern entrance to the western English Channel on the night of Jan. 3.    The company-owned ship was sailing from Le Havre to Port Said in Egypt.    French maritime authorities were immediately notified, and the […]

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Chris Dupin Friday, January 3, 2014

Shanghai Container Freight Index rises

   The Shanghai Container Freight Index was set at 1,176.12 on Friday, Jan. 3, 62.39 points higher than a week earlier.    The index is a weighted average of estimated spot container freight rates on 15 routes out of Shanghai to different destinations worldwide and prepared by a panel for the Shanghai Shipping Exchange.    […]

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Chris Dupin Friday, January 3, 2014

Kirby makes changes to executive suite

   Kirby Corp., the nation’s largest tank barge operator and diesel engine services provider, said David W. Grzebinski has been elected president and chief operating officer, and that it plans to make him chief executive officer later this year.     Grzebinski has been serving as the company’s executive vice president and chief financial officer since […]

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Chris Dupin Friday, January 3, 2014

Crowley calling new Cuba terminal

The liner carrier said its weekly service to Cuba will begin by using the country’s new shipping terminal in Mariel, instead of Havana. The service will start with the sailing of the ship K Breeze from Port Everglades, Fla., on Jan. 25.

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Chris Dupin Friday, January 3, 2014

Malcom McLean Jr., son of container pioneer, dies

   Malcom Purcell McLean Jr., son of containerization pioneer Malcom McLean Sr., died at his home in Orange Beach, Ala., on Sunday, Dec. 29, after a prolonged illness.    He is survived by five children: Kemberly Sehoy McLean, Malcom P. McLean III, Jennifer Lacy McLean Sharpe, Christopher George McLean and Andrew Sikes McLean; four grandchildren; […]

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Chris Dupin Friday, January 3, 2014

Columnist: Florida ports should look at cooperation

   A Florida-based management consultant who previously was a port executive suggested that because Florida ports are receiving more assistance from the state they should “engage in an exchange of ideas of how to make our port system better, ideas that may include consolidation or rationalization, and even the long-whispered state port authority, among many […]

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Chris Dupin Tuesday, December 31, 2013

Car carrier, chemical tanker collide near Busan

   A car carrier collided with a chemical tanker off South Korea’s southeast coast on Sunday, causing the tanker to catch fire, but press reports say 91 crew members on the two ships were rescued safely, though some suffered “light burns or abrasions.”    A report in the Korea Times said the ro-ro ship Gravity […]

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Chris Gillis Monday, December 30, 2013

Mali re-enters AGOA

   The White House has reinstated Mali’s eligibility to receive trade benefits under the African Growth and Opportunity Act, meaning that 40 of the 49 potentially eligible countries in sub-Saharan Africa are now eligible to receive benefits.

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Chris Dupin Monday, December 30, 2013

Containership oversupply to continue

   The amount of capacity on idle, unemployed containerships reached reached 718,000 TEU in mid-December, according to Alphaliner, and “is expected to continue to rise until the end of March, as the current excess supply is aggravated by accelerating vessel deliveries due in the first half of 2014.” Idle capacity averaged 595,000 TEU this year […]

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Chris Dupin Monday, December 30, 2013

Seaspan announces refinancing

   The containership chartering company Seaspan Corp. announced Monday it has entered into an agreement to extend and refinance its $1 billion credit facility.    “The refinancing provides multiple benefits for Seaspan and its shareholders, as we extended the maturity of the facility and decreased our total debt position, enabling the company to further strengthen […]

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