Container shipping lines have agreed to raise Asia-U.S. freight rates by $300 per 40-foot container (FEU) to west coast ports of the U.S. and by $400 to all other ports in the U.S from May 15.The increase was agreed by companies in the Transpacific…
The operator of a U.K.-registered containership has been ordered to pay £17,311.01 for breaching oil pollution legislation.The Ever Sigma – operated by Evergreen Marine – was en route from Greece to the Netherlands when 700 liters of heavy fuel oil went overboard…
Freight and logistics professionals at Multimodal 2014 this week will hear specialist insurer TT Club’s Risk Management Director, Peregrine Storrs-Fox and other experts warn of the hazards of incorrect packing of containers and CTUs of all types…
Dr. Jürgen Weber to hand over the chair of the Supervisory Board to Michael Behrendt in autumn.Three important tasks fulfilled / Handover to complete merger with CSAV / Michael Behrendt to support the integration Jürgen Weber has decided…
The Danish Maritime Accident Investigation Board (DMAIB) has issued a summary report in the English language concerning a fire outbreak aboard the container ship in the Gulf of Aden.On the morning of 18 June 2013, the crew on the Danish flagged…
A proposal by the LA 2020 Commission to merge the ports of Los Angeles and Long Beach – the two busiest container ports in the US – has been slated by Long Beach leaders for being “condescending and disrespectful”. The Commission made the recommendation in its A Time for Action report…
Maritime industry leaders have called for greater collaboration and consolidation in Asia to tackle challenges such as the rise over capacity, talent shortages and environmental sustainability, which are impacting the potential of the industry…
Commissioner William P. Doyle of the U.S. Federal Maritime Commission has voted in favor of the amended G6 Alliance Agreement. Commissioner Doyle highlighted the U.S.-Flag international trade, U.S. mariner jobs and environmental benefits. He…
Christine Cabau Woehrel has taken up her new role as CEO of the Marseilles Fos port authority after two years heading the Port of Dunkirk. She succeeds Jean-Claude Terrier following a French transport ministry nomination that was backed by the…
Overview of Hamburg Süd growthGrowth in the global economy and containerized transportation by sea in 2013 was slightly below the level of the previous year. Once again, available global slot capacity outpaced container transport volume as deliveries continue to exceed the level of scrappage…
On March 27 and 28, HAROPA-Port du Havre accommodated the Cap San Lorenzo, a container vessel of 9,600 TEU delivered by Hyundai to the German shipping company Hamburg-Süd. Being the fourth of a series of six vessels of the Cap San class…
The following statement has been released by Robin Silvester, President & CEO, Port Metro Vancouver:'The governments of Canada and British Columbia and Port Metro Vancouver have reached agreement with members of Unifor and the United Truckers…
Troy Container Line Ltd., one of the largest American-owned NVOCCs announced its 30th anniversary on March 24, 2014. The company is celebrating with a commemorative look back at its founding year and a recap of key milestones that have supported its growth and success during the last three decades…
SeaLand, the newly founded intra-Americas regional carrier of the Maersk Group, announced today the appointment of its executive team which the company sais will fulfill its mission of delivering greater service stability and commitment, as…
Beset by continued sluggish demand, a growing mountain of debt and a radically changing marketplace, listed companies in the global container shipping industry as a whole face a greater risk of financial distress, including possible bankruptcy…