28683 members and growing – the largest networking group in the maritime industry!

LoginJoin

Friday, August 23, 2019

Blogs

  • Martin Rushmere (6) (X)

Tags

The trans-Pacific group sets teeth on edge again

Posted to Martin Rushmere (by Martin Rushmere) on August 30, 2012

Hackles are rising over the 15-member “discussion” group, the Transpacific Stabilization Agreement, and its “discussion” that has led to an “adjustment” (when any authority speaks of an “adjustment”, you can be darn sure the price is going up) of the bunker charge of $17 per FEU to the West Coast…

Surprises are in Store over Shipping Act Maneuvering

Posted to Martin Rushmere (by Martin Rushmere) on November 30, 2010

US maritime politics is getting murkier, who would have thought of it? Just when the straitjacket of antitrust regulation   was about to be wrapped around the  TransPacific Stabilization Agreement, the politicians seemed to be getting ready…

New TransPac Services Add Fuel to the Fire

Posted to Martin Rushmere (by Martin Rushmere) on September 10, 2010

A curious concoction is fermenting around the West Coast. The Containership Company (TCC), nominally based in Denmark, is pleased with results so far, a $3 million net loss on $21 million in revenue during the first half of its first year. Then we have Hainan PO Shipping…

Hail the New Trading Era

Posted to Martin Rushmere (by Martin Rushmere) on September 2, 2010

Maersk, the Wal Mart of the ocean, has been at the forefront of critics of the fledgling container derivatives market. (In March, boss Eivind Kolding called the business "a casino.") This week a UK retailer sued Maersk for alleged breaches of contract on price and services.

Is Maritime Security too Important to be Left to Professionals?

Posted to Martin Rushmere (by Martin Rushmere) on August 5, 2010

And so it goes, with politicians second guessing maritime professionals. This week's example is brought by House members Bennie Thompson, chairman of the House Homeland Security Committee, Edward Markey and Jerrold Nadler, who are not exactly…

Ports Turn Into Cash Cows

Posted to Martin Rushmere (by Martin Rushmere) on July 29, 2010

It was probably inevitable, but Long Beach city council is setting the way and opening up new, unfriendly dimensions (for ports and shipping lines at least) with its treatment of the city's port. Though a final vote has still to be taken, the city wants to take 5 percent of GROSS REVENUE…