Container Ships News

 

Work Suspended for Day at Port of Oakland

Feb 19, 2015

All marine terminal work was suspended for the day on Thursday at the port of Oakland, California, as the dockworkers union and shippers continued talks aimed at settling a labor dispute that has disrupted cargo traffic along the West Coast waterfront for months…

Geodis Wilson Names Hansen Regional VP

Feb 19, 2015

Geodis Wilson has appointed Matthias Hansen as the new regional vice president (RVP), EMEA (Europe, the Middle East and Africa) with immediate effect.  Hansen has been acting as interim RVP for the last few months. He now replaces Alain Chimene on a permanent basis…

Pressure Mounts to Settle West Coast Port Dispute

Feb 19, 2015

LOS ANGELES, Feb 18 (Reuters) - Two U.S. Cabinet secretaries joined congressional leaders, three governors and a big-city mayor on Wednesday in pushing shipping lines and the dockworkers' union to settle a contract dispute that has led to months of turmoil and cargo backups at 29 West Coast ports…

SC Ports Record 18% Container Volume Increase

Feb 18, 2015

The South Carolina Ports Authority reports 18 Percent Increase in container volume at SC ports; new breakbulk service announced; Vice President, Secretary of Transportation visit The SC Ports Authority handled 152,917 twenty-foot equivalent units…

U.S. Labor Secretary Joins West Coast Port Talks

Feb 18, 2015

U.S. Labor Secretary Tom Perez on Tuesday urged shipping company executives and union leaders for 20,000 dockworkers to settle a contract dispute that has led to months of clogged cargo traffic and other disruptions at 29 West Coast ports.Perez…

MOL Joins Project to Mark Anniversary of Japan, Brazil Treaty

Feb 18, 2015

Mitsui O.S.K. Lines, Ltd. today announced that MOL cooperated in the transport of the “Tachinepta” float (*1) Samba Carnival (*2) Components of the float, weighing about 5 tons in all, were placed into 15 containers and loaded aboard an MOL-operated containership…

Hamburg Süd, CCNI Ink Sale and Purchase Deal

Feb 17, 2015

Hamburg Südamerikanische Dampfschifffahrts-Gesellschaft KG (Hamburg Süd) has signed a sale and purchase agreement to acquire the container liner activities of Compañía Chilena de Navegación Interoceánica S.A. (CCNI) including the related general agency functions of Agunsa Agencias Universales S…

Labor Secretary to Intervene in U.S. Port Dispute

Feb 17, 2015

A partial shutdown of 29 U.S. West Coast ports stretched into a third day on Monday ahead of the U.S. labor secretary's scheduled arrival in San Francisco to try to broker a settlement ending months of disruptions on the cargo-clogged docks…

Euroseas Report Loss in 4Q, FY 2014

Feb 16, 2015

Euroseas Ltd. (NASDAQ: ESEA), an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes, announced today its results for the three month period and full year ended December 31…

Horizon Lines to Settle Merger Litigation

Feb 16, 2015

Horizon Lines, Inc. announced it has reached an agreement in principle providing for the settlement and dismissal, with prejudice, of the consolidated putative class action complaint pending in the Delaware Court of Chancery in connection with Horizon's proposed merger with Matson Navigation…

U.S. West Coast Ports Reopen Briefly

Feb 15, 2015

Clogged ports along the U.S. West Coast reopened to cargo vessels on Friday after a daylong closure, but shippers planned to re-impose a partial shutdown through the holiday weekend barring a settlement in stalled labor talks with the dockworkers union…

NOL Posts Loss for Third Consecutive Year

Feb 13, 2015

Neptune Orient Lines (NOL) reported a 2014 net loss of $260 million today, marking the third consecutive year in the red for the Singapore-based global shipping company.NOL, parent company of APL, did reduce its 2014 fourth quarter Core EBIT (Earnings Before Interest…

TT Club Urge Better Management Practices

Feb 12, 2015

A detailed analysis of the root causes of insurance claims show 80% of bodily injuries at global ports and container terminals involve handling equipment or vehicles.Speaking at the Philippine Ports and Shipping Conference in Manila today…

CMA CGM Enhances Investment in Startup TRAXENS

Feb 12, 2015

The CMA CGM Group has contributed to the TRAXENS startup capital increase. Two other investment funds – CAAP Création (Crédit Agricole Group) and S.C.R. Provençale et Corse (BPPC Group) – are also part of the initiative.This capital increase…

Shippers Plan 4-day Partial Shutdown of US West Coast Ports

Feb 11, 2015

Shipping lines plan a partial four-day shutdown of U.S. West Coast ports, starting on Thursday, amid stalled labor talks between the companies and the union representing 20,000 dockworkers, the companies said on Wednesday. Loading and unloading…

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