NWSA's Terminal 18 Breaks Records with 2018 Volume
SSA Marine’s Terminal 18 surpassed 1 million twenty-foot equivalent units (TEUs) in yearly container volume last week, marking the first time in Washington state history that a single marine terminal handled a million TEUs in a year.Located in the North Harbor of The Northwest Seaport Alliance, the terminal is on track to top 1.1 million TEUs by the end of 2018. “We are proud to announce that Terminal 18 has handled over 1 million TEUs so far this year,” said Courtney Gregoire, Port of Seattle commission president and co-chair of the NWSA.
CMA CGM, Freightos Ink Digitization Pact
CMA CGM becomes the first ocean carrier listed on Freightos; direct digital sales, booking, and shipment management on CMA CGM key transpacific trade lanes now available on Freightos.The CMA CGM Group, a worldwide leading shipping group, and Freightos, the world’s online freight marketplace, are pleased to announce they have signed an ambitious pilot agreement whereby CMA CGM has become the first ocean carrier listed on Freightos. Online bookings, guaranteed pricing, and secured capacity on CMA CGM China-US trade lanes are available on the platform…
Hyundai Merchant Marine Mulls Fleet Capacity of 100 million TEUs by 2022
The South Korean container carrier Hyundai Merchant Marine (HMM) has chalked out an ambitious blueprint for expansion.The ocean carrier's CEO C.K. Yoo presented HMM’s target of building up its capacity to 100 million TEUs and posting USD 10 billion in annual revenue by 2022, during an employees gathering at HMM HQ in the Seoul office.HMM recently ordered twelve 23,000 TEU and eight 15,000 TEU eco-friendly mega vessels in preparation for the IMO’s sulfur regulations starting from 2022…
Matson Launches New U.S. Flag Marshall Islands Service
Matson has launched its new direct U.S. flag service between Honolulu and the Republic of the Marshall Islands ("RMI"), reducing cargo transit times to the RMI from the U.S. mainland by as many as eight days. The new service will call at three ports in the RMI - Kwajalein, Ebeye and Majuro every 17 days. Matson purchased a 700-TEU, U.S.-flagged containership to operate the new service. Christened Kamokuiki, or 'small island or vessel' in the Hawaiian language, the vessel is well suited to serving island communities with two 45 ton cranes onboard…
E2open to Acquire INTTRA
E2open announced the acquisition of ocean shipping network, software and information provider INTTRA. The combination of INTTRA’s ocean carrier and shipper network with E2open’s business network will create a unified global logistics and supply chain network. E2open and INTTRA will join efforts to strengthen the connections and streamline the information flow between manufacturers, suppliers, shipping service providers, ocean carriers and all the participants in global trade.E2open is the largest cloud-based provider of networked supply chain solutions…
CMA CGM Enters Sustainability Partnership with Panalpina
French ocean carrier CMA CGM and Panalpina, the world’s fourth biggest ocean freight forwarder by transport volumes, have signed a sustainability agreement aimed at reducing their respective carbon emissions by 2025.As of 2020, newbuild LNG-powered mega-vessels with a capacity of 22,000 twenty-foot containers (TEUs) will help achieve the environmental goals.Aiming at responsible development in ocean freight, Panalpina and CMA CGM have signed a sustainability agreement for maritime…
Port of New Orleans Handles Largest Containership to Date
The Port of New Orleans (Port NOLA) welcomed its largest containership ever when the CMA CGM operated Pusan C, a 9,500 twenty-foot-equivalent unit (TEU) vessel, called on October 8 at the Napoleon Avenue Container Terminal operated by Ports America.“The deployment of larger vessels highlights our strong growth in container volumes and the success of the PEX 3 service connecting America’s heartland to global markets like Asia,” said Brandy D. Christian, Port of New Orleans President and CEO.
In Wake of 'Olivia', Pasha Hawaii Resumes Cargo Ops
Honolulu-based ocean carrier Pasha Hawaii resumed operations last night at Pier 1 and Pier 51 at Honolulu Harbor, after receiving an all clear from the U.S. Coast Guard and Hawaii Department of Transportation Harbors, following the passage of Tropical Storm Olivia over the Hawaiian Islands and the re-opening of all ports.Two Pasha Hawaii vessels — specialty RoRo vessel M/V Jean Anne and containership Horizon Enterprise — which had been positioned nearby in order to quickly return to port, commenced offload operations Wednesday evening as anticipated.
