The U.S. Federal Maritime Commission (FMC) Commissioner William P. Doyle issued a statement today regarding port congestion, as well as the Transpacific Stabilization Agreement’s (TSA) amendment to expand its scope to include westbound trans-Pacific trade. The full statement is below. “Today, I am voting to request additional information from the Transpacific Stabilization Agreement (TSA) parties on their proposed amendment to permanently include the westbound trans-Pacific trade as part of the TSA. By way of background, TSA previously filed an amendment seeking a 24-month trial period to expand the geographic scope of TSA to include westbound trans-Pacific trade. That 24-month trial period began on April 14, 2013. I am not going to disclose at this time the questions I am asking in the request for additional information. However, I will take this opportunity to address the separate issue of port congestion. “In registering my vote today, I can comfortably say that the Commission has been responsible and judicious over the past two years with respect to the authorizations requested by the ocean carriers. This includes the review and allowance of requests such as vessel sharing agreements and proposed alliances, which have been recognized as promoting efficient and reliable international oceanborne commerce. I believe it is time that the ocean carriers do their part and find ways to assist in eliminating port congestion
Total container capacity supply by ocean carriers on the three main east/west shipping trades rose by an average of five percent in 2001 despite the recent attempts of several carriers to remove excess capacity, according to a report released this week by ComPair Data Inc., a global ocean shipping research and information technology firm based in Jacksonville, Fla. Several ocean carriers in the transpacific and Asia/Europe routes made capacity cut-backs in the last three months of 2001
Americas Systems has implemented a solution geared for the U. S. Customs 24-hour rule compliance, allowing ocean carriers and NVOCCs to comply with new EDI and information standards required by Customs for all shipments loaded on vessels calling at ports in the United States. Ocean carriers and Non-Vessel Operating Common Carriers (NVOCCs) must transmit shipment manifest data into Customs Automated Manifest System
Network Pipeline has introduced Crew Vision 2001, an Internet-based personnel logistics database tool for use by fleet personnel departments in the marine industry. The new system can be used for commercial shipping lines and passenger cruise lines internationally. Based in Fort Lauderdale, Fla., Network Pipeline's Crew Vision system provides ocean carriers and passenger cruise lines with a paperless solution in regards to crew management.
Evergreen America Corporation, agents for global ocean carrier Evergreen, has moved U. S. headquarters to Jersey City, NJ , from Morristown, NJ, effective November 17. The move returns more than 200 jobs to Jersey City. The new address is 1 Evertrust Plaza, Jersey City, NJ 07302. For ten years, Evergreen America maintained its head offices at the Evertrust Building, which is owned by an Evergreen Group division, before moving to Morristown four years ago.
Asia/Med peak season started badly as cargo growth from Asia to the Mediterranean was poor in June, which is an ominous sign for the rest of this year’s peak season. Containerized exports from Asia to the Mediterranean rose by only 1% between May and June, up to 415,000,000 teu, which does not auger well for the rest of the peak season. As the market is partly driven by tourism, much has to be in place before the end of August
B+H Ocean Carriers Ltd. Has acquired a 1993-built, 83,000 DWT Combination Carrier to be renamed MV SAKONNET for $36.4 million. The purchase, made effective as of January 15, 2006, also reflects the continuation of a five-year Time Charter which commenced in October, 2005. The purchase was effected through an existing tax lease structure with the Company as disponent owner through a bareboat charter party. Additionally
Although the top 12 ocean carriers in the world today look set to continue dominating the market up to at least the end of 2014, UASC’s recent newbuild order will propel it up the ladder in a startling way. United Arab Shipping Company’s confirmation last week that it has ordered five 18,000 vessels and five 14,000 teu vessels for delivery between late 2014 and mid-2015 is the first major challenge to the top players’ vessel capacity supremacy since Coscon and CSCL burst
