Austrian crane manufacturer Liebherr has opened a new $20 million sales and service center in Miami off Okeechobee and the Florida Turnpike. It will serve as a major hub for Liebherr’s maritime cranes division and further strengthen its business relations to Central and South America and the Caribbean regions, said Gernot Schranz, president […]
The U.S. Department of Agriculture today announced actions to manage the domestic sugar surplus, as required by law, while operating the sugar program at the least cost to the government. “Record-breaking yields of sugar crops and a global surplus have driven down U.S. sugar prices and USDA is required to act to stabilize […]
The Japanese carrier said the 7,041-TEU MOL Comfort sustained the crack in the Arabian Sea at around 7 a.m. local time on Monday morning while in transit from Singapore to Jeddah. India’s Coast Guard helped with the rescue.
Developers proposing to build a new canal across the Central American country are targeting operators of large ships that will not pass even through the new set of locks being build at the Panama Canal.
The shipping consultants Drewry are predicting that the westbound cargo growth in the Mediterranean-North America trade “is likely to remain poor, so more schedules between the Mediterranean and ECNA (East Coast North America) will need to be rationalized soon. Operating services in isolation, such Hapag-Lloyd’s MGX schedule, and MSC’s loops A and B, appears […]
COSCO Pacific reports that it handled 5.1 million TEUs in May, 7.6 percent more than in May 2012. Year to date, the company has handled 24.4 million TEUs, 10.1 more than in the first five months of 2012. – Chris Dupin
The U.S. Supreme Court ruled Thursday in favor of the American Trucking Associations (ATA) in the group’s effort to turn back the Port of Los Angeles’ efforts to regulate the drayage trucking industry. In 2007, the port created a Clean Truck Program that required trucking companies operating at the port to enter into […]
In 2011, the port instituted a cargo facility charge (CFC) on all waterborne cargo, including empty containers. The fee is $4.95 for 20-foot containers, $9.90 for 40-foot containers, and $1.11 per unit for vehicle cargo.
French liner carrier CMA CGM has announced a “revenue restoration program” on its Asia-Europe trade lane. Outbound from Europe, the company said it will impose a general rate increase on July 1 of $150 per 20-foot container and $200 per 40-foot container from North Europe (defined as North Continent, Scandinavia, Baltic, and the United […]
The first of Maersk’s new “Triple-E” ships was officially named this morning in a ceremony at the Daewoo Shipbuilding & Marine Engineering (DSME) shipyard in Okpo, South Korea. The world’s largest containership bears the name of the late Mærsk Mc-Kinney Møller, who passed away in April 2012 at the age of 98. Triple-E […]
The U.S. Export-Import Bank has signed a City/State Partnership with the Tennessee Small Business Development Center to help boost jobs in the state by promoting exports. “The partnership will bring foreign markets within reach of Tennessee businesses and support thousands of local small-business jobs,” said Ex-Im Bank Chairman and President Fred P. Hochberg in a […]
“By restricting competition to the few U.S.-flagged ships still sailing… cargo preference adds $140 million in transportation costs (to food aid) each year,” said Rep. Ed Royce, chairman of the U.S. House Committee on Foreign Affairs.
The U.S. State Department on Wednesday announced a new limited waiver of the Syria Accountability and Lebanese Sovereignty Restoration Act of 2003 (SAA) to allow the export and re-export, under license, of certain reconstruction-related items for the benefit of the Syrian people. Consistent with Section 5(b ) of the SAA and the May […]
“After years of discussions and hurdles, it’s wonderful to finally see steady progress on this critical project,” said PRPA Chairman Charles G. Kopp. “A deeper shipping channel will allow us to welcome a wider variety of cargo vessels.”
The meeting was described as a “state of the port” briefing for longshoremen, who rejected a local contract seven weeks ago, but continue to work while negotiations continue. The Virginia Pilot reported the port will reopen at noon.
Hamburg Süd will be offering a new fixed-day, fortnightly service from South Africa to Argentina and Brazil (SABR Service) in cooperation with Nile Dutch, beginning next month. The new service will have a rotation of Durban, Port Elizabeth, Buenos Aires, Rio Grande, Itajai, Santos, and Rio de Janeiro. Further destinations in South America, […]
“This project can be built away from where people live and children go to school, but the City of Los Angeles wants to put it in a low-income minority neighborhood,” said David Pettit, attorney with the Natural Resources Defense Council.
China Merchants Holdings (International) Co. Ltd. today completed its purchase of a 49-percent equity stake in the French liner carrier’s terminals business, which includes 15 facilities in eight countries, for 400 million euros.
If you have wondered what Maersk Line’s new “Triple E” ships will look like when they’re underway, the Website gCaptain has posted photographs of the first of these vessels undergoing sea trials. gCaptain said it obtained some of the photos from the Website shipspotting.com Maersk Line said it will take delivery of the ship […]
Shipments of coal on the Great Lakes totaled 2.6 million tons in May, a decrease of 11.3 percent compared to a year ago, according to the Lake Carriers’ Association. Coal loads from Lake Superior ports totaled 1.6 million tons, just slightly below the level of a year ago. Included in that total were […]
