U.S. steel exports increased in July 2.2 percent over June, according to government data analyzed by the American Institute for International Steel. “NAFTA steel demand improved in July compared to June by 6 percent, offsetting declines in other smaller international markets,” said David Phelps, president of AIIS, in a statement. “NAFTA market’s […]
“With the tolls going up as much as they did and the prospect of them continuing to go up, it was vital that the terminal be able to do something about the tolls so that it remained economically viable,” said Jim Devine, head of NYCT.
Deborah Hadden will be responsible for directing the planning, development, marketing, operation, security, financial management, administration, and maintenance of non-aviation properties in the Port of Boston.
The G6 Alliance said it will cancel two sailings in early October as part of its vessel maintenance programme and in connection with the National Holiday in China. The founding of China is celebrated on Oct. 1, and many businesses across the country are closed for seven days around that time. Voided sailings will […]
The American Institute for International Steel called antidumping cases filed earlier this week with the U.S. government by a group of domestic reinforcing bar manufacturers against suppliers in Turkey and Mexico the wrong way to deal with a depressed market. AIIS warned the domestic rebar industry, after more than five years of weak markets for […]
DFDS said the liner carrier’s share in the company was reduced from 31.3 percent to zero after the sale of 4.65 million shares. Maersk remains a major player in the European short-sea market via its Seago Line subsidiary.
Nexus Consulting of Alexandria, Va., said the attacks were carried out by a terrorist group calling itself Al-Furqan and its followers are “seeking to disrupt the canal with extreme means, including deadly force.”
Improperly weighed boxes present safety hazards for ships, their crews, other cargo on board, workers in port facilities handling containers, and on roads. These containers also lead to incorrect ship stowage and accidents.
Balder, a self-unloading bulk carrier owned by the Norwegian shipping company Torvald Klaveness and managed by CSL, has become the first vessel to operate in the U.S. Emissions Control Area using a scrubber manufactured by Norway-based Clean Marine. Using the Exhaust Gas Cleaning System allows the ship to remove sulfur from exhaust and […]
The U.S. Export-Import Bank entered its first marketing partnership in Iowa to help the Midwest state’s small and midsized companies boost their export sales and jobs. The City/State Partnership with Iowa Small Business Development Centers (SBDC) gives exporters enhanced access to information about the bank’s resources to exporters in all 99 counties of Iowa, Ex-Im Bank […]
Lars Mikael Jensen will become the chief executive officer of the P3 Network Center being created by Maersk, Mediterranean Shipping Co., and CMA CGM, if and when regulatory approvals for the alliance have been completed.
The Containerization & Intermodal Institute (CII) will present its 2013 Connie Award to H. Winchester “Win” Thurber III, chairman and chief executive officer of Norton Lilly International, on Dec. 9 at the Newark Club in Newark, N.J. “Early on, Win Thurber was able to change the shippers’ mindset from breakbulk transport to containerization […]
Just before Labor Day, the International Longshore and Warehouse Union cut formal ties with the AFL-CIO, expressing concern about jurisdictional battles with other unions as it prepares to negotiate a new contract next year.
Meanwhile, a federal judge signed a temporary restraining order last Thursday to get longshoremen at the Wando Welch and North Charleston terminals in Charleston to return to work following a brief walkout.
The carrier will use the new ships to replace aging tonnage. “It is our estimation that the car transport market and ro/ro cargo market will steadily grow, so we will continue to develop our fleet,” a “K” Line executive said.
Hapag-Lloyd said its Brazil Express Loop 1 (BX1) service is being replaced with a new South America East Coast Service (SEC) that will use slots on the so-called “Tango” service of Hamburg-Süd and CSAV. Tango provides weekly direct connections between ports in Brazil and Argentina and ports on the U.S. East Coast. Alianca […]
Nippon Kaiji Kyokai (ClassNK), the Japanese classification society leading an investigation into the breakup and eventual sinking of the containership MOL Comfort said the analysis and investigation of the casualty will take longer than initially expected, and will delay the release of its findings. “The team, which began investigating the MOL Comfort casualty […]
Evergreen Line has announced a transatlantic general rate increase on all commodities both eastbound and westbound, effective Oct. 1. For the transatlantic westbound, the GRI will be $150 for a 20-foot container and $250 for a 40-foot box. The eastbound GRI will be $150 for a 20-foot container and $200 for all 40-foot […]
United Arab Shipping Co. (UASC) has signed a contract with Hyundai Heavy Industries to have the Korean shipyard build it five 18,000-TEU ships and five 14,000-TEU ships. The order includes options for one additional 18,000-TEU vessel and six additional 14,000-TEU ships. The 18,000-TEU ships are scheduled for delivery beginning in the first […]
In its Outlook for U.S. Agricultural Trade released Thursday, the U.S. Department of Agriculture forecasts that agricultural exports will reach $140 billion in fiscal year 2013. If realized, this will be a new record for U.S. agriculture exports, USDA said. “We’re counting on Congress to help keep up this momentum. With just […]
