The former Horizon Lines executive was offered the job in June, but some members of the port authority’s board had asked whether there might be any conflict of interest in hiring Taylor because he was receiving a severance package from Horizon.
U.S. steel imports declined 14 percent in June compared to May, according to preliminary government data recently analyzed by the American Institute for International Steel (AIIS). “The decline in imports from May of semi-finished steel represented half of the total month to month decline in June over the final import data for May. The […]
Gerard J. Coyle, vice president of environmental and sustainable operations for Evans Delivery Co., said at a House field hearing that “the New York City Metropolitan area has some of the worst traffic congestion in the nation.”
The U.S. Food and Drug Administration has published its proposed regulations to implement its Foreign Supplier Verification Program (FSVP) and third-party auditor accreditation under the Food Safety Modernization Act (FSMA). Under the proposed rules, the importer or its U.S. agent must provide assurances that imported food meets FSMA standards or face entry and/or […]
The U.S. International Trade Commission said the four-year-old Earned Import Allowance Program (EIAP) is not providing enough incentives to help boost the competitiveness of Dominican apparel exports in the U.S. market. The agency published its findings in the report, Earned Import Allowance Program: Evaluation of the Effectiveness of the Program for Certain Apparel […]
Drewry said “ocean carriers should not count too much on a significant revenue boost” in the third quarter this year, adding the “peak season of the east-west trades no longer means a big surge in cargo volumes.” While the third quarter “will probably still be the best for ocean carriers,” the London-based consultant said the proportion […]
Hapag-Lloyd said it is implementing a “low water surcharge,” effective Aug. 5, for cargo moving between Montreal and North Europe, the Mediterranean and Africa as well as East Asia, Indian Subcontinent and the Middle East. The German carrier cautioned earlier this month that it might implement the surcharge if the water fell to a […]
Non-vessel-operating common carrier Shipco Transport will open a new sales and operations office in Taipei. “With the opening of Shipco Transport in Taiwan, we are closing one of the last remaining gaps in direct representation in Asia and can now offer more complete coverage within main markets and countries of the Asia region.” […]
The American Maritime Partnership (AMP) said it opposes legislation introduced by Puerto Rico Resident Commissioner Pedro Pierluisi to relax the U.S.-build requirement of the Jones Act for bulk vessels operating in the Puerto Rico trade. “The Pierliusi bill would weaken U.S. national defense and undermine the investments made by American vessel owners and operators,” […]
Puerto Rico’s representative to the U.S. House of Representatives said he has introduced legislation that would exempt vessels carrying fuel, agricultural products and other bulk cargo from provisions of the Jones Act.
Effective August 1, the per container charge with a destination within 260 miles of the Port of New York and New Jersey will be reduced to $94 from $100 in all trades except in the Bermuda trade.
“We currently expect our market environment to hold fairly steady as we head into the second half of the year,” Brian M. Sondey, TAL’s president and chief executive officer, said.
China International Marine Containers said that it has entered into a $425 million shipbuilding contract with the Chinese shipyard, New Times Shipbuilding, for the construction of five 8,800-TEU containerships. The ships, which are expected to be delivered in 2015, will be chartered to MSC for 204 months.
Loaded container volumes in the first six months were 757,632 TEU, up 7.2 percent; empty container volumes totaled 220,934 TEU, up 6.4 percent. The port handled 166,093 TEU of containerized cargo in June.
Hapag-Lloyd said the G6 Alliance’s New York Express, or NYE, service is relocating to the New York Container Terminal on Staten Island from Maher Terminal effective with the arrival of the Hyundai Dynasty Thursday. The company said the switch was being made “in response to the Maher terminal congestion issues. This action will […]
Global Container Terminals said its New York Container Terminal (NYCT) on Staten Island in New York has entered into an extension of its lease agreement with the Port Authority of New York and New Jersey through the end of 2029. Global said the port authority has agreed to certain improvements to road conditions […]
Costamare, the Athens-based ship containership charterer, said Wednesday that it had net income of $30.6 million in the second quarter of compared to $21.1 million in the same 2012 period. Voyage revenue was $100 million in the second quarter, up from $96 million in the second quarter of 2012. The company also reported […]
U.S. Customs and Border Protection (CBP) and the Federal Maritime Commission said they have signed an agreement to share data from CBP’s Automated Commercial Environment-International Trade Data System (ACE-ITDS) “in order to strengthen the balance of facilitation and enforcement regarding the regulation of ocean carriers and other entities involved in ocean trade.” “This […]
The U.S. Maritime Administration is awarding $9.46 million to 12 shipyards, but it received about 10 times as many requests for money as it could provide–113 grant applications requesting $96 million in assistance.
The service was taken offline Friday for about 16 and a half hours because of a problem with a piece of computer equipment located in New Jersey that required the installation of a software patch.
