As part of the CMA CGM Group, APL will join the league of the world’s largest container shipping lines in the OCEAN Alliance from April 2017. Navigating forward as a member of the world’s third largest container shipping Group, APL is poised…
Members of the OCEAN ALLIANCE, COSCO Container Lines, CMA CGM, Evergreen Line and Orient Overseas Container Line, signed a document entitled the Day One Product, which sets out the proposed OCEAN ALLIANCE’s network, including port rotation for each service loop…
Crowley Maritime Corp. has joined the Clean Cargo Working Group (CCWG), a global, business-to-business initiative dedicated to reducing the environmental impacts of global goods transportation and promoting responsible shipping. Membership in…
European multimodal transport provider MacAndrews & Company said it has optimized its established Portuguese services by offering a restructured service schedule, which now includes a new call in Algeciras, a second Dunkirk call and a weekly Figueira Da Foz call…
Vessel operating costs are expected to rise in both 2016 and 2017, according to the latest survey by international accountant and shipping consultant Moore Stephens. Repairs and maintenance and spares are the cost categories which are likely to increase most significantly in each of the two years…
A new container handling system aimed at easing the increasing problem of port congestion is being launched at a technical demonstration in Shanghai at the end of November. Designated “BLOK-BEAM”, the system enables six containers to be…
Kawasaki Kisen Kaisha, Ltd., Mitsui O.S.K. Lines Ltd. and Nippon Yusen Kabushiki Kaisha will establish a new joint-venture company to integrate the container shipping businesses.The shippers have agreed, after the resolution by the board of directors of each company…
“We fully expect to top last year’s container volume with another record year in 2016,” said Roger Guenther, Port of Houston Authority Executive Director, speaking to the Port Commission during its latest meeting. The Houston Port Authority said it has handled more than 1…
BISON, the specialist developer of portable container weighing solutions, will launch a world first system for weighing containers on trailer chassis at the Intermodal Europe trade fair in Rotterdam in mid-November. BISON C-Legs are self…
China COSCO Holdings , owner of the world's fourth-largest container shipping fleet by capacity, warned of a loss for the year on Friday as it failed to capitalise on a market recovery in the third quarter.Slowing global trade had saddled the sector with a glut of container ships…
Orient Overseas Container Line's (OOCL) total revenues decreased by 13.8 percent to $1.15 billion, for the third quarter of 2016. The shipper’s total volumes were up 5.2 percent from the same period last year. Loadable capacity increased by 0…
Oman Ship Management Company (OSC) said it hosted a high-level conference in Mumbai for senior officers following a rapid rise in crew numbers. The ‘Seafarers’ Safety Conference’ was a platform for Oman Shipping Company’s subsidiary Oman…
Hanjin Shipping's and Outer Harbor Terminal's (OHT) bankruptcies this year have raised questions about the legal separation of joint venture terminal operators that are often lease counterparties for U.S. ports, Fitch Ratings says. These events…
A container vessel that spent months sitting off Canada's west coast due to the collapse of a major South Korea shipping company is set to dock in Vancouver on Thursday, port and union officials said. The Hanjin Scarlet, with nearly 800 containers on board…
In-depth analysis of Q3 container shipping costs reveals positive trends for the beleaguered container carrier segment, according to Xeneta, a benchmarking and market intelligence platform for containerized ocean freight. However, the market remains highly complex and unpredictable…