A report forecasts the global container fleet market to grow at a CAGR of 3.19% during the period 2017-2021. The report says key vendors in the market are Maersk, CMA CGM & MSC. To calculate the market size, the report by Research and Markets…
Rail freight shipping and freight transport services across the U.S., Canada, and Mexico 2017 market expected to grow at compound annual growth rate (CAGR) of 5.57%. The analysts at WiseGuyReports forecast the rail freight transportation market in North America to grow at a CAGR of 5…
Average dwell times at San Pedro bay container ports for November are in and there has been a decrease once again. This improved efficiency is good news as the percent of containers exceeding five days also decreased, while container throughput…
U.S. President-elect Donald Trump on Tuesday named Robert Lighthizer, an official in the Reagan administration and harsh critic of China's trade practices, to be his chief trade negotiator, responsible for better deals aimed at reducing U.S…
Operating cost movements are central to shipping’s fortunes. Shipping has certainly lived up to its reputation for volatility during the past twelve months. The quarterly Moore Stephens Shipping Confidence Survey showed industry confidence…
For liner operators, light at the end of a tunnel, for owners, just another train At the behest of their backers, tonnage providers are being forced to exchange hope for action, while for operators the worst may just be over, says Maritime Strategies International (MSI)…
Classification society ClassNK said it has opened two new exclusive survey offices in Turkey with operations beginning January 1, 2017. The offices are located in the Turkish port cities Izmir and Mersin, which both have “Free Zone” in each area…
Shipments of limestone on the Great Lakes totaled 26.3 million tons in 2016, a decrease of 9.3 percent compared to 2015, reported Lake Carriers’ Association (LCA). Loadings in 2016 were also 5.3 percent below the trade’s five-year average. Loadings from U…
On January 1, 2017, Seafarers UK, celebrated the start of its Centenary Year. To mark this anniversary, Seafarers UK is holding a number of special Centenary events around the UK during 2017, in Liverpool, Bristol, Glasgow and London.On March 28…
The American P&I Club was founded in New York nearly a century ago. To celebrate its first 100 years, a book entitled The American Club: A Centennial History has just been published. The book tells the story of the Club across ten decades…
Control instrumentation and electrical engineering specialist CMR Group said it has appointed a senior director to oversee strategy and drive global sector operations. Jacques-André Mayeur joins as Energy Industry Marine (EIM)business unit director based at CMR Group’s Marseille head office…
Tony Watson, Risk Assessor at UK P&I Club in conjunction with Burgoynes, highlights the risk and impact of engine room fires onboard ships, and recommends steps to prevent and supress fires. Research coordinated by IMO has indicated that…
Gary Aucoin has joined Schottel Inc. in Houma, La., as the new General Manager. Aucoin is a dedicated sales expert taking over leadership of the growing U.S. subsidiary. Most recently, from 2010, he held the role of account manager at Wärtsilä…
Hyundai Merchant Marine (HMM) said it has signed an agreement with intra-Asia trade carriers Heung-A Shipping and Sinokor Merchant Marine to form a container shipping alliance called the HMM + K2 consortium.The HMM + K2 consortium, which…
GAC has set up a new office in Kaohsiung, Taiwan to cater to the growing demand for ship agency services in the country.Since entering the Taiwanese market in 1999, GAC’s prime focus has been on its mainstay logistics business, and it has…
