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.
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
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
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
Amazon.com Inc's China arm has registered as an ocean freight forwarder, according to the U.S. Federal Maritime Commission, a move that will give it more control over shipping products from Chinese factories to U.S. shoppers. The registration is the latest indication that Amazon plans to expand its logistics reach to cut costs for its retail business and potentially provide third-party logistics services to other industries.
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
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
Swiss Mediterranean Shipping Co. (MSC) has finalized the acquisition of CP Carga, the freight and logistics unit of Portugal’s state-owned railway. MSC Rail, railway company of MSC, has completed the acquisition of the CP Carga - Logística e Transportes
Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell by 13.9 percent to $469 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.
CaroTrans, a global non-vessel operating common carrier (NVOCC) and ocean freight consolidator, has entered a partnership with Thrutainers International, an established NVOCC in South Africa. This cooperation creates a U.S.- Sub-Saharan Africa import/export LCL service network in this important
Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell by 8.1 percent to $431 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.
President Obama is today, expected to sign a five-year, $305 billion transportation reauthorization bill that Congress overwhelmingly passed yesterday which includes $11 billion in new freight funding grants and programs and other top priorities among America’s seaports.
According to a new industry report published by Lucintel, the future of the global marine port and service industry looks good, with opportunities in the marine freight transportation industry. As per a Lucintel study, the global marine port and service industry is forecast to
Rates from Australia to China fall to 14-year low; Brazil to China capesize rates drop to 7-year low. Freight rates for capesize bulk carriers on key Asian routes, which fell to a more than seven-year low on Wednesday, could nudge lower or hold around current levels as too many ships chase too
Freight rates on world's busiest route down 20.6 pct; forward contracts indicate continued weak 2016 market. Shipping freight rates for transporting containers from ports in Asia to Northern Europe plunged by 20.6 percent this week and there is nothing to indicate that shippers can expect
Shipping freight rates for transporting containers from ports in Asia to Northern Europe rose by 2.7 percent to $573 per 20-foot container (TEU) in the week ended on Friday, data from the Shanghai Containerized Freight Index showed. Average rates for 2015 were $607
Shipping freight rates for transporting containers from ports in Asia to Northern Europe jumped 115 percent to $1,232 per 20-foot container (TEU) in the week ended on Friday, data from the Shanghai Containerized Freight Index showed. Average rates for 2015 were $620
European Shipowners may increase freight rates or renegotiate bunker clauses in the coming year in order to capitalise on lower crude oil prices and consolidate the recovery seen in 2015, reports ICIS. Bunker fuel prices came down significantly amid lower crude oil prices but some
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
Freight volumes in the United States have fallen year on year for the first time since 2012 and before that the recession of 2009, according to the Bureau of Transportation Statistics. The total volume of freight moved by road, rail, pipeline
Cheap freight is eroding Thai and Australian sugar exporters' competitive advantage over Brazilian suppliers to Far Eastern markets, traders said on Thursday. Thai raw sugar for March/April shipment was quoted at 25 points ($0.25/lb) over ICE March futures
Falling shipping freight rates for transporting containers from Asia to Northern Europe on Friday showed there was no traditional surge in cargo exports from China ahead of the Chinese New Year, indicating a bleak outlook for the industry.