The Virginia Port Authority said its terminals handled 2.1 million TEUs of containerized cargo in 2012, 9.8 percent more than in 2011. The TEU count was just 22,479 units shy of Hampton Road’s biggest volume year in 2007.
FAPS, Inc., the leading terminal for import and export of automobiles in the Port of New York and New Jersey, said on Friday it had completed a recapitalization with investment firm Seacoast Capital.
The Georgia Ports Authority said Giumarra International Berry has begun moving fresh blueberries from Chile through the Port of Savannah to better serve Atlanta and other Southeastern markets. The first shipment of South American blueberries arrived Jan. 8. “We’re excited to enter this new partnership with Giumarra International Berry, which highlights the […]
Hapag-Lloyd said it will launch a new service between Germany and Poland. The Poland Express Service (PEX) provides a second dedicated and direct service for cargo to and from Poland, connecting with Hapag-Lloyd’s global liner services at the ports of Hamburg and Bremerhaven. The service offers fixed-day sailings with a Bremerhaven, Hamburg, Gdynia, and Bremerhaven rotation. […]
PSA International handled 60.06 million TEUs at its terminals in 2012, 5.2 percent more than in 2011. Volumes were up 6.4 percent to 31.26 million TEUs at the flagship PSA Singapore Terminals and up 3.9 percent to 28.8 million TEUs outside Singapore. PSA is one of the largest global port groups. With […]
The Italy-based classification society RINA Group has been chosen as the International Association of Classification Societies (IACS) partner to support the development of Tasneef, a new classification society for the United Arab Emirates. Tasneef has been established in Abu Dhabi and plans to expand with future worldwide offices. Working in partnership with RINA, […]
Sources have confirmed to American Shipper reports that the so-called “G6 Alliance” of liner carriers will extend its cooperation beyond the Asia-to-Europe trades to the Asia-to-East Coast of the United States.
CBP last month published notice of its intent to increase by $500 the limit for which merchandise may qualify for an informal entry, thereby eliminating the need for a surety bond, expediting customs clearance and reducing the MPF amount.
The Port of New Orleans and other Louisiana ports are operating business as usual, having avoided the problems related to shallow water levels in the upper Mississippi. “We do not anticipate any interruptions to deep-draft shipping or cruise operations within the Port of New Orleans as a result of the low river stages,” […]
The United States has asked the World Trade Organization for consultations with Indonesia under the dispute settlement provisions concerning restrictive trade measures applied to imports of horticultural products, animals, and animal products. According to the Office of the U.S. Trade Representative, Indonesia has created a “complex web of import licensing requirements that have […]
The U.S. Export-Import Bank has authorized a $15.7 million direct loan to the state government of Lagos, Nigeria, to underwrite the purchase of 32 American fire trucks made by W.S. Darley & Co. of Itasca, Ill. The loan, which is in line with the Obama administration’s “Doing Business in Africa Campaign,” will support […]
The U.S. International Trade Commission has initiated the first of two investigations into the role of digital trade in the U.S. and global economies. The investigations were requested by the Senate Finance Committee in a Dec. 14 letter. The first report, Digital Trade in the U.S. and Global Economies, Part I, will: […]
Drewry Shipping Consultants is predicting that this year contract rates negotiated with shippers on the key East-West trade lanes will be higher when compared to the low levels of 2012. Referencing its latest quarter Container Forecaster report, London-based Drewry forecasts global container demand to increase by 4.6 percent this year, but says “Considerably faster […]
ILA spokesman Jim McNamara said a meeting next week on master contract issues for 14 container ports on the East Coast and Gulf Coast “is still on” and local negotiations are continuing in other ports.
Gene Seroka, president of the Americas for APL Ltd., said he’s encouraged by the presence of the FMCS during the talks, singling out efforts to bring the union and employers together by FMCS Director George H. Cohen.
“Safcomar (renamed SDV Suisse) has expanded in a number of fast-growing sectors such as pharmaceuticals, bio plasma, perfumes, fragrances and luxury goods,” said Hugo Roppel, the newly appointed CEO of SDV’s Swiss operation.
Shipments of coal on U.S.-flag vessels working in the Great Lakes totaled 25,347,709 tons in 2012, a decrease of 8.2 percent compared to 2011. The trade was 25 percent off its 5-year average, according to the Lake Carrier’s Association (LCA), which represents 17 American companies that operate 57 U.S.-flag vessels on the Great […]
A new DynaLines study by Netherlands-based Dynamar B.V. on the possible merger of Hapag-Lloyd and Hamburg Süd finds the combined companies “would have a lower exposure to the more challenging, but still important East-West routes and a further improved coverage of the believed more promising North-South trades.” The 14 page Hamburg Express report, released Tuesday, noted […]
Unifeeder said it’s offering improved service between the United Kingdom and other European ports with shorter transit times and more departures in the wake of its acquisition of Feederlink Shipping and Trading from Irish Continental Group last year. It said the network of Feederlink and Unifeeder has now been combined. Details on transit […]
Hamburg Süd has launched a direct liner service between North, Central and South America, deploying five vessels with a nominal slot capacity of 1,850 TEUs, including refrigerated container plugs. Hamburg Süd said the services replaces a current Cartagena–California service and has the following port rotation: Guayaquil, Balboa, Puerto Quetzal, Los Angeles, Oakland, Manzanillo, Puerto […]
