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
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
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
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
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.
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
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
Trinidad Dry Dock Company to develop new ship repair yard at Port of Spain; company requests Expressions of Interest for Environmental Impact Assessment and Geotechnical Investigation The Trinidad Dry Dock Company Limited (TDDCL) has invited companies to submit proposals to conduct an
China Shipping Container Line’s (CSCL) Xin Qin Huang Dao recently made its maiden call at the Adriatic Gate Container Terminal (AGCT), International Container Terminal Services, Inc.’s (ICTSI) container handling facility in the Port of Rijeka, Croatia
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, edged higher on Monday as rates rose for vessels across all segments. The index, which factors in the average daily earnings of capesize, panamax
Sea Star Line, LLC has entered an agreement to on-hire another barge to add to its current service package for shipments from Jacksonville to Puerto Rico. The new asset has the capacity for 320 dry units and its initial departure is scheduled for the first week of April
Lloyd’s Register launched its 2015 Container Certification Scheme today to give a clear and concise set of rules to ensure offshore and onshore containers are safe and certified correctly. Aimed at both manufacturers and operators of equipment in the
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, remained steady on Thursday due to a muted vessel activity. The index, which factors in the average daily earnings of capesize, panamax
The Shanghai-and-Hong Kong-listed flagship unit of China Ocean Shipping Group, China Cosco Holdings Co Ltd says that its 2014 net profit went up 54 percent y/y at 362.5 million Yuan ($58.37 million), on government subsidies for scrapping old tonnage.
Changes to sea port charges have been implemented in Qatar, as per the decision of the country's Council of Ministers. 20' containers (clear in approx. 3–7 days, depending on weekend & availability of paperwork):
APM Terminals Mumbai welcomed China Shipping Container Line’s HS Paris on March 20th, on her maiden call as part of the Middle East-Indian Subcontinent-North America (MINA) Service, jointly operated by the United Arab Shipping Company, Hanjin Shipping, CMA CGM and China Shipping
China Cosco said losses in its main dry bulk shipping business fell sharply in 2014 and its container shipping gross profit grew amid a still subdued global shipping market. The comments were made by the firm's chief financial officer, Tang Runjiang, at its results briefing in Beijing on Friday
Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell 5.5 percent to $586 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.
The Paducah-McCracken County Riverport Authority and Ingram Barge Company has announced plans to assess the viability of Intermodal River Transportation, utilizing the largest flat-top crane in North America owned by the Paducah Riverport Authority and Ingram’s towboats and barges.
Hamburg Süd christened its third container vessel in the new San class yesterday, officially naming newbuild San Vicente at the Cuenca del Plata terminal in Montevideo. The new ship class in the Hamburg Süd fleet has a nominal container slot capacity of around 9
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Friday as lack of demand took a toll on rates for most of the vessel segments. The index, which factors in the average daily earnings of capesize, panamax
Klaus Nyborg, interim CEO at Denmark-based dry bulk and product tanker shipping company Dampskibsselskabet NORDEN A/S, expects difficult dry cargo market conditions to continue through 2015 as the tanker market has come off to a good start.