United Arab Shipping Co. said an explosion Saturday morning in the engine room of its ship Asir, while en route from Suez to Jeddah, injured three officers. The ship is adrift and the company has entered into towage contracts to move it to its destination in Jeddah. Another UASC vessel, Jebel Ali, is providing […]
Lloyd’s List reported China Shipping Group Chairman Li Shaode has confirmed the five 18,400-TEU ships his company has ordered will be deployed in a 10-year joint service with United Arab Shipping Co. American Shipper was not able to confirm the report with UASC that it will order ships similar in size to those that China […]
The Port of Seattle promoted Kurt Beckett to deputy chief executive officer with primary responsibility for port infrastructure development and internal operations. The move will allow Tay Yoshitani, the port’s CEO, to focus on business development, attracting new shipping lines and air services to Seattle, and advancing policy issues central to the port’s […]
Transportation Worker Identification Credentials, or TWIC cards, were described as a “joke” during hearings before the U.S. House of Representative’s Oversight and Government Reform Subcommittee last week. The hearings came as the Government Accountability Office issued a report that said 11 years after initiation of the program the Department of Homeland Security “has not demonstrated how, […]
The liner said its petroleum services group is entering the liquefied natural gas market by acquiring Carib Energy, a Florida-based company that was founded in 2011 to export LNG to industrial facilities in the Caribbean and Latin America.
The U.S. Export-Import Bank approved a final commitment for a $45.5 million loan guarantee to VRG Linhas Aereas S.A. (GOL), a Brazilian airline. The financing will support the export of engine maintenance services by Delta TechOps (Delta), a subsidiary of Delta Airlines. This transaction will support about 400 jobs, according to Ex-Im Bank. […]
The U.S. Department of Agriculture’s Animal and Plant Health Inspection Service has proposed to amend its rules to allow the import of fresh jackfruit, pineapple, and starfruit from Malaysia into the continental United States. As a condition of entry, all three commodities would have to be irradiated for insect pests, inspected, and imported […]
Undersecretary of Commerce for International Trade Francisco Sánchez arrived in Hong Kong Thursday with representatives from a group of U.S. companies to start off the Trade Winds Asia 2013. According to the Commerce Department’s International Trade Administration, the annual trade mission and business matchmaking event helps firms gain market insights, make industry contacts, […]
With large quantities of sugar currently on the domestic market, the U.S. Department of Agriculture will use its waiver authority under the Refined Sugar Re-Export Program to temporarily permit licensed refiners to transfer program sugar from their license to another licensed refiner through Sept. 30. USDA will also temporarily increase the license limit […]
Hutchison Port Holdings Management said a wage increase proposal put forth by the external contractors at its Hongkong International Terminals, providing a 9.8 percent pay rise, has been accepted by their workers.
The Messenger Courier Association of America (MCAA) has changed its name to the Customized Logistics & Delivery Association (CLDA). The rebranding effort was announced today by CLDA president, Rob Johnstone, at the association’s annual meeting in New Orleans. “The name change comes as part of an overall rebranding effort to better reflect […]
The guide was created to help U.S. small and midsized businesses overcome one of their major export challenges, how to get paid from export sales, thereby helping turn their export opportunities into sales, the Commerce department said.
Steel exports increased in March over February by 6.1 percent based on government reporting reviewed by the American Institute for International Steel (AIIS). “The stronger showing for steel exports in March was due primarily to increased shipments to our NAFTA partners, but notably, exports increased to all other smaller export markets as well, […]
National Shipping of America (NSA) will start a new fortnightly service between Puerto Rico and the Port of Houston on May 29. The company will operate its “Isla Verde Express” service using National Glory, a U.S. flag-ship with a capacity of 570 TEUs, including 96 plugs for refrigerated containers. Torey Presti, the […]
The United States has requested consultations with Bahrain under the Labor Chapter of the U.S.-Bahrain Free Trade Agreement (FTA). The request follows a December 2012 report by the U.S. Labor Department that highlighted labor issues stemming from Bahrain’s response to civil unrest in early 2011 in the Persian Gulf country and recommended actions […]
The U.S. Federal Maritime Commission has received six ocean transportation intermediary license applications and changes for review. The FMC received non-vessel-operating common carrier license applications from Jolaco International Procurement, Katy, Texas (Frederick D. Coker, president); and Mohammad Abdullatif Bagegni, Pelham, N.H. (Mohammad Bagegni, sole proprietor). The agency also received a NVO/ocean freight forwarder […]
A wind turbine commissioned in February 2012 at the Port of Milwaukee resulted in $5,000 net revenue for the port within the first nine months of operation, according to a recent update by the port authority and the City of Milwaukee’s Office of Environmental Sustainability. The Northern Power 100-kilowatt turbine provides 100 percent […]
Jolly Nero As many as 10 people are feared dead and others injured, some seriously, following an accident at the Port of Genoa late Tuesday night. The accident occurred at around 11 p.m. in Genoa, and Wednesday morning press accounts were giving varied numbers for the dead, missing, and injured as new victims were […]
Alphaliner is forecasting a record year for scrapping containerships. In its latest newsletter, Alphaliner said vessels with a total capacity of 450,000 TEUs are expected to go to the breakers in 2013, surpassing a record of 381,000 TEUs in 2009. “In the first four months of this year, 93 units for 195,000 TEUs have already […]
Panalpina had a consolidated profit of 14.3 million Swiss francs ($15.3 million) in the first quarter compared to a loss of 40.9 million francs in the first quarter of 2012. Net forwarding revenue was 1.6 billion francs in the first quarter of 2013, 4 percent more than in the same 2012 period. […]
