A proposal by the LA 2020 Commission to merge the ports of Los Angeles and Long Beach – the two busiest container ports in the US – has been slated by Long Beach leaders for being “condescending and disrespectful”. The Commission made the recommendation in its A Time for Action report…
Maritime industry leaders have called for greater collaboration and consolidation in Asia to tackle challenges such as the rise over capacity, talent shortages and environmental sustainability, which are impacting the potential of the industry…
Commissioner William P. Doyle of the U.S. Federal Maritime Commission has voted in favor of the amended G6 Alliance Agreement. Commissioner Doyle highlighted the U.S.-Flag international trade, U.S. mariner jobs and environmental benefits. He…
Christine Cabau Woehrel has taken up her new role as CEO of the Marseilles Fos port authority after two years heading the Port of Dunkirk. She succeeds Jean-Claude Terrier following a French transport ministry nomination that was backed by the…
Overview of Hamburg Süd growthGrowth in the global economy and containerized transportation by sea in 2013 was slightly below the level of the previous year. Once again, available global slot capacity outpaced container transport volume as deliveries continue to exceed the level of scrappage…
On March 27 and 28, HAROPA-Port du Havre accommodated the Cap San Lorenzo, a container vessel of 9,600 TEU delivered by Hyundai to the German shipping company Hamburg-Süd. Being the fourth of a series of six vessels of the Cap San class…
The following statement has been released by Robin Silvester, President & CEO, Port Metro Vancouver:'The governments of Canada and British Columbia and Port Metro Vancouver have reached agreement with members of Unifor and the United Truckers…
Troy Container Line Ltd., one of the largest American-owned NVOCCs announced its 30th anniversary on March 24, 2014. The company is celebrating with a commemorative look back at its founding year and a recap of key milestones that have supported its growth and success during the last three decades…
SeaLand, the newly founded intra-Americas regional carrier of the Maersk Group, announced today the appointment of its executive team which the company sais will fulfill its mission of delivering greater service stability and commitment, as…
Beset by continued sluggish demand, a growing mountain of debt and a radically changing marketplace, listed companies in the global container shipping industry as a whole face a greater risk of financial distress, including possible bankruptcy…
Horizon Lines has released its fourth-quarter 2013 financial results showing an adjusted EBITDA increase of 33.1%, which is its 4th consecutive quarter of double-digit Improvement .'Horizon Lines fourth-quarter adjusted EBITDA increased 33…
'I am in favor of not taking any further action to delay the implementation of the P3 Network Vessel Sharing Agreement,' announced FMC Commissioner William P. Doyle. (The P3 Network Alliance consists of container shipping companies A.P. Moller-Maersk A/S trading under the name of Maersk Line…
Deal to Sign Budget with $35M More for Port Deepening; State has allocated $266 million to Savannah Harbor Expansion The $35 million in additional port deepening funds proposed by Georgia Gov. Nathan Deal has been approved by the state legislature and now awaits the governor’s signature…
February 2014 cargo volumes in the Port of Los Angeles decreased 8.9 percent compared to the same month last year informs the Port in its latest report.The Port considers that the decrease is due in part to the Chinese New Year, which closed…
A new study by Lloyds Register and University College, London, discusses the prospects of marine fuels in 'Global Marine Fuel Trends 2030', giving insights into future fuel demand for the containership, bulk carrier/general cargo and tanker…
