Johnson & Johnson Medical China has awarded Kuehne + Nagel a contract to manage the warehouse for its medical devices in China. Kuehne + Nagel said the warehouse is close to the Pudong International Airport in Shanghai and includes management systems and temperature-controlled areas. “The cooperation with Kuehne + Nagel goes beyond the […]
Carrier Transicold said Tuesday it’s making commercially available a refrigeration unit for ocean containers it calls NaturaLINE, which uses carbon dioxide (CO2) as a refrigerant instead of fluorocarbons. “Throughout all of its sea trials, NaturaLINE demonstrated itself to be an outstanding performer,” said David Appel, president of Carrier Transicold. “Through the use of CO2 as a […]
Liner carrier members of the alliance have announced the withdrawal of eight Asia-Europe sailings from late October 2013 to February 2014 in response to expected low demand over the winter season.
American Roll-on Roll-off Carrier (ARC) said it is expanding its Atlantic Service through the addition of a fifth U.S.-flag ro-ro vessel, Freedom. ARC said it will add regular ports of call to Galveston, Texas and Veracruz, Mexico. The Atlantic liner service will henceforth consist of five vessels on a 10-day frequency with […]
The Port Equipment Manufacturers Association (PEMA) has published an information paper on container weighing technologies. The paper’s release follows the International Maritime Organization’s recent decision to press forward with a mandatory worldwide system for verifying container weights. “Container weighing is an increasingly hot topic in the global shipping industry and recent legislation […]
The NVOCC CaroTrans said that it will start offering an expedited LCL import service from Hong Kong to Atlanta with a 22-day transit time. CaroTrans said the service, which begins October 14, covers the entire Pearl River Delta region including main cities Guangzhou and Shenzhen, as well as Xiamen with consolidations in Hong […]
An influx of additional containership carrying capacity is hurting freight rates, especially the dynamics of the North-South trades, according to the London-based shipping consultants Drewry.
SeaIntel says an analysis of container traffic at North American seaports between 2006 and 2012 shows the share of the market handled by ports on the East Coast of North America has increased, while the share handled by California ports has dropped. The SeaIntel Sunday Spotlight newsletter found 18 out of the 19 […]
Drewry said the decision by ocean carriers to dump unwanted vessel capacity from their East-West schedules into North-South trade lanes “is now seriously hemorrhaging freight rate levels in North-South services.”
Container Trade Statistics says an aggregated volume data survey shows the container shipping industry “may be finally pulling out of one of its longest recessions in history.” “Overall, global containerized exports in August grew by 6.25 percent to 10,949,700 TEUs compared to August of last year. Underpinning the latest expansion was a sixth […]
“2013 has been a significant year for Safmarine MPV which started with the AP Moller-Maersk Group’s decision to establish the Safmarine MPV business as a separate and independent business unit within the group,” a company executive said.
DNV-GL, the classification society formed last month through the merger of Det Norske Veritas and Germanischer Lloyd, said its FutureShip has collaborated with Hyundai Heavy Industry to optimize the design of new ships being built for United Arab Shipping Co. (UASC). UASC has ordered five 14,000-TEU ships with six options and five 18,000-TEU ships […]
“After 42 years of dedicated service to the maritime industry here in San Pedro Bay, I have decided to retire as executive director of the Port of Los Angeles and pursue other interests,” said Geraldine Knatz in a statement.
A team of shipping, offshore and finance professionals have announced plans to establish Maritime & Merchant Bank (M&M), a niche financial institution, based in Norway, that will serve the shipping and offshore industries.
The Chilean carrier said an agreement with six banks will finance 60 percent of the cost for seven 9,300-TEU ships and the other 40 percent will come from a capital increase of $330 million carried out by the company last month.
National Shipping of America, which in May started a fortnightly service between Houston and Puerto Rico, said it will add a southbound call to the Florida port, enabling it to offer fast transit from the mainland to the Caribbean island.
Container carriers are revising upward planned increases in freight rates from the Far East to Europe. Maersk announced on Sept. 17 a general rate increase of $600 per TEU beginning next month. The carrier has now revised that GRI increase to $950 per TEU, effective Nov. 1. Maersk’s revised GRI will apply to […]
Digitimes said in the past Apple products had to be first shipped to Hong Kong or Shenzhen, China, to complete the export procedures and then imported back before they could hit store shelves in China.
The Council of Supply Chain Management Professionals (CSCMP) is preparing for its second conference in Singapore, Jan. 22-24. The event, Effective Strategies for Managing Supply Chain Risk: Assuring the Viability of Your Supply Chain, will examine supply chain risk, discuss strategies to improve resilience, and prepare logistics professionals to deal more effectively with […]
The U.S. Federal Maritime Commission has received three ocean transportation intermediary license applications and a change for review. The FMC received a non-vessel-operating common carrier license application from Zhejiang Sunmarr International Transportation Co., City of Industry, Calif. (Ya Liu, deputy general manager); and an ocean freight forwarder license application from Gator Source and Supply Co., […]
