International accountant and shipping consultant Moore Stephens says total annual operating costs in the shipping industry fell by an average 1.8% in 2012. This compares with the 2.1% average rise in costs recorded for the previous year. There…
The British International Freight Association has given qualified support to last week’s decision by a sub-committee of the International Maritime Organization to approve a compromise proposal for verifying the weight of containers before they are loaded onboard ships…
At last week’s meeting in the IMO, it was decided that the weight of containers are to be verified before it is possible to carry them by sea. This will prevent ship accidents and prevent the loss of containers into the sea.The IMO Sub-Committee on Dangerous Goods…
Container shipping costs have continued to rise, but the trend has not been uniform across all trades and Drewry is expecting rate levels to fall in the final months of the year. Pricing on Asia origin trades has been buoyed by peak season volumes…
Import Volume for the Two Busiest Import Months of the Year Are 1.5% Higher Than 2012 Zepol Corporation, a leading trade intelligence company, reports that U.S. imports in August are the second highest month for TEU (twenty-foot container) volume in 2013…
Containerized cargo volume at the Port of Long Beach surged 16 percent in August compared to the same month one year ago, with double-digit percentage gains in both imports and exports. Latest Middle Harbor project update shows significant progress…
The ITF is calling on governments and industry bodies to back a proposed amendment that will tackle the dangers posed by unweighed or mis-declared shipping containers.The amendment – to the existing Safety of Life at Sea Convention (SOLAS)…
In Savannah visit, Georgia officials accompany Vice President.After touring the Port of Savannah Monday, Vice President Joe Biden called for expediting port improvement projects on the U.S. East Coast. U.S. Secretary of Transportation Anthony Fox…
The International Maritime Organization is discussing a draft amendment that will make mandatory a certified process for the verification of the weight of every loaded container. The European Shippers’ Council (ESC), the European and international…
Trailer Bridge, Inc. is announced the appointment of Chad Switzer to the position of Director of Financial Planning & Analysis. Chad has over fifteen years of professional experience in Finance and Operations Management and is responsible for Trailer Bridge’s Planning…
Triton Overseas Transport, an industry-leading Non Vessel Operating Common Carrier and provider of international freight services, announced the appointment of Lindsey Avery to the position of Sales Representative. Committed to offering competitive rates and unparalleled customer service…
Four major international shipping industry organisations have jointly urged the International Maritime Organization (IMO) to act to prevent misdecleration of container cargo weights.BIMCO, International Association Of Ports And Harbors (IAPH)…
Misdeclared container cargo weights have been a long-standing problem for the transportation industry and for governments. The problem is significant and arises in almost every trade, and misdeclared container weights present safety hazards for ships…
Maersk Line’s first 18,000 teu vessel, the Maersk Mc-Kinney Moller, which was doing the rounds on her maiden voyage in Northern Europe last week, has prompted much speculation on her economies of scale, particularly as HHI has just confirmed…
The 'Maersk Kampala', situated south of the Suez Canal, continues to fight a fire in the two foremost cargo bays of the vessel. Crew are all accounted for and safe in the accomodation area with no injuries reported. The owners report that…
