As a result of market instability in the transatlantic trade, Maersk Line is announcing the following general rate increase, effective 1 April 2009. The filed increases are as follows between Northern Europe and the East Coast and Gulf Coast of North America: • $160 per 20 ft dry container • $220 per 40 ft container/high cube/45 ft container/reefer The filed increases are as follows between Northern Europe and the West Coast of North America: • $200 per 20 ft dry container • $300 per 40 ft container/high cube/45 ft container/reefer The increases apply equally to all Eastbound and Westbound cargo moving between the US & Canada and Northern Europe.
As produce farmers across the Americas gear up for the peak winter produce season, Crowley has added 400 new refrigerated containers to its fleet to accommodate their needs. The 40-ft containers were delivered last week at Puerto Limon in Costa Rica and will be distributed throughout the Central American countries Crowley serves within the next couple of weeks. The state-of-the-art units were purchased to accommodate future growth and to replace older units
Drewry’s latest Container Equipment Insight, exclusive to subscribers of Drewry’s Container Leasing and Container Census reports, saw prices for new dry freight containers increase in the opening months of 2014 for the first time in two years. Standard box prices declined gradually throughout 2013, falling by late in the year to their lowest point since 2009, and they have so far barely managed to recover 10% by April 2014
Maersk Line informs its customers it will be implementing a General Rate Increase (GRI) for dry cargo shipments from Houston, TX and New Orleans, LA to West Coast South America. All dry cargo shipments loading from Houston, TX and New Orleans, LA to Chile, Colombia, Peru, Ecuador and Bolivia will be increased by the following amounts and scope, with an effective date of September 16, 2013: • USD 150 per 20’ container
Workers at French ports embarked on a national strike starting at 6 a.m. local time today, February 12. The strike, which affects most public terminals but not private ones, will likely last 24 hours. Fos/Lavera - Port workers stopped work 12/0600 (probably until 13/0600) at Fos/Lavera oil terminals (not fully privatized). Dry bulk and containers terminals must be affected too (dockers). Le Havre - Private terminals (CIM/Antifer – crude oil and product cargoes) not affected/ Dry
Described by publishers Drewry Maritime Research as the definitive Annual enhanced with quarterly updates released in July, October, January and April. Key areas of analysis in the Annual include: • Development of the global container fleet • Forecasted supply and manufacturing levels of new containers • Fleet ownership profiles, including geographical analysis
The Bedford Report Provides Analyst Research on Genco & Diana Shipping NEW YORK, NY--(Marketwire - March 10, 2011) - The bulk and tanker sectors of the shipping industry have been in the headlines for all the wrong reasons this year. Both sectors have been underperforming as freight rates remain under pressure based on too many available ships and not enough demand to match supply. Compounding the crisis, Chinese demand for raw materials has dropped dramatically as the nation tries to
According to provisional figures, goods throughput in the port of Rotterdam will end this year at the same level as in 2012: 442 million tonnes. The port explains that the top performance came from dry bulk such as coal, iron ore and agribulk. Throughput figures for crude oil were noticeably lower than in 2012, due mainly to the weak fuel market in Europe and maintenance shutdowns at the refineries. There was a slight increase in the throughput of oil products
Navios Maritime Partners L.P., an owner and operator of dry cargo vessels, has announced that the Hyundai Tokyo, the Hyundai Shanghai and the Hyundai Busan, all 2006-built container vessels of 6,800 TEU each, were delivered to Navios Partners' owned fleet on December 10, 13 and 16, 2013, respectively. Following the acquisition of these vessels, Navios Partners has taken delivery of a total of five container vessels of 6
Jotun COSCO Marine Coatings (Qingdao) Co Ltd contracted to supply coatings vessels to drydocked COSCO container ships Under the terms of the agreement, Jotun will supply its top of the range Hull Performance Solution, including SeaQuantum X200 antifouling paint and a High Performance Guarantee, to a number of vessels scheduled for drydock in 2012 and 2013. The first vessel to be upgraded will be the 10 000 TEU COSCO Europe scheduled for dry docking September 2012.
The Transpacific Stabilization Agreement (TSA) informs that member container shipping lines are proposing an across-the board general rate increase (GRI) of at least US$600 per 40-foot container (FEU) to all destinations, effective September 1
The arrival of the 'M/V Westwood Pacific' at the Nanaimo Port Authority’s Duke Point terminal marks the first such berthing at the Port’s facilities and will provide a direct link to Asia. Westwood Shipping Lines operate a dedicated break bulk and container service to Asia and have
Star Bulk entered into a definitive agreement with Excel Maritime Carriers Ltd., and as a result, will acquire 34 drybulk vessels for an aggregate of 29.917 million shares of common stock of Star Bulk and $288.39 million in cash. Star Bulk Carriers Corp
A man was arrested in Northern Ireland on Tuesday on suspicion of murder after the death of an Afghan Sikh who was among 35 suspected stowaways found in a shipping container at a dock in England three days ago, police said. Police said the 34-year-old man was arrested just after midday on a
A container shipping organisation urged companies on Monday to raise Asia-U.S. freight rates by at least $600 per 40-foot container (FEU), corresponding to an increase of 14.2 percent from current levels, from Sept. 1. TSA (Transpacific Stabilization Agreement) said the planned increase follows
The Port of Hamburg continues record performance handling a total of 72.6 million tons (+ 6.6 percent) in the first six months of 2014. Hamburg’s universal port with 50.7 million tons of predominantly container handling achieves a result of 4
The number of container ships transporting goods around the world has fallen in the first half of 2014 but the total capacity of the global fleet continues to increase, consulting firm Drewry Maritime Research said in a note on Monday. Drewry Maritime Research foresees a fall in the number of
*Container throughput in Hamburg up by 2.1 % *Container transport grows by 9.0 % *Improvements in revenue and operating result *HHLA confirms forecast In the first half of 2014, Hamburger Hafen und Logistik AG (HHLA) increased its revenue by 5.2 percent to € 595
Port of Long Beach sees overall gains with jump in empty containers in July Total cargo container numbers rose 3.7 percent in July at the Port of Long Beach compared to the same month last year, making for the Southern California seaport’s busiest July since 2010.
Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell by 10.7 percent to $1,198 per 20-foot container (TEU) in the week ended on Friday, a source with access to data from the Shanghai Containerized Freight Index told Reuters.
8365 Hwy 308 South Lockport, LA 70374 Tel: (985) 532-2554 Email: Robert S@bollingershipyards.com Website: www.bollingershipyards.com CEO: Donald “Boysie” Bollinger President: Chris Bollinger The Company: Established in 1946, the family owned and operated
GPA records 19.2 percent jump in containers. The Georgia Ports Authority reached an all-time high in container trade in July, moving 293,889 twenty-foot equivalent container units, a 19.2 percent increase over the previous year. “Improved confidence among U.S
Freight rates are set to rise across all dry bulk carrier segments as the global economic recovery gains momentum, ending the sector’s most bearish run since the start of the economic crisis in 2008/2009, according to Newport Shipping’s 'Dry Bulk Market Outlook 2014 Q2'.
Three major maritime organizations, the Company of Master Mariners of India, the Institute of Chartered Shipbrokers and Shipping Professionals Network-Mumbai teamed up to focus on the recent International Maritime Organization’s (IMO) initiative on container weight verification
Freight rates are set to rise across all dry bulk carrier segments as the global economic recovery gains momentum, ending the sector’s most bearish run since the start of the economic crisis in 2008/2009. According to the latest edition of Newport Shipping’s Dry Bulk Market Outlook