Port of Long Beach Sees Cargo Dip
Container volumes at the Port of Long Beach were 1.9 percent lower in August compared to the same month the year before.A total of 679,543 twenty-foot equivalent units (TEUs) were moved through the Port. Imports declined 3.6 percent to 343,029 TEUs. Exports increased, inching up 1.9 percent to 119,546 TEUs. Empty containers sent overseas dipped 1.1 percent to 216,968 TEUs.August 2017 was one of the busiest months in the Port of Long Beach’s 107-year history. At the time, it was the third-busiest month ever…
Hapag-Lloyd to Accelerate Digitalization as it Doubles 1H 2018 Loss
The the first half year 2018 net loss of Germany's Hapag-Lloyd is more than doubled to UER 100.9 million ($116 million) from EUR 42.7 million (USD 49 million) a year ago.The shipper attributed this loss to rising fuel costs and the slow recovery in freight rates diluted the synergies from the German ocean carrier’s merger with United Arab Shipping Company."The first half of 2018 was shaped by clearly increasing fuel costs, higher charter rates and a slower than expected recovery of freight rates.
Yang Ming Sinks into Red
Taiwanese ocean carrier Yang Ming Marine Transport Corporation (Yang Ming) registered a net loss of NTD3.81 billion (USD 129.1 million) for Q2.However, the Q2 consolidated revenues total NTD33.6 billion (USD1.14 billion) was up 1.12% from the same period in the previous year. The business volume of 1.29 million TEUs rose 11.84% year-on-year.In the meantime, for the first half of 2018, Yang Ming’s consolidated revenues totaled NTD64.6 billion (USD2.19 billion), up 1.81% compared with the same period in the previous year.
APL Introduces Weekly Japan Russia Service
Ocean carrier APL unveiled a new Japan Russia Express (JRX) service, which it says is the only weekly Japan-Russia ocean freight service to be available in the marketplace.A jointly operated service with TG FESCO, the JRX service will commence sailing from Yokohama on 24 August on the following rotation: Vostochny – Vladivostok – Yokohama – Shimizu – Nagoya - Kobe – Busan- Vostochny.Russian-destined cargoes from Yokohama to Vostonchny and Vladivostock will be delivered in as soon as seven and nine days respectively.
Southern Ports are Getting with The Program…
The In-transit cold treatment program, that is! The dimensions of The Program are remarkable. The Reefer Shipping Market and Forecast 2017/18 produced by Drewry calculated that 79 percent of perishable cargo moved in refrigerated containers in 2016 and only 21 percent on reefer ships. By 2021, reefer containers will carry 85 percent of perishable products, while reefer cargo will reach 134 million tons, Drewry study predicts. One reason for the growth of reefer cargo in containers is the remarkable expansion of the USDA sponsored In-Transit Cold Treatment Pilot program.
Nolan Tapped to Take Over as TOTE CEO
Tim Nolan has been named the next president and CEO of U.S. domestic ocean carrier TOTE Inc., parent company Saltchuk announced today. TOTE is the parent company to TOTE Maritime and TOTE Services.Nolan, who is currently president of TOTE Maritime Puerto Rico, will succeed retiring president CEO Anthony Chiarello who will step down July 16 after eight years at the helm.Nolan has been with the TOTE family of companies since 2013. He will remain in Jacksonville, Fla., as TOTE’s…
Hamburg Süd “Top Ranked Carrier” For Third Time in a Row
Hamburg Süd has been a reliable and efficient partner of US shippers of agricultural and forestry products for many years. For its outstanding performance, it was recently honored as “Top Ranked Carrier” for the third year in a row by the Agriculture Transportation Coalition (AgTC), the largest association of exporters of agricultural and forestry products in the United States. The award ceremony was held in mid-June. “Hamburg Süd won’t become complacent just because of the success it has seen so far,” says Jürgen Pump, Senior Vice President of Hamburg Süd North America, Inc.
APL Adds Port Calls to West Asia Express Service
Ocean carrier APL announced that the West Asia Express (WAX) service will be calling the additional ports of Xingang, Busan and Sohar as part of its service rotation, expanding coverage between the Far East and Middle East.According to APL, the WAX service will offer unparalleled transit time from Asia to the key Gulf ports of Sohar, Jebel Ali and Dammam. Shippers will also gain direct access to Sohar from Qingdao; as well as to Dammam and Doha from Xingang.The updated WAX service…
Hyundai Merchant Marine Joins NYSHEX
The New York Shipping Exchange (NYSHEX), the innovator of the first reliable digital forward freight contract for global container shipping, announced the addition of Hyundai Merchant Marine (HMM) as the newest carrier member to join the exchange.HMM joins a group of innovative carriers – Maersk Line, CMA CGM, Hapag Lloyd, OOCL, and COSCO – who have embraced the value of digital contracting and fully enforceable ocean freight contracts as a new offering for their customers. Model introduced by NYSHEX that is proven by a 99.8% fulfillment rate…
APL Launches New Container Services
Ocean carrier APL announced today it will introduce two new weekly services from central and southern China connecting to Indonesia and Australia respectively.APL's new China Southeast Asia Service 8 (CS8) set to commence on June 30 will provide direct access from Shanghai, Ningbo and Shekou to Indonesia’s Jakarta and Surabaya. Its service rotation is Shanghai – Ningbo – Shekou – Jakarta – Surabaya – Kaohsiung – Shanghai.Shipments from Shanghai will arrive in Jakarta and Surabaya in as soon as eight and 11 days respectively.
