Yesterday John F. Reinhart announced his retirement as President and CEO of Maersk Line, Limited (MLL). He will continue to lead the company until his departure at the end of January 2014. “I have been blessed to be part of the A.P. Moller - Maersk Group for almost 23 years…
FMC Chairman Mario Cordero and Commissioner William P. Doyle met recently with Acting Maritime Administrator Paul “Chip” Jaenechin. Topics of discussion included: U.S. – China Transportation Forum, Proposed P 3 Alliance, SISI Briefing, U.S.-flag International Fleet…
Vessel traffic on the Mississippi River returned to normal Sunday as the remnants of Tropical Storm Karen dissipated. U.S. Coast Guard officials rescinded all restrictions on the River and area waterways about midnight, allowing vessels and mariners to resume normal operations…
Troy Container Line Ltd., an American-owned NVOCC, announced the appointment of Paul Keany as sales representative. Based in the company’s Red Bank, N.J. office, Keany has been charged with expanding Troy Container Line’s long-standing tradition of personalized service and care in New Jersey…
Cargo operations at Port of New Orleans terminals continued uninterrupted today, despite the closure of Southwest Pass at the mouth of the Mississippi River in anticipation of affects from Tropical Storm Karen.“The entire Port community…
Vijay Kamath, Senior Vice President and Chief Commercial Officer (CCO) at First Ship Lease Trust (FSL Trust), will depart the company October 4, 2013 to pursue other career opportunities.Mr. Kamath was responsible for new business development…
THE Asian Shippers' Council (ASC) renewed its attack on the UN's International Maritime Organisation (IMO) over compulsory container weight verification partly because it is hard on shippers in emerging markets.'There are millions of shippers across Asia…
International accountant and shipping consultant Moore Stephens says total annual operating costs in the shipping industry fell by an average 1.8% in 2012. This compares with the 2.1% average rise in costs recorded for the previous year. There…
The British International Freight Association has given qualified support to last week’s decision by a sub-committee of the International Maritime Organization to approve a compromise proposal for verifying the weight of containers before they are loaded onboard ships…
At last week’s meeting in the IMO, it was decided that the weight of containers are to be verified before it is possible to carry them by sea. This will prevent ship accidents and prevent the loss of containers into the sea.The IMO Sub-Committee on Dangerous Goods…
Container shipping costs have continued to rise, but the trend has not been uniform across all trades and Drewry is expecting rate levels to fall in the final months of the year. Pricing on Asia origin trades has been buoyed by peak season volumes…
Import Volume for the Two Busiest Import Months of the Year Are 1.5% Higher Than 2012 Zepol Corporation, a leading trade intelligence company, reports that U.S. imports in August are the second highest month for TEU (twenty-foot container) volume in 2013…
Containerized cargo volume at the Port of Long Beach surged 16 percent in August compared to the same month one year ago, with double-digit percentage gains in both imports and exports. Latest Middle Harbor project update shows significant progress…
The ITF is calling on governments and industry bodies to back a proposed amendment that will tackle the dangers posed by unweighed or mis-declared shipping containers.The amendment – to the existing Safety of Life at Sea Convention (SOLAS)…
In Savannah visit, Georgia officials accompany Vice President.After touring the Port of Savannah Monday, Vice President Joe Biden called for expediting port improvement projects on the U.S. East Coast. U.S. Secretary of Transportation Anthony Fox…