Georgia-Based Warehouse Marks 21st Export Receiving Station for International Shipper. Troy Container Line, one the world’s largest American-owned NVOCCs, today announced it will open a new container freight station on June 1, 2012 in Savannah…
Industry-wide vessel container service schedule reliability improved, but carriers’ service standards for some commercial processes fall short says Drewry's latest reportDrewry Maritime Research’s new quarterly report 'Carrier Performance…
For many years the Congress, GAO, and I many times, have criticized Customs and Border Protection (CBP) or not addressing or even acknowledging the security risks and loss of revenue from an antiquated, and ineffective in-bond systems that serves…
On May 16 Diana Shipping Inc. (NYSE:DSX) took delivery of the newly-built m/v 'Philadelphia', a Newcastlemax dry bulk carrier of 206,040 dwt that was contracted in April 2010. As previously announced, the m/v 'Philadelphia' is chartered to EDF Trading Ltd…
GCT Global Container Terminals Inc. announces new Chief Financial Officer.Michael E. Moore, President and CEO of GCT Global Container Terminals Inc. is pleased to announce the appointment of Chris Davies to Chief Financial Officer effective June 4…
Coastguard monitors safety aspects as MSC hire Donjon-Smit to make a salvage assessment of fire-damaged 'MSC Idil' off the Puerto Rico coastThe coastguard reports as follows:The 900-foot container ship suffered an explosion onboard late Friday afternoon…
Troy Container Line Ltd, announced May 14, 2012 the appointment of three key personnel to management positions. Svetlana Azimova has been named Assistant Vice President of Troy Container Line’s Freight Cashier Department; Jonathan Lasker has…
MOL announced a new service to transport cargo from major Asian ports to key destinations on the U.S. East coast, via the Suez Canal. The service is a direct result of MOL’s ongoing efforts to develop products with competitive transit times and industry-leading on-time performance…
Despite the persistently challenging environment in the industry, Hapag-Lloyd increased its transport volume and revenue in the first quarter of 2012. The average freight rate was $1,484/TEU in Q1, down around 5% on the previous year’s figure of $ 1…
High fuel costs, low freight rates conspire to create tough 1QNOL Group, the Singapore-based container shipping and logistics company, reported a first quarter 2012 net loss of 254 million compared to a net loss of $10 million in the same period last year…
APL’s largest and newest vessel is also its most environmentally-friendly and fuel-efficient.The Singapore-based carrier says the 10,700-TEU APL Southampton, which called on the Port of Singapore on her maiden voyage today, has been fitted…
An historic Civil War shipwreck blocks dredging deep-water access channel to Port of Savannah container ship terminalBefore government engineers can deepen one of the nation’s busiest seaports to accommodate future trade, they first need…
'Next Generation Container Port Challenge' (NGCP) competition announced by Singapore authoritiesPerformance, productivity, sustainability - achieve these three targets in order to win the Next Generation Container Port (NGCP) Challenge's top prize of USD1 million…
With the lifting of trade sanctions, Rickmers-Linie is once again able to offer calls at Myanmar. Initially, the country’s main port, Yangon, will be served on inducement as part of the company’s Indian service and will cater for heavy lift cargo up to 800 tonnes in weight…
San Francisco Bay 2007 container ship crash owner to sue pharmacists for negligent supply of medication to the harbor pilot concernedThe owners and operators of a container ship that slammed into the San Francisco-Oakland Bay Bridge in 2007…
