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
Crude oil tanker market sentiment weakened in April as average spot freight rates dropped on most reported routes, OPEC said in its latest monthly report. On average, dirty tanker freight rates were down 8% from the month before
Shipping freight rates for transporting containers from ports in Asia to Northern Europe dropped 23.6 percent to $658 per 20-foot container (TEU) in the week ended on Friday, data from the Shanghai Containerized Freight Index showed. The drop in freight rates on the world's busiest shipping
Capesize rates slide after hitting 5-month high. Rates for capesize bulk carriers eased this week after hitting their highest since December, and could come under pressure next week if charterers hold back cargoes, ship brokers said. "So far, I can't see too much cargo in the market
Shipping freight rates on the world's busiest route, from Asia to Northern Europe, fell by the largest percentage amount since 2008, reflecting wild volatility in the market as vessel operators continue to wrestle with overcapacity. Rates for transporting containers from Asia to Northern Europe
The UK’s second largest ports operator, Peel Ports, has today (Wednesday, 29 April) launched a major carbon emission initiative, Cargo200, and is calling on the UK freight and logistics industry to rethink supply chain and services routes in order to reduce freight mileage by 200
Scandlines reports good financial results in 2014 as the company strengthened its competitive position through significant investments in new ferries as well as the completion of a number of important strategic objectives concerning customer service and environmental initiatives
Freight rates for the shipping of containers from Asia to Northern Europe fell by 1.7 percent to a record low $343 per 20-foot container (TEU) in the week ended Thursday, a source with access to data from the Shanghai Containerized Freight Index told Reuters.
'Move America Act of 2015' would help fund landside improvements to U.S. ports -APPA The American Association of Port Authorities (AAPA)—the unified and recognized voice of seaports in the Americas—publicly voiced support for the bi-partisan Move America Act of 2015
With America's population expected to grow by 70 million over the next 30 years, moving the goods that enrich our lives --and the freight that fuels our economy-- will be a key challenge. As our Beyond Traffic draft framework indicates, by 2045, the volume of goods on our roads, rail
CargoSphere, a cloud-based global rate management solution and confidential Rate Mesh for the ocean and air transportation and logistics industries, has announced that Freight Logistics, a global freight forwarder and logistics service provider, has implemented the CargoSphere technology platform
International freight insurer TT Club convened a special seminar at the recent conference on transport and logistics, Trans Russia in Moscow. Lead by TT Club’s General Manager, EMEA, Kevin King and Kirill Berezov from the insurer’s long-established Russian network partner
Scandinavian Shipping & Logistics appointed as agent for Scandinavia and the Baltics by Kestrel Liner Agencies /Tropical Shipping Scandinavian Shipping & Logistics (SSL) and Kestrel Liner Agencies / Tropical Shipping have agreed to extend their cooperation to Estonia
Signet continues Gulf of Mexico expansion and opens U.S. East Coast office; awarded multi-vessel contracts - containers to Caribbean ports Signet Maritime Corporation informs it has completed Phase II of a $250 million capital expansion program with the acquisition and integration of the
Hapag-Lloyd generated a profit in the first three months of this year, and concluded the first quarter with a profit of EUR 128.2 million (prior year period: EUR -119.1 million). EBITDA reached EUR 283.6 million (prior year period: EUR 2.9 million) and the underlying EBIT was EUR 160
Canada to Northern Europe connection sails May 22 Global non-vessel operating common carrier (NVOCC) and ocean freight consolidator CaroTrans today announced a new weekly less than container load (LCL) service from Montreal to Le Havre, France. This direct service has a 14 day transit.