Ocean Services, a member of the Stabbert Maritime Group of Companies, has acquired the Ocean Carrier, an 279 ft X 59 ft deep-water construction vessel in order to expand their commercial fleet. This new asset marks Stabbert Maritime’s strategic move toward deep-water construction including ROV support, saturation dive support, and core drilling operations. The Ocean Carrier is currently under complete rebuild at Stabbert Maritime’s satellite yard in Houston, Texas. The refit consists of installing a new Dynamic Positioning (DPII) Kongsberg control system, 200-ton crane, and high end interior package. The Ocean Carrier is set for completion on July 15th. Primary characteristics of the Ocean Carrier include open deck space of 9,150 ft, total horsepower in excess of 12,000hp for running propulsion, dynamic positioning, deep-sea construction equipment, and accommodations for over 50. Special emphasis should be given to the hydraulic pedestal crane with a hook height of 394 ft and lifting capacity of 200t on single part line. (www.stabbertmaritime.com)
Horizon Lines, Inc., (NYSE:HRZ), a domestic ocean shipping and integrated logistics company, has been named Jones Act Carrier of the Year for 2008 by Walmart Stores, Inc. The award is presented each year to a domestic ocean carrier to recognize best-in-class schedule reliability and exceptional customer service. The award was presented at a meeting at Walmart's headquarters in Bentonville, AR on May 12. "Horizon Lines' overall dedication to customer service, operational excellence
Total container capacity supply by ocean carriers on the three main east/west shipping trades rose by an average of 5 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
The US Court of Appeals for the Second Circuit ruled that the Carmack Amendment does not apply to ocean carriers that utilize an intermodal bill of lading. In the instant case, plaintiff cargo owner contracted with defendant ocean carrier for the transport of cargo from Rotterdam to Colorado via the port of Houston. The cargo arrived in Houston. Plaintiff directed defendant to hold the cargo because the consignee had not yet tendered payment
Descartes Systems Group announced that ocean carriers and nonvessel operating common carriers (NVOCCs) have selected Descartes' Japan Ocean Advanced Filing Rule (AFR) solution to help them comply with Japan's new advanced cargo security initiative, which takes effect March 10, 2014. Japan's AFR mandate requires ocean carriers and NVOCCs to electronically submit data to Japan Customs on maritime container cargo intended for a port in Japan no later than 24 hours before departure of
Cargo growth between Asia and the Middle East/Indian Subcontinent region was poor in 4Q 13, indicating that ocean carriers need to seek economies of scale and to look for more profitable ways of serving the trade lane, finds Drewry's latest Container Insight Weekly in a trade route analysis. The following is a brief extract: Cargo shipped from Asia to the Indian Subcontinent (ISC) and Middle East region (including the Red Sea) averaged 502,000 teu/month in the final quarter of last year, 8
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.
Horizon Lines, Inc has confirmed federal agents served search warrants and a grand jury subpoena relating to an investigation of pricing practices of ocean carriers operating in the trade. Horizon Lines is cooperating fully with the government officials. The company has not been informed of the specific subject matter of the inquiry, being conducted by the U.S. Department of Justice's Antitrust Division. Horizon Lines does not expect the government inquiry to impact the service
US-based XVELA, creators of a cloud-based vessel stowage and collaboration platform for ocean carriers and terminal operators, has announced that a wave of new terminal operators and shipping lines have signed on for pilot programs to put the XVELA platform to the test. The first wave of terminal operators and shipping lines have signed on for pilot programs to put the XVELA platform to the test.
The restructuring of the ocean carrier alliance system, triggered by merger and acquisition activities by shipping companies, is a logical business development, but if not carefully monitored and regulated, could also represent a move toward reduced services for shippers, said Mario Cordero, Chairman of the Federal Maritime Commission (FMC). Cordero articulated this concern during remarks he made at the 2016 International Trade Symposium hosted by the Virginia Maritime Association in
DP World has signed a long-term lease agreement for the expansion and operation of the multi-purpose Rodney Container Terminal at Saint John, New Brunswick, Canada. The global trade enabler will start running existing operations on 1 January 2017 and work in partnership with the Saint John Port
The GT Nexus Shipper Council, a community group of supply chain executives representing large global enterprises, has recognized Hapag-Lloyd, one of the world's leading container liner shipping companies, as the winner of the 2016 Ocean Performance Award.
Hamburg-based ocean carrier Hapag-Lloyd said its shareholders approved all items on the agenda at Annual General Meeting, mainly the share capital increase needed for combination with United Arab Shipping Co (UASC). "The main matter regarded creating the capital
Drewry’s Global Freight Rate Index, a weighted average of spot container freight rates across all major routes except intra-Asia, swung back in July by 13% to reach $1,403 per 40ft box. The global spot rate index had dropped to an all-time low of $1,113 per 40ft container in April.
The Middle East container shipping group United Arab Shipping Co. (UASC ) met with shareholders at the company's corporate office in Dubai to discuss a possible combination with German rival Hapag-Lloyd, but no decision was finalized.
With the implementation date for new container weighing requirements 14-days away, Chairman of the Federal Maritime Commission Mario Cordero said the time has come for ocean carriers to embrace the obvious solution to achieving compliance that Marine Terminal Operators can offer.
CargoSmart Limited has announced that its customers are preparing to submit the verified gross mass (VGM) of their cargo through CargoSmart's platform to comply with the new Safety of Life at Sea (SOLAS) Convention requirements that go into effect on July 1, 2016.
The South Carolina Ports Authority (SCPA) has today filed a rule in its Marine Terminal Operating Schedule (MTOS) outlining its process for adherence to the IMO regulations regarding Safety of Life at Sea (SOLAS) Regulation VI/2, consistent with the U.S
Shippers tell Drewry survey they don’t expect much of a volume uplift in the third-quarter peak season. Nearly half of the 51 shippers who responded to our survey said that they expect volumes for the third-quarter peak season to be the same as they were last year
Matson’s new South Pacific Express will link Pacific networks via Honolulu U.S. carrier in the Pacific Matson, Inc. has introduced a new containership service between the U.S. West Coast and ports in Samoa, American Samoa, Tonga and Fiji.
Freightgate Inc announced an easy to use, integrated (SSO enabled) solution for International Shippers around the world to comply with the new IMO Requirement to certify VGM (Verified Gross Mass). The new solution includes a plug-in that let’s you connect directly from
Ocean carriers achieved a six-month high for liner service reliability in May, according to Carrier Performance Insight, the online schedule reliability tool provided by Drewry Supply Chain Advisors. The on-time average of 76.0% for the 10 trades covered was a 4
According to the latest Carrier Performance Insight, produced by Drewry Supply Chain Advisors, the most reliable carrier in May was Orient Overseas Container Line (OOCL), which had an on-time reliability average of 81.1%, closely followed by niche carrier Wan Hai at 81.01%.
Carriers hoping for a respite from difficult market conditions with the traditionally buoyant peak season may be disappointed as a recent survey has revealed that shippers expect this year’s peak season to be subdued. Shippers tell Drewry survey they don’t expect much of
The Port of Ningbo has integrated CargoSmart’s software for shippers and forwarders to meet new container weight requirements with its electronic platform for exchanging data between logistics providers, as well as between logistics providers and government agencies, the port said.