News reports said Tuesday’s negotiations between dockworkers and their employer would be the third round of talks mediated by the Hong Kong’s Labor Department in the past 20 days of the strike.
The Philadelphia-based logistics company BDP International has taken an equity position in Interflex, based in Cartagena, Colombia. The resulting joint venture will operate as BDP International Colombia under its current management team led by Enrico Benedetti. “Our decision to bolster our presence in Colombia is based on a number of factors, not the least […]
The Global Shippers’ Forum said it has begun a campaign to enhance safety in the maritime transport supply chain. “While the vast majority of shippers comply with the rules, it is a regrettable fact that instances of mis-declaration and poor standards of loading and securing take place. Much of this is down to a […]
Bahri said it had a net profit in the three months ending March 31 of 144.5 million SAR-Saudi Arabian Riyal ($38.5 million), a decrease of 9.7 percent from the same period in 2012. Saleh N. Al-Jasser, the company’s chief executive officer, said the main reason for the decrease was lower average time charter […]
Liner carrier Evergreen said it will join forces with COSCO and Zim to operate a new service between the Far East – South America Service (ESA). Evergreen said the new loop will link China, Singapore and South America’s east coast from May 11. A total of 10 ships of 8,500-TEU capacities will be deployed […]
The Canadian Shipowners Association are worried the new vessel general permit published by the U.S. Environmental Protection Agency could threaten the commercial viability of its members’ operations in the Great Lakes.
“With over 40 ships of at least 10,000 TEUs due for delivery in 2013, carriers will find it increasingly difficult to manage capacity without upsetting the fragile supply-demand balance,” the London-based consultancy warned.
Liner carriers Evergreen and CMA CGM are starting a new, weekly service connecting Southeast Asia, the Indian Subcontinent and Red Sea. Called the South Red Sea Service (SRS2) by Evergreen and REX 3 Service by CMA CGM, it will employ five 2,200-TEU ships, with Evergreen supplying three and CMA CGM two. The first […]
News reports said talks between striking Hong Kong dockworkers and the contractors who employ them resumed on Thursday. The talks ended abruptly Wednesday after just three hours. The strike is in its second week.
President Obama’s budget for fiscal year 2014 includes $4.8 billion in gross discretionary funding for the Army Corps of Engineers’ Civil Works program, offset in part by a proposal to cancel $100 million in unobligated carryover of funding appropriated prior to fiscal year 2013. Jo-Ellen Darcy, assistant secretary of the Army for civil works, said the […]
“USA Maritime is severely disappointed that the Obama administration has moved forward with this misguided proposal to effectively eliminate the long-standing and successful Food for Peace program,” the group’s chairman said.
According to Hong Kong news reports, mediation talks between striking dockworkers and the contractors who employ them have “broken off without any immediate progress,” as the strike at HKIT continues into its 14th day.
The Port of Hamburg said the COSCO Belgium, the first of eight, new 13,380-TEU ships that COSCO is putting into service will arrive at HHLA’s Container Terminal Tollerort on Thursday. The ship is deployed on the CKYH Alliance’s weekly Asia-Europe NE3 service from Hamburg, calling at HHLA‘s Container Terminal Tollerort. From Hamburg, the COSCO […]
Along with the master contract, local agreements at most ports along the Atlantic and Gulf coasts also were ratified by ILA members, including one with the NYSA. Negotiations are continuing in Baltimore, Philadelphia and Hampton Roads.
An Austrian company will build a plant for making hot briquetted iron (HBI), a raw material used for making steel, in Corpus Christi, Texas. Port Corpus Christi Authority commissioners on Tuesday unanimously approved a long-term lease agreement with voestalpine Texas Holding, whose parent company is headquartered in Linz, Austria. (The company does not […]
Port Corpus Christi commissioners on Tuesday approved a grant agreement with the U.S. Maritime Administration outlining the terms and conditions for the use of funds to start construction of the Nueces River Rail Yard. On June 21, 2012, the U.S. Department of Transportation awarded a $10 million Transportation Investment Generating Economic Recovery (TIGER) grant to […]
Non-vessel-operating common carrier Shipco Transport has opened offices in Pakistan, with its head location in Karachi and branch facilities in Lahore, Faisalabad and Sialkot. The Pakistan operation will be headed by Asim Saeed and the staff of General Maritime (Pvt) Ltd., Shipco’s long-time agent in the country. “While we have had a presence […]
Unions representing Hong Kong dockworkers will hold talks with two contractors and mediators from Hong Kong’s Labor Department on Wednesday, according to a report from Radio Television Hong Kong.
General cargo at the Port of New Orleans totaled 7.55 million tons in 2012, 8.6 percent more than in 2011. Volume was boosted by steel imports, which were 1.92 million tons in 2012, 38 percent more than the 1.39 million tons handled in 2011. Other top performing commodities included chemical exports, which […]
Rickmers Chennai Rickmers-Linie said it will add a another ship to its fleet. The 19,100- deadweight-ton Pacific Winter, to be renamed Rickmers Chennai, is a sister ship to Baltic Winter, originally chartered in by Rickmers in December 2011, and to be renamed the Rickmers Dubai. The ships, built in 2012 and2011, have 800-ton […]
