'MSC Flaminia', fire still smouldering in No. 7 hold, boarded again after foul weather in UK Western Approaches.The ship managers report as follows:Thanks to improving weather conditions, a team of firefighting experts is able to board MSC FLAMINIA and continue the salvaging efforts today…
Horizon Lines receives top honors in 'Quest for Quality' award, ranked first by customers for outstanding service. Horizon Lines, Inc., one of the nation's leading domestic ocean shipping companies, has been honored for the fourth consecutive…
Conditions will eventually improve for the industry over the next five years according to IBISWorld's market research.Excerpts from the synopsis provided follow:The report says that after years of easy growth, life became more difficult for operators in the industry in the second half of 2008…
Employees at APM Terminals Mumbai achieved 500 Safe Days, without any Lost Time Injury (LTI), setting a record at the Jawaharlal Nehru Port (JNPT) at Nhava Sheva.APM Terminals globally lays a lot of emphasis on Safety at terminals and the…
China's shipping industry grapples with recession caused by waning demand & higher costs, & many small businesses are facing bankruptcy.The Ministry of Transport said that In the first six months, turnover at ports increased 7.2 percent year on year to 4…
A new research report confirms the Asia-Europe product 'Daily Maersk' continues to lead competitors in reliabiltiy ratingsThe report, a joint effort between ecommerce network provider INTTRA and container shipping analyst SeaIntel, examined…
Much has been heard, said and read regarding the advent of Slow Steaming in the global maritime industry. But in reality, how prevalent is the practice? MAN PrimeServ set out recently to find some answers.Being a market leader with the lion’s…
Raytheon Company completes prelimary design of the Tactically Expandable Maritime Platform (TEMP) for US Defense Advanced Research Projects Agency (DARPA)Through the TEMP program, Raytheon is creating an innovative system of modular technologies – including air and sea cargo transport…
Port growth reaffirms Australia's Coalition Government plans to expand Melbourne's capacityPremier Ted Baillieu and Minister for Ports Denis Napthine announce trade figures at the Port of Melbourne surged in the 2011-12 financial year with a 9…
Talk about ups and downs. In 2009, the container shipping industry lost US$16 billion. In 2010, it made a profit of $20 billion, and last year was back in the red ink business with an $8 billion loss. This year? Break even is about the best…
Braemar Shipping Services PLC appointed Nick Hubbard as head of its London Container desk. Nick has over 25 years' experience in shipbroking including over 20 years as a Container Specialist. His appointment underlines Braemar's commitment to growing the strength of its global shipbroking operation…
FONASBA, the international ship brokers and ship agents federation, this week gave its full backing to international government and industry efforts aimed at ensuring that shipping containers for export are accurately weighed. The initiative…
Rickmers-Linie, part of Hamburg’s Rickmers Group, has promoted Ulrich Ulrichs to the position of Managing Director.Mr Ulrichs joined Rickmers-Linie in 2005 when he took over responsibility for Line Management. In 2008 he became Director of…
Dr. Jim Giermanski (Chairman, Powers Global Holdings, Inc.) and Chris Giermanski (Director of International Operations, Transportation Services, Inc.) weigh in on the balance between facilitating trade and guaranteeing cargo identity and quantity - and what CPB needs to do to achieve just that…
The recent successful implementation of significant rate restoration initiatives by carriers in the core east-west trade lanes means that most are now operating above break-even. Carriers took sufficient capacity out in the winter months to…
