Maritime

Chris Dupin Wednesday, February 27, 2013

APM Terminals says cranes are running faster

   APM Terminals said a push to improve efficiency at its marine terminals was successful last year with crane lifts per hour – a key indicator – improving “no less than 8 percent” across all its facilities in 2012.    The company, part of the A.P. Moller-Maersk Group, has an objective to improve efficiency 15 percent within two years […]

Read More »
Chris Gillis Wednesday, February 27, 2013

Ides of March

   What this past year has taught the shipping industry is just how powerful unionized dock labor on both coasts has become in the United States and how much of the country’s economy it holds in a tight grip.    These unions — namely the International Longshoremen’s Association on the East and Gulf coasts and […]

Read More »
Chris Dupin Wednesday, February 27, 2013

The other way around

Suez routings to U.S. East Coast increase with bigger, more efficient ships. By Chris Dupin    As work continues on the expansion of the Panama Canal, fuel has gotten extremely expensive and big containerships very common.    One of the results is a growing amount of cargo moving between East Asia and North America’s east coast […]

Read More »
Chris Dupin Wednesday, February 27, 2013

What to do for an encore?

   The Port of Savannah soared into prominence in the container shipping business back in 1984, when Malcom McLean, then head of United States Lines, made the Georgia seaport, along with New York, one of the two “load centers” for his new “round the world” service operated with a dozen 4,246-TEU “Econships,” vessels designed with […]

Read More »
Chris Dupin Wednesday, February 27, 2013

Supreme confusion?

   In a 7-2 decision, the U.S. Supreme Court sided with a homeowner who said his floating home was not a vessel and therefore not subject to arrest under maritime law. (Lozman v. City of Riviera Beach, Fla. No. 11-625. Jan. 15.)    The majority opinion authored by Justice Stephen Breyer concluded a structure does […]

Read More »
Chris Dupin Wednesday, February 27, 2013

Arbitrators upheld

   In a summary order, the Second Circuit Court of Appeals affirmed a 2011 decision by the District Court for the Southern District of New York confirming an arbitration award issued by a panel of the Society of Maritime Arbitrators. (NYKCool A.B. v. Pacific Fruit Inc. 2nd Cir. 11-4246-cv. Jan. 16.)    The arbitration panel […]

Read More »
Chris Dupin Wednesday, February 27, 2013

Commentary: Ship pollution visible from space

   Forget the Great Wall of China and mighty Amazon River, NASA has posted an image on its Global Climate Change Website that shows global shipping routes can be seen from space because of the nitrogen oxides (NOx) emitted by ships traveling along them.    “Just how much shipping contributes to overall NOx emissions remains […]

Read More »
Chris Dupin Wednesday, February 27, 2013

From slow steaming to speed optimization

   Speed is “an underestimated factor in the current supply-demand balances in shipping,” said Petter Haugen, an industry analyst at DNB Bank in Oslo.    Speaking late last year at a conference organized by Marine Money on the subject of slow steaming (or “speed optimization,” his preferred term), Haugen said high bunker costs have turned […]

Read More »
Chris Dupin Wednesday, February 27, 2013

Commentary: Panama Canal’s regional influence

   Despite Maersk Line’s decision to start rerouting its TP7 service through the Suez instead of the Panama Canal, 13 of the 32 liner services that used the waterway as of last October were Asia-U.S. East Coast strings, according to information presented by Rodolfo Sabonge, executive vice president of planning and business development for the […]

Read More »
Chris Dupin Tuesday, February 26, 2013

Maersk hiking Med rates

   Liner carrier Maersk has announced a general rate increase that will go into effect April 1 on cargo moving in dry containers between the Mediterranean and the United States and Canada.    The increase for westbound cargo is $250 for 20-foot containers, $350 for 40-foot containers, and 40-foot and 45-foot high cube dry containers. […]

Read More »
Chris Gillis Tuesday, February 26, 2013

FDA starts cantaloupe packinghouse inspections

   The U.S. Food and Drug Administration will start inspecting cantaloupe packinghouses, specifically targeting Listeria, during the 2013 growing season to assess current industry practices and identify unsanitary conditions that may result in consumer health risks.    The agency will also continue to target imported cantaloupes at the border for sampling and may “engage in other […]

Read More »
Chris Dupin Tuesday, February 26, 2013

Port of Brunswick to handle Toyota Venzas

   Toyota said Tuesday it will begin exporting U.S.-assembled Venza autos to Russia and the Ukraine via the Port of Brunswick, Ga.    Colonel’s Island Terminal at the Port of Brunswick handled a record 612,489 auto and machinery units in 2012, up from 497,404 units in the previous year. Toyota is a new client for the […]

Read More »
Chris Dupin Monday, February 25, 2013

Large new ships to force changes in Asia-Europe services

   Lars Jensen, chief executive officer of the Danish maritime research firm SeaIntel, said his firm expects 48 super-post-Panamax vessels to enter Asia-Europe trade in 2013, and for some existing vessels in that trade to cascade into the transpacific.    SeaIntel’s most recent Sunday Spotlight newsletter takes a look at those deliveries on a detailed […]

Read More »
Chris Dupin Friday, February 22, 2013

NOL trims losses in 2012

The Singapore-based carrier said it had a net loss of $98 million in the fourth quarter of 2012, compared to a loss of $320 million in the fourth quarter of 2011. Revenue in the quarter was $2.5 billion in 2012.

Read More »
Chris Dupin Friday, February 22, 2013

Maersk Line’s back in black in 2012

   Assisted by improved results from its container shipping subsidiary Maersk Line, the A.P. Moller-Maersk Group reported improved profit in the fourth quarter and for the whole year 2012 when compared to 2011.    Reporting results in U.S. dollars, the Danish conglomerate said it had a profit of $965 million in the fourth quarter, compared to $273 million […]

Read More »