The U.S. Department of Transportation’s Saint Lawrence Seaway Development Corporation (SLSDC) today joined the Port of Cleveland in announcing the launch of the Port of Cleveland’s Express Ocean Freight Service. The new service will run between the Port of Cleveland and Antwerp, Belgium via the Saint Lawrence Seaway and is the first regularly scheduled international cargo shipping service to a U.S. port on the Great Lakes in decades. “Our ports play a critical role in freight movement, and the Port of Cleveland has been a leader in finding new ways to expand the use of the Great Lakes Seaway System,” said U.S. Secretary of Transportation Anthony Foxx. “As freight shipments continue to increase, this service will provide new opportunities and grow businesses in the manufacturing heartland of America.” The arrival at the port of the Dutch vessel Fortunagracht out of Antwerp on April 19 marked the inaugural voyage of the Cleveland-Europe Express Ocean Freight Service. The vessel is carrying a variety of cargo and departs back to Europe today with U.S. exports. The service will continue to make one round trip each month and is expected to grow as demand increases. Administrator Betty Sutton joined with local leaders in Cleveland for the announcement today.
Florida-Based Sea Star Line LLC Agrees to Plead Guilty and Its Former President Is Indicted for Price Fixing on Coastal Freight Services Between the Continental United States and Puerto Rico Sea Star Line Also Agrees to Pay $14.2 Million Criminal Fine. Sea Star Line LLC has agreed today to plead guilty and to pay a $14.2 million criminal fine for its role in a conspiracy to fix prices in the coastal water freight transportation industry, the Department of Justice announced
P&O Stena Line has resumed full passenger and freight services from the British port of Dover after French fishermen began to lift their blockade of French ports. P&O spokeswoman Gail Isted said that the company's vessel 'Dover' had left Calais in France for Dover in mid-afternoon. "P&O Stena Line ferries will now leave Dover and Calais every 45 minutes and will revert to their usual sailing patterns overnight," the company said in a statement.
SEAaT (Shipping Emissions Abatement and Trading) announced today that international legal practice Norton Rose LLP and the freight services division of global mining group Rio Tinto have become its newest associate members. Norton Rose LLP has had shipping at its core throughout its 200-year history, and is home to one of the world’s leading transport legal practices. Norton Rose LLP has over 100 specialist shipping lawyers across the globe
The Björk.Eklund Group is changing its name to Greencarrier AB with effect from February 1, 2012. Previously the Greencarrier name had only been used by companies that formed part of Greencarrier Freight Services, the division of the Björk.Eklund Group offering customised logistics and transport solutions worldwide. Now the majority of Group companies not currently branded Greencarrier will also change their names to reflect their membership of the Greencarrier Group
During the PVA Annual Convention at MariTrends 2014, held January 18-21 in Houston, members of the Passenger Vessel Association (PVA) elected Terri Bernstein, BB Riverboats Newport, Ky., as PVA President for 2014. Also elected to terms as PVA Officers for 2014 were: PVA Vice President: Dave Anderson, Fire Island Ferries, Inc., Bay Shore, N.Y. PVA Secretary Treasurer: Margo Marks, Beaver Island Boat Company, Charlevoix, Mich. PVA President: Terri Bernstein
The 68m catamaran Maria Dolores will shortly go into service with Malta-based Virtu Ferries on the company’s established Malta – Italy route, propelled by no fewer than six Kamewa waterjets, three in each hull. A speed of about 36 knots with the engines running at 90 per cent of full load will link Valetta with Catania in three hours, with Pozallo in 90 minutes and provide a service to the Italian mainland at Reggio Calabria in four hours.