Maersk Taps ABS to Help Improve Cargo Safety
Ocean carrier Maersk Line has selected classification society ABS to help identify and evaluate potential hazards posed from dangerous cargoes stowage on containerships.In order to better understand key risks associated with cargo, ABS lead a workshop that assembled industry stakeholders to conduct a Hazard Identification (HAZID) study to identify hazards associated with dangerous goods stowage on a range of containership designs, many which are not fully addressed by the International Maritime Dangerous Goods (IMDG) Code.
TRAC Intermodal Adds Chassis with Gensets
TRAC Intermodal has introduced a new product that combines a new Carrier underslung genset with a premium 40-foot marine chassis.These pre-mounted genset-chassis are available through the TRAC Select pool at a convenient location in the New York/New Jersey port complex. The genset-chassis product will be expanded to the Los Angeles/Long Beach port complex in June.The new genset-chassis is focused on improving efficiency by providing a one-stop solution for motor carriers to pick up a chassis already equipped with a genset…
Hapag-Lloyd to Commence Middle East-Africa Service
Ocean carrier Hapag-Lloyd will commence a new weekly service between the Port of Jeddah and the east coast of Africa in April. With the East Africa Service (EAS), the liner shipping company will be calling at the ports of Mombasa (Kenya) and Dar es Salaam (Tanzania) for the first time. These will be connected to Hapag-Lloyd’s existing global network via the Saudi Arabian port of Jeddah, as the central hub of the region. Hapag-Lloyd will initially deploy four vessels, each with a capacity of 1,200 TEU, in the EAS.
Chainalytics and Drewry Partner to Create Ocean Buying Group
Chainalytics, a global leader in supply chain consulting, and Drewry, the global shipping consultancy, have partnered to launch an innovative ocean freight procurement solution for shippers. The Chainalytics Ocean Buying Group, in partnership with Drewry, will provide participating Beneficial Cargo Owners (BCOs) with enhanced purchasing power, service monitoring and cost transparency. The new strategic partnership delivers a pioneering ocean freight procurement platform that will…
Supply Chain Technology: Debunking Digital
Digitization without integration in the world of global shipping is a sure recipe for failure. While most shipping companies would say that they have embraced the digital world, there are differing degrees of digitization. Some companies operate fully comprehensive systems that extend into every corner of their business. Others might use programs such as Microsoft Word to create documents or Excel for their finances. Both companies are digitized but clearly not to the same extent.
Chiquita Orders Maersk Reefers
Dedicated to creating more sustainable shipping practices, the world renowned banana producer is further bolstering its fleet or Star Cool Integrated containers and adding more controlled atmosphere systems to deliver premium banana quality. The new batch of 2500 Star Cool Integrated containers from Maersk Container Industry (MCI) will be deployed in Chiquita Brands International’s (Chiquita) shipping services. Of the batch, 1000 integrated containers are equipped with MCI’s market-leading Star Cool CA (Controlled Atmosphere) system…
Sealand Launches GOEX service from New Orleans Port
Sealand, the Intra-Americas regional ocean carrier of the Maersk Group, will operate a new direct, all-water service, the Gulf Ocean Express (GOEX) service, that connects Central America, Panama and Columbia to and from the Port of New Orleans (Port NOLA). The Sealand Tiger cargo vessel makes its inaugural call for the GOEX service at Port NOLA Friday, April 20. The service will call at the Napoleon Avenue Container Terminal operated by New Orleans Terminal. The service will include two Sealand vessels and one MSC vessel.
TRAC Adds 700 Chassis to Port of NY/NJ
To support the continued cargo growth and demand for chassis in the NY/NJ Port, TRAC Intermodal is adding 700 new chassis to its Metro Pool, providing customers with easy access to high-quality equipment.The 700 new chassis are in addition to the thousands of refurbished chassis TRAC has already added to the Metro Pool. Over 40 percent of TRAC’s Metro Pool chassis fleet has now been upgraded with new or refurbished chassis, making this fleet one of the most modern and reliable in the Port.