Posted to Far East Maritime
(by
Greg Knowler)
on
April 20, 2012
Hong Kong and Singapore have developed into fierce rivals over the last two decades. During that time, both iconic cities have become transportation hubs, Hong Kong as a gateway to China and Singapore as the transshipment point between East and West.
Posted to Far East Maritime
(by
Greg Knowler)
on
April 13, 2012
Container shipping lines, and their bulk carrying counterparts, are being squeezed from both sides of their balance sheets. The top lines are throttled by excess capacity and poor freight rate levels, while the bottom lines are hammered by rising fuel costs.
Posted to Martin Rushmere
(by
Martin Rushmere)
on
January 19, 2012
Strange bedfellows are making strange machinations in the united front (Beat The Canal) to stop the Panama Canal taking West Coast port traffic. Those dependable stalwarts, the ILWU local union shops, are rejuvenating their efforts to stop vessels calling at Longview's grain terminal…
Posted to Far East Maritime
(by
Greg Knowler)
on
November 24, 2011
Some pundits are predicting significant consolidation of the container shipping industry as it is hit from all sides by falling demand and burdened with over capacity and high fuel prices. Among the top carriers, it is hard to see where that…
Posted to Far East Maritime
(by
Greg Knowler)
on
November 8, 2011
We asked the question last week that retailers in the US and Europe must surely be ready to put in last minute orders to restock their inventories before the Christmas buying season starts in earnest. Yesterday we received the answer, from the US, at least.
Posted to Martin Rushmere
(by
Martin Rushmere)
on
April 15, 2011
The list of causes of the collapse of Denmark's The Containership Company makes impressive reading for business school graduates. At latest count there are between eight and 10, depending on one's point of view. Vessel sizes, bunker prices, the Transpacific Stabilization Agreement…
Posted to Observations
(by
Charmaine Berina)
on
January 14, 2011
Did you know that 2010 was designated by the International Maritime Organization (IMO) in London as the “Year of the Seafarer?” No? Don’t feel lonely. No one else knew it either. The idea of focusing the attention of the maritime industry and…
Posted to Indian Ports (Consolidated) Act of 2010 in the offing
(by
Joseph Fonseca)
on
October 18, 2010
The draft of the Indian Ports (Consolidated) Act 2010 is likely to come before the Lok Sabha of the Indian parliament during the coming Winter Session. The proposed Act is said to be in line with the Federal Maritime Commission (FMC) of USA…
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.
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