IRISH Sea freight ferry operator Seatruck Ferries has ordered two new ro-ro freight ferries from Spain's Astilleros de Huelva. When they enter service in 2007 they will be able to move 130,000 freight trailers per annum on Seatruck's Warrenpoint - Heysham route, more than doubling present capacity. Seatruck's general manager Alistair Eagles says, "This is fantastic news for all of our freight customers. We have been running at full capacity for some
A former high-level shipping executive was sentenced today to serve 48 months in jail and to pay a $20,000 criminal fine for his role in an antitrust conspiracy involving the transportation of goods to and from the continental United States and Puerto Rico by ocean vessel, the Department of Justice announced on Jan. 30. This is the longest jail sentence ever imposed for a single antitrust charge. Peter Baci of Jacksonville, Fla., pleaded guilty on Oct. 20, 2008, in the U.S
Crowley Maritime Corporation announced a restructuring involving three members of its senior leadership team. John Douglass and Rob Grune will move to new positions, with Douglass taking over as senior vice president and general manager of Crowley's Puerto Rico/Caribbean liner services, and Grune taking over as senior vice president and general manager of Crowley's petroleum transportation group. Both executives will remain domiciled in Jacksonville and continue to report to Tom Crowley
Hamburg Süd yesterday christened another containership in its San class, as the official naming ceremony of the newbuild San Clemente was held at the Marina Bay Cruise Center in Singapore, with customers and business partners. The San Clemente is one of Hamburg Süd’s series of
CEVA Logistics, one of the world’s leading supply chain management companies, has been awarded a long term contract to provide freight management services to SuperGroup, owner of famous fashion brands including SuperDry. The contract award followed a competitive tendering process
Lynden Logistics, LLC signed a letter of intent with Chieftain Metals Corp. to provide barge services in support of the construction and production of the Tulsequah Mine in British Columbia. The services will include the barging of materials and supplies up the Taku River to the mine site and
OAO Sovcomflot (SCF Group) today reported results for the nine months and third quarter (Q3) ended 30 September 2014. Nine months 2014 – Financial Highlights (IFRS accounts) USD
Container freight rates fell 10.2 percent on busy route; Maersk expects gradually declining rates. Freight rates for shipping containers from ports in Asia to Northern Europe fell 10.2 percent to $738 per 20-foot container (TEU) in the week ended on Friday
Paul “Chip” Jaenichen was appointed by President Obama and sworn in as Maritime Administrator on July 25, 2014. Before his appointment, Administrator Jaenichen served as Acting Administrator beginning in June 2013. He joined the U.S
Rates for capesize bulk carriers on key Asian routes are again likely to fall as the volume of tonnage limits any price gains from an increase in chartering activity, brokers said. Freight rates for a voyage from Australia to China have steadily fallen since Sept
Container shipping company Maersk Line, a unit of Danish conglomerate A.P. Moller-Maersk , plans to raise freight rates sharply on main routes from ports in Asia to ports in northern Europe, with effect from Nov 1. Rates for twenty foot equivalent unit containers (TEU) will rise by $900
The EU's TEN-T Program will co-fund with almost €2.5 million studies on the capacity development in the Port of Dublin to improve the freight traffic connection to the main rail and road axis linking Ireland to the UK and continental Europe.
Shipping freight rates for transporting containers from ports in Asia to Northern Europe jumped 88.2 percent to $1,312 per 20-foot container (TEU) in the week ended on Friday, one source with access to data from the Shanghai Containerized Freight Index told Reuters.
The supply/demand imbalance that drove dry bulk markets down to 2009 levels during the first half of the year is set for adjustment, with Newport Shipping Group predicting an improved tonnage balance over the next couple of years, resulting in a freight rate peak in the 2016/2017 period.
Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell by 10.4 percent to $1,175 per 20-foot container (TEU) in the week ended on Friday, one source with access to data from the Shanghai Containerized Freight Index told Reuters.
Matson, Inc., a U.S. carrier in the Pacific, announced its results for the third quarter of 2014, in which it reported a net income of $21.5 million, or $0.50 per diluted share, compared with $17.2 million or $0.40 per diluted share in 2013, while consolidated revenue for the third quarter 2014
Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell 20.5 percent to $934 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.
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