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Mediterranean Shipping General Rate Increase

Mediterranean Shipping Company announced a General Rate Increase that will affect westbound freight moving from the USA to Asia effective January 1, 2010. All commodities including exempt (exception reefer) US west coast port/port    : $200/40 ft and $150/20 ft Originating from intermodal points & moving through/via US west coast ports: $200/40 ft and $150/20 ft US east coast and gulf port/port: $200/40 ft and $150/20 ft Originating from intermodal points & moving through/via US east coast or gulf ports: $200/40 ft and $150/20 ft Reefer cargo US west coast port/port: $250/40 ft and $190/20 ft Originating from intermodal points & moving through/via US west coast ports: $250/40 ft and $190/20 ft From or through US east coast and gulf ports: $300/40 ft and $225/20 ft Originating from intermodal points & moving through/via US east and gulf coast ports: $300/40 ft and $225/20 ft


US West Coast Port Volumes Rebound

File photo: Port of Los Angeles

West Coast ports strike back: new data finds that the early-2015 import slump at West Coast ports have bounced back in 2016   Import volumes have rebounded at U.S. West Coast ports so far this year, according to Datamyne, a provider of web-based international market intelligence.   Datamyne found that imports through the port of Los Angeles have increased 36 percent from January through February of 2016 and 30 percent through the port of Long Beach


US East & Gulf Ports Labor Talks Make Progress

International Longshoreman's Association (ILA) & United States Maritime Alliance (USMX) make progress in contract negotiations Concluding three of four days of scheduled negotiations, the two sides announced agreement in principle on issues involving the introduction of new technology and automation and maintenance and repair of chassis within marine terminals and at off-pier facilities at the East and Gulf Coast ports.


Asia/US East Coast Shipments Continue to Rise

Graph credit Drewry Maritime Research, derived from CTS

The surprising surge in cargo volumes from Asia to the East Coast of North America since July remained strong in September, and even appears to have continued in October says a Drewry Maritime Research analysis. Eastbound Shipments from Asia to the East Coast of North America (ECNA) continued to grow impressively in September, reaching 382,000 teu. It brought the total for the peak season quarter up to 1.14 million teu, a startling 18% increase over the same period last year


CaroTrans Assures Seamless Transport on US West Coast

CaroTrans Logo

  CaroTrans, a leading global NVOCC (non-vessel operating common carrier) and ocean freight consolidator, today announces their U.S. West Coast port readiness program to address potential supply chain disruptions. Congestion and current labor issues are impacting the flow of cargo at U.S. West Coast ports and there is the likelihood of further instability. To address this infrastructure challenge, CaroTrans has developed alternative routing solutions to lessen the impact on supply


West Coast Ports Dispute and US Economy

Image by Pacific Maritime Association

 A face-off between economists on the cost of West Coast port slowdown on U.S. economy. Vital shipping ports on the West Coast are closing amid a labor dispute between shipping companies and longshoremen.  Will the shutdown lead to major losses for businesses and the U.S. economy as a whole?  A section of economists and trade experts say that a shutdown of 29 West Coast ports closures would have very little effect on the broader U.S. economy as the trade of goods through U.S


Labor Dispute Closes Canada's West Coast Ports

A dispute over the use of nonunion labor and wages that has shut down nearly all shipments through Canada's West Coast ports entered its fourth day Wednesday, with no sign of a resolution in sight. Most shippers have switched to ports in the U.S. since the lockout of longshore workers began on Sunday. But there was concern over added costs and possible congestion problems at alternative facilities. No negotiations are planned between the British Columbia Maritime Employers Association (BCMEA)


Fitch: West Coast Labor Delay Sending Cargo North

FitchRatings.jpg

The ongoing risk of a strike or work slowdown at West Coast ports may already be diverting cargo to other distribution methods and setting the stage for broader economic impacts, Fitch Ratings says.   The International Longshore and Warehouse Union (ILWU) workers are currently working without a contract and could strike at any time. However, Fitch notes that recent negotiations between the ILWU and the Pacific Maritime Association (PMA) are said to be amicable


Cargo Loading Suspended at US West Coast Ports

Photo courtesy of the Port of Los Angeles

Shippers suspend weekend cargo loading at U.S. West Coast ports Cargo freighter loading and unloading operations will be suspended at U.S. West Coast Ports this weekend due to continuing chronic slowdowns that shippers and terminal operators have blamed on the dockworkers' union, the companies' representative said on Friday.   However, the Pacific Maritime Association said terminal yard, rail and gate operations at the ports, which handle nearly half of U.S


U.S. Ports Deal 'huge relief' for Workers, Economy

President Barack Obama

  The White House said on Friday a deal between West Coast ports and the dockworkers union was "a huge relief" for the economy, businesses and workers affected by the lengthy labor dispute. President Barack Obama had received an update on the talks late on Thursday from Labor Secretary Tom Perez, whom he had dispatched to help resolve the dispute, the White House said in a statement. Obama "calls on the parties to work together to clear out the backlogs and


