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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


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


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


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


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


McDonald's Japan Rations Fries as U.S. Port Labor Dispute Continues

McDonald's Holdings Co (Japan) Ltd has embarked on the emergency measure of only offering small-sized french fries to customers as a protracted labour dispute at U.S. West Coast ports has contributed to long delays in imports. The fast-food chain said it was importing more than 1,000 tonnes of frozen fries by air, which began arriving last Monday and had begun routing another 1,600 tonnes through ports on the U.S. East Coast which should begin arriving in late January.


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


Ports America to Operate Intermodal Transfer Service

Seagirt Marine Terminal Photo Maryland.gov

  Ports America Chesapeake and CSX Intermodal Terminals today announced a new agreement designed to immediately enhance the competitiveness of the Port of Baltimore and position it to capture additional freight business through more efficient service


Container Service to Connect Port Canaveral

Blue Stream’s maiden call at GT USA’s Canaveral Cargo Terminal is expected on January 31 Courtesy Port Canaveral

GT USA, the US arm of UAE-based global ports and logistics company Gulftainer, announced the new ‘Blue Stream Service’, a weekly container cargo service connecting Port Canaveral to Europe, the French West Indies, and Central America.


Ports America Refocuses, Oakland Lease Goes

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Ports America, the largest stevedore and terminal operating company in the United States, is refocusing its business strategies on the West Coast through additional investments and expansion of services into new terminals. Areas of concentration include Los Angeles, Long Beach


Retailers Call on Union and Ports for Long-Term Stability

Matt Shay (Photo: NRF)

Strike at NY/NJ Waterfront Shows Need for Discussion   The National Retail Federation called on the International Longshoremen’s Association and the U.S. Maritime Alliance to seek long-term stability at East Coast and Gulf Coast ports following last week’s strike at the Port of


Scottish Exporters Bullish on New Shipping Service

BG Rotterdam. Photo: B.G. Freight Line B.V

 As the shipping operator BG Freight Line is set for a new freight service connecting the links, Scotland’s food and drink, chemical and manufacturing industries are looking for a boost.   BG Freight Line, wholly-owned by Clydeport owner Peel Ports


Puget Sound Reports Container Volume Growth

Less congestion and efficient cargo movement helped international container volumes through the Puget Sound gateway improve 14 percent in June compared to June 2014, the port reported.   Cargo has been rerouted through the ports of Seattle and Tacoma as other U.S


Saldanha Bay Could be S.Africa's First LNG Import Terminal

Gas seen as key to help resolve power crisis; gas could be sourced from Nigeria, Angola, Mozambique. South Africa could build its first 20 billion rand ($1.4 billion) liquefied natural gas (LNG) import facility at the west coast port of Saldanha Bay to feed gas-to-power projects aimed at easing


Low Containership Demand: A Manageable Challenge?

Photo: Maersk Line

Is the lack of demand for containerships a manageable challenge?   The low demand on the high volume trade lanes is increasing the pressure on earnings which is already felt in the container shipping industry, says shipping association BIMCO.  


Pressure on Earnings in Container Shipping Industry

Photo: Maersk Line

 The low demand on the high volume trade lanes is surely increasing the pressure on earnings which is already felt in the container shipping industry.   This was one of the views that, BIMCO’s Chief Shipping Analyst, Peter Sand shared with the participants at the Maritime Cyprus


Retailers Well Stocked as Holidays Approach

Photo: Alex Sergienko

Import cargo volume at the nation’s major retail container ports is expected to increase 3.3 percent this month over the same time last year as retailers make final preparations for the holiday season, according to the monthly Global Port Tracker report released today by the National Retail


J.B. Hunt: Boost in Intermodal Business

Photo:  J.B. Hunt Transport, Inc

 J.B. Hunt Transport Services, one of the largest transportation companies in North America, reported increased profits in the third quarter as demand grew for transporting shipping containers.   The company reported third-quarter earnings of $115


MSC Silvia Joins Fleet

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MSC Mediterranean Shipping Company today took delivery of the MSC Silvia, the latest of a brand new class of 9,400 TEU container ships from the leading ocean carrier. Following today’s inauguration ceremony in Shanghai, MSC Silvia will join the Empire service between the Far East and US


Holiday Merchandise Supply and Demand: ‘Final Balancing Act’

Jon Gold (Photo: NRF)

Retailers in ‘Final Balancing Act’ of Holiday Merchandise Supply and Demand   Import cargo volume at the United States' major retail container ports is expected to be essentially unchanged from last year this month as stores bring in the last round of merchandise for the holiday


Largest Cargo Ship Ever to Call at a US Port

CMA CGM Benjamin Franklin (Photo: CMA CGM)

18,000-TEU container ship CMA CGM Benjamin Franklin will make its first U.S. call at the Port of Los Angeles in late December   The CMA CGM Benjamin Franklin, an 18,000-TEU vessel named in honor of one of the United States’ founding fathers


US West Coast Not Ready for Mega Boxships

Graph: Drewry Shipping Consultants Limited

 CMA CGM is testing the ability of the U.S. West Coast ports to handle the biggest containerships – are they ready?   U.S. West Coast ports are not yet in a position to handle 18,000 teu containerships regularly and have much work to do in terms of improving productivity if they






 
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