UTi Worldwide Inc., a global supply chain services and solutions company, together with its client, Ansell Limited, named Safmarine its "Partner of the Year" for 2013-2014 during their annual Ocean carrier performance review meeting in July. The award recognizes the strength of Safmarine’s relationship with UTi Worldwide and Ansell Limited. UTi and Ansell jointly selected Safmarine as a global ocean partner as part of their Strategic Ocean freight Partnership program
CargoSmart Limited, a global shipment management software solutions provider that leverages big data for greater visibility and benchmarking, has announced Big Schedules, a new sailing schedule search platform that helps shippers and logistics service providers manage and visualize their ocean routes. Big Schedules actively sources ocean carriers’ published sailing schedules and live vessel location data in order to provide personalized search results for faster and greater insights to
Maersk Line, a unit of the A.P. Moller-Maersk Group, based in Copenhagen, Denmark, has retained its position as the world’s largest container shipping line, according to Alphaliner. It is still the world’s largest ocean carrier by capacity but its closest rivals
MOL (America) Inc. welcomed Ronnie Armstrong to the position of vice president, area operations. He leads MOL (America) Inc.’s vessel and equipment management, intermodal services, contract management, and cost control and planning groups for the United States and Canada and has functional
CargoSmart Limited, a shipment management software solutions provider that leverages big data for greater visibility and benchmarking, announced that COSCO Container Lines Co. Ltd. (COSCON) has started to implement CargoSmart’s online customer service and ocean carrier analytics solutions
From racing boats to steel pipelines, windmill blades to massive hydraulic hammers, Wilhelmsen Ships Service (WSS) says its personnel in the Middle East can move just about anything, anywhere. Last summer, WSS was contracted to source ocean transportation options for the return of
APL Ltd. to Pay $9.8 Million to Resolve Alleged False Claims Under the Department of Defense Shipping Contract. APL Limited has agreed to pay the government $9.8 million to resolve allegations that it violated the False Claims Act in connection with a contract to provide GPS tracking of
China's National Development and Reform Commission (NDRC) is visiting several major container shipping lines’ offices in Shanghai and throughout the country as part of its surcharges investigation. According to local media reports
The United Seamen's Service (USS) honored Anthony Chiarello, President and CEO of TOTE Inc.; Matthew J. Cox, President and CEO of Matson; and James C. McKenna, President and CEO of Pacific Maritime Association with the 2015 Admiral of the Ocean Sea (AOTOS) Award.
ESL Shipping and AB Fortum Värme have signed an agreement for biofuel transport. The agreement provides ESL Shipping with access to the renewable fuels transport market. The company's transport operations to the new Värtan Energy Port in Stockholm will commence at the end of this
ESL Shipping Ltd and the steel company SSAB have signed a long-term frame agreement covering SSAB’s inbound raw material sea transports within the Baltic Sea and from the North Sea. The purpose of the agreement is to enable mutual
Maersk Line has announced a new direct service with short transit time from West Coast South America to Japan for dry and reefer cargo. In our continuous efforts to provide our customers with a competitive and fast connection from West Coast South America to Japan
Danish ocean carrier Maersk Line has begun the process of reducing its workforce as part of the cost cutting plan. The world's largest ocean carrier is eliminating 110 positions this month at its headquarters in Copenhagen where 1,125 persons worked previously.
Per usual, the year 2015 was an eventful one for the global maritime market, with a number of historical firsts and technological breakthroughs, a year fraught with triumph and tragedy, As 2015 comes to a close we look here at the 10 stores ..
Further widening of the supply-demand imbalance at the trade route level and insufficient measures to reduce ship capacity will lead to an acceleration of freight rate reductions and industry-wide losses in 2016, according to the latest Container Forecaster report published by global
Shifting international trade patterns at America’s seaports – with mega-size vessels requiring higher capacity road and rail connections serving ports, along with deeper harbors, bigger cranes and sturdier berths – can bolster a region’s economy while straining its
CargoSmart Limited, a global shipment management software solutions provider that leverages big data for greater visibility and benchmarking, announced it has added premium features to its sailing schedule search engine, Big Schedules. Available on a subscription basis