US Retail Import Patterns Still Uneven

File photo: Port of Los Angeles

Import cargo volume at the nation’s major retail container ports is expected to be mostly down through the summer but should see a significant uptick just before the winter holiday season, according to the monthly Global Port Tracker report released today by the National Retail Federation


Port of NY & NJ to Handle Larger Vessels

Map: Port Authority of New York and New Jersey

 Port of New York and New Jersey will be able to handle 14,000 TEU vessels toward the end of 2017, says officials at the Port Authority of New York and New Jersey.   The planned completion of the 50-foot Harbor Deepening Project later this summer and the anticipated completion of the


Expanded Panama Canal Nears Inauguration

Graphics: Panama Canal Authority

 As the global shipping industry facing tough weather, the $5.25 billion expansion of the Panama canal is set to open Sunday (June 26), reports AP. The deeper, wider channel is designed to accommodate the world’s growing fleet of mega cargo ships and expanding trade between North


Latin America Ports to Berth Larger Vessels

Photo: Maersk Group

 Foreign trade and energy have boosted economies throughout the Americas. From the USA, to Argentina, Ecuador and the Bahamas, Maersk is helping unleash the region’s potential by facilitating the flow of goods around the globe.  


US Imports Rise Steady after 2015 Rollercoaster

File photo: Northwest Seaport Alliance

Import cargo volume at the United States’ major retail container ports has begun its annual climb toward summer levels but is expected to be largely flat when compared with last year’s record high numbers, according to the monthly Global Port Tracker report released today by the


Port of Long Beach Starts Strong in 2016

Photo: Port of Long Beach

Cargo shipments at the Port of Long Beach were up 6.1 percent for the first three months of 2016 compared to the same period last year, starting the year off strongly. Lifted by big gains in January and February, the quarter was the port’s best since 2007.  


Containership Scrapping Gathers Momentum

Graph: Drewry Maritime Research

 After a slow start scrapping of containerships gathered momentum towards the end of 2015 and has continued into 2016, says Drewry Maritime Research.   A record intake of newbuild containershps (1.7 million teu) in 2015 coincided with an unusually low scrapping total


Jensen Debuts New Tractor Tug Design

BayDelta (Photo: Jensen Maritime)

Crowley Maritime Corp.’s Seattle-based naval architecture and engineering firm, Jensen Maritime, reports it has designed a new tractor tug for Vessel Chartering LLC that features some of the first Tier IV engines meeting higher federal air emissions standards among U.S. tugboats.  


CMA CGM’s Benjamin Franklin Ends US-Asia Route

Benjamin Franklin. Photo: CMA CGM

French shipping line CMA CGM SA will no longer run the mega containership Benjamin Franklin between Asia and the U.S. West Coast, on account of weak market conditions, reports FT. According to sources, Benjamin Franklin’s voyages have been suspended on the route between Asia and U.S


APMT Prepares for 20,000 teu Ships on Pacific

Photo: APM Terminals

 APM Terminals, the port terminal operator arm of Danish shipping conglomerate AP Moller-Maersk A/S, has signed an agreement to enlarge 10 STS cranes at its Pier 400 facility in the Port of Los Angeles.   The 10 STS cranes will be the tallest in service at any port in the United States


APM Terminals LA Makes Room for Mega Ships

Signing photo of APM Terminals and ZPMC executives Courtesy APM

The 10 STS Cranes will be the tallest in service at any American port; new LED lighting on the crane booms will increase visibility while significantly reducing energy consumption, as capabilities expand to meet the needs of larger vessels entering into th global fleet.


SC Ports See Container Volume Uptick

The South Carolina Ports Authority (SCPA) reported a 2.8 percent increase in 20 foot-equivalent unit (TEU) volume fiscal year to date, handling 1.6 million TEUs since July 2015.   SCPA said it moved 157,959 TEUs in April, bringing SCPA's calendar year-to-date container volume to 631,753 TEUs


New Tug Equipped for US Tonnage Boom

Photo: JonRie

 Petchem, Inc. has taken delivery of its new Farrell & Norton 80’ 5,000HP ASD tug from Gulf Coast Steel Boat Builder’s in Bayou La Batre, Ala. Petchem’s new  vessel and equipment help prepare East Coast ports for the increased tonnage coming through the canal in the


Deployment: The Transpacific Trade Steps Up To The Plate

Graph: Clarksons Research

 In 2015, it was the Asia-Europe route which was the focus of changing deployment trends, says Clarksons Research.   This year, it is the Transpacific trade which looks poised to drive key changes in containership deployment, with the expansion of the Panama Canal due to open in late


Panama to Transform its Role with Canal Expansion

Photo: Knowledge@Wharton, The Wharton School

 Knowledge@Wharton, the Wharton School of the University of Pennsylvania journal, says that the transformation Panama Canal expansion project will bring to Panama’s domestic economy and society have been largely overshadowed by the historic expansion.  






 
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