Domestic container volume continued its steady performance in the second quarter of 2013 with 9 percent year-over-year gains, largely attributable to a strong big box segment, with total intermodal traffic rising by 2.4 percent for the quarter…
MAN Diesel & Turbo’s Thomas S. Knudsen talks shop on LNG When TOTE Inc. ordered the world’s first LNG-powered containerships (which were honored last month in Oslo, winning the DNV-sponsored “Next Generation Ship Award”), industry excitement was palpable…
US exports have been relatively robust in a backdrop of a moribund global economy, but slowing growth means that President Obama’s ambitious plan to double outbound trade in five years will fall short.In his first State of the Union speech in January 2010…
CMA CGM upgraded its Round the World Panama Direct service from a fortnightly to a weekly frequency, as of September 18, 2013. The new Panama Direct Weekly service will offer an extensive coverage of the trade with 20 ports of call.Thanks to its integration in CMA CGM global network…
Some 1,600 metric tonnes of fuel oil and 2,400 containers onboard the 'MOL Comfort' sank to the ocean floor when the remaining forward part of the container ship sank.'There is an oil film at the site, but no large volume of oil leakage has…
Import volume at the nation’s major retail container ports is expected to increase a modest 1.1% in July over the same month last year but a slow summer should be followed by significant increases as retailers head into the holiday season this fall…
IMO Secretary-General Koji Sekimizu meets with the new Chairman of IACS, Roberto Cazzulo, Chairman of RINA Services.Mr. Sekimizu congratulated Mr. Cazzulo on his appointment and expressed his appreciation to IACS for its long and ongoing support of IMO’s work on maritime safety…
The vessel's fore part has broken free from tow amid adverse weather conditions, the after part having sunk earlier.The (slightly amended) owner's statement No. 17 is as follows: The fore part is located near 17'02'N 67'57'E. The weather in the area is still adverse…
The market index for Asia to North-Europe is still on the decline, and the average for a 20-foot saw a 19% drop since May 26 compared to the June 26 price comparison service for sea freight, Xeneta reported. The market average for a 40-foot…
Tonnage is up this year at the Port of Houston Authority, with container tonnage through May up by 9%, Executive Director Len Waterworth reported at Tuesday's meeting of the Port Commission of the Port of Houston Authority.Waterworth also…
John McLaurin, President of the Pacific Merchant Shipping Association (PMSA), a West Coast maritime trade association representing ocean carriers and marine terminal operators on a variety of local, state and federal issues, has been selected…
Work on Liverpool2, a new terminal at the Port of LIverpool, has begun. More than one million cubic meters of material will now be moved by dredgers to clear a deep-water channel at the Port of Liverpool (United Kingdom), operated by Peel Ports…
MoU signed to explore new container cargo opportunities.Forth Ports Limited and Port of Zeebrugge / MBZ have (18 June 2013) signed a Memorandum of Understanding (MoU) which marks the start of a strategic agreement between the Port companies…
Specialist liability insurer for the international transport and logistics industry, TT Club is keen to focus industry attention on the risks associated with the incorrect packing and securing of cargo in containers and the debate over the accurate weighing of containers…
Maersk Line, MSC Mediterranean Shipping Company S.A. and CMA CGM have in principle agreed to establish a long-term operational alliance on East – West trades, called the P3 Network. The aim is to improve and optimise operations and service offerings…