Containerships News


Port Agents Should Inform of Cost Increases to Avoid Payment Delays, Says ITIC

Jul 29, 2020

International Transport Intermediaries Club (ITIC) warns port agents to inform their regular principals of port fee and tariff increases, even if the details are in the public domain. This will avoid disputes as well as delayed reimbursement payments…

DP World Says Outlook Uncertain as Volumes Fall

Jul 27, 2020

Global port operator DP World recorded a fall of 8.8% in second quarter container volumes, warning on Monday the outlook remained uncertain.The coronavirus pandemic shut cities and factories worldwide for months, disrupting shipments and global supply chains…

Pennsylvania Extends Cargo Growth Incentive Program

Jul 26, 2020

Pennsylvania Governor Tom Wolf announced that the state's Intermodal Cargo Growth Incentive Program (PICGIP), which aims to increase cargo activity by incentivizing shippers to move cargo through Pennsylvania ports, will be extended through 2022…

Jones Act Does Not Raise Cost of Living in Hawaii -Study

Jul 22, 2020

The Jones Act has no significant impact on the cost of living in Hawaii, according to a recent report produced by economists from Boston based Reeve & Associates (Reeve) and Hawaii based TZ Economics.“The Impact of the Jones Act on Hawaii” also found that freight rates in the U…

Stowage Issues Cited in Ever Smart Container Loss

Jul 22, 2020

A combination of factors including stowage deficiencies likely led to the loss of containers from the U.K.-flagged containership Ever Smart off the coast if Japan in 2017, according to U.K. investigators.On October 30, 2017, the 300-meter, 7…

Wilhelmsen Ship Management Acquires 50% Stake in Ahrenkiel Steamship

Jul 21, 2020

Wilhelmsen Ship Management, a provider of third-party ship management services headquartered in Singapore, and the Hamburg-based asset and investment manager MPC Capital AG have agreed to combine their activities in the technical management of containerships…

Douglas Named CEO of NCB's Exis Technologies

Jul 20, 2020

The National Cargo Bureau (NCB) – a US inspection body authorized to certify compliance with Dangerous Goods regulations – has appointed James Douglas to the position of Chief Executive Officer of its group company Exis Technologies, effective immediately…

Lithium Ion Battery Fires: A Threat to Container Shipping

Jul 20, 2020

From 2015 to present an estimated 250 incidents related to electric hoverboard fires have been recorded according to the United States Consumer Product Safety Commission. The same commission reports that 83,000 Toshiba laptop batteries were recalled in 2017 due to fire and safety concerns…

Chinese Ports Hit Capacity as Virus Tests Slow Clearing

Jul 17, 2020

Testing of imported foods for the new coronavirus is pushing capacity at some major Chinese ports to their limit, major shippers told customers this week, warning of additional fees and possible diversions to other ports.China stepped up inspections…

Hapag-Lloyd Ups Profits, But Warns of Risks

Jul 15, 2020

German container shipping line Hapag-Lloyd on Wednesday reported preliminary results for the first half of 2020 showing core profits above those of the same 2019 period and upholding its guidance for full year earnings.However, the company said…

Desperate Times for Sailors Stranded by Pandemic

Jul 10, 2020

Jens Boysen disembarked one of the world’s largest container ships on Thursday after 167 days at sea when he has acted not only as captain but also as doctor, dentist, mental coach and entertainment director for his stressed-out crew.Almost 200…

CMA CGM Halts Timber Exports from Gambia Over Rosewood Risk

Jul 08, 2020

Shipping group CMA CGM said on Wednesday it was suspending timber exports from Gambia due to suspected trafficking of rosewood in the West African country.Demand for furniture in China has led to widespread felling of rosewood in West Africa in recent years…

Maersk Acquires Customs Broker KGH

Jul 06, 2020

Maersk said on Monday it had agreed to buy Sweden-based customs broker KGH Customs Services for 2.6 billion Swedish crowns ($281 million), as the container shipping group seeks to expand its end-to-end logistics services.Maersk since 2016 has…

NCB Calls for Container Stowage Reforms

Jul 06, 2020

The National Cargo Bureau is calling for reforms to stem the increasing number of container-related incidents caused by poorly stowed, undeclared or misdeclared dangerous cargoesThe National Cargo Bureau (NCB) – a U.S. inspection body authorized…

Will Container Shipping Woes of the 2010s Repeat?

Jul 02, 2020

Reduced volumes are currently posing a major challenge to container shipping due to the COVID-19 crisis. So far, freight rates have been held up by the massive blanking of sailings that carriers have put in place.However, even before this crisis…

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