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Ocean Carriers

Ocean Services Expands Offshore Fleet

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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, Wal-M Jones Act Carrier Award

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


Ocean Carriers: Marginal Impact from Capacity Cuts

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


Ocean Carrier Can’t Use Carmack Amendment

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


Ocean Carriers and NVOCCs Select Descartes

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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


Asia-Middle East/India Cargo Growth Poor in Q4 2013: Analysts

File photo CCL

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 Forges Ahead With Crew Vision 2001

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 Issues Statement on Antitrust Investigation

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


Shipping Industry Signs Up to Pilot XVELA Platform

Photo by XVELA

 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.   


Shipping Alliances Demand Aggressive Oversight -FMC Chairman

Photo: China COSCO Shipping

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


Port Traffic Surges at Long Beach

Photo Port of Long Beach

Renewed activity at the Port of Long Beach’s largest terminal and extra ships calling ahead of the Lunar New Year pushed cargo 8.7 percent higher in January compared to the same month a year ago. Dockworkers moved 582,689 twenty-foot equivalent units (TEUs) last month


Portland Port, ICTSI to terminate Lease

ICTSI Oregon, Inc. and the Port of Portland have mutually agreed to terminate a 25-year lease agreement to operate the container facility at the Port’s Terminal 6. The agreement allows ICTSI Oregon to be relieved of its long-term lease obligations effective March 31, 2017


IBM, Maersk in Blockchain Tie-up for Shipping Industry

File photo: A.P. Moller - Maersk

IBM and Danish transport company Maersk said they were working together to digitize, manage, and track shipping transactions using blockchain technology.   The technology, which powers the digital currency bitcoin, enables data sharing across a network of individual computers


Seattle/Tacoma Container Volumes Up 8% for 2017

Photo: Northwest Seaport Alliance

The Northwest Seaport Alliance, consisting of the ports of Seattle and Tacoma, has recorded an 8 percent year-to-date increase in container cargo through February.   International container volumes for the month of February remained steady with a 9


East-West Shippers See First Increase in Contract Rates

Graph: Drewry Shipping Consultants Limited

 Ocean freight rates for cargo moving under contracts on the major East-West trade routes saw a reversal of trend in 4Q 2016, according to Drewry’s Benchmarking Club, a closed user group of 50 multinational retailers and manufacturers who closely monitor their contract freight rates.


Hanjin Sells US Terminal Stake to MSC

Photo: Total Terminals International, LLC

 South Korean ocean carrier Hanjin Shipping Co. signed a deal to sell its stake in the U.S. port operator that runs Long Beach, Calif.’s, biggest container terminal to Mediterranean Shipping Co. (MSC), reports WSJ.   Hanjin, which for bankruptcy protection in August


Long Beach Approves MSC's Bid for Hanjin Terminal

Photo: Port of Long Beach

The Port of Long Beach’s Harbor Commission on Wednesday approved an agreement to replace the bankrupt operator of its largest cargo terminal. The Long Beach Board of Harbor Commissioners greenlighted the move by a subsidiary of Mediterranean Shipping Co


FMC Green Lights Miami Terminal Partnership

File photo: South Florida Container Terminal

An agreement between two marine terminal companies located at the Port of Miami will go into force on December 31, 2016, permitting those parties to seek cooperation and commonality in both business and operating matters.   The U.S. Federal Maritime Commission (FMC) voted Thursday not to


Hanjin Sells Operations at Port of Seattle

Photo: Port of Seattle

Bankrupt South Korean shipping company Hanjin will sell its operations of the Port of Seattle’s Terminal 46 to Switzerland-based Mediterranean Shipping COmpany (MSC) subsidiary Terminal Investment Limited (TIL), reports AP.  


US FMC approves Miami Marine Terminal conference agreement

Federal Maritime Commission Chairman Mario Cordero Photo FMC

An agreement between two marine terminal companies located at the Port of Miami went into force yesterday, permitting those parties to seek cooperation and commonality in both business and operating matters. The Federal Maritime Commission (FMC) voted today not to prevent the "Miami Marine


Port of Long Beach Trade Dipped in 2016

Photo: Port of Long Beach

Slowed by industry headwinds and challenges that included major customer Hanjin declaring bankruptcy, the Port of Long Beach said it moved almost 6.8 million containers in 2016, its fifth best year ever.   Overall cargo declined 5.8 percent in 2016 compared to 2015


Georgia Ports See Double-digit Growth in December

Photo courtesy of GPA

The Georgia Ports Authority marked 12.3 percent container volume growth in December, moving 292,172 twenty-foot equivalent container units, an increase of 32,099 TEUs compared to December 2015, a record for the GPA.   Roll-on/Roll-off cargo mirrored that growth, with a 12


FMC Commissioner Doyle Rejects Blanket Authorities for Foreign Ro/Ro Carriers

William P. Doyle

Commissioner William P. Doyle Votes to reject joint contracting authority for Ro/Ro foreign carriers to negotiate collectively for U.S.-Flag tug services.   Doyle's Statement, shown below, says new rules go beyond the scope of the Shipping Act and shipping practices harmful to U.S


Alabama Port Signs Agreement with Cuba

Photo by Alabama State Port Authority

 The Alabama State Port Authority has announced a new memorandum of understanding with the National Port Administration of Cuba, potentially laying the groundwork for future trade deals.   The five-year, cooperative agreement  was signed at the Tampa Marriott Waterside Hotel in


Korea Bank Puts 10 Hanjin Vessels Up for Sale

File Image: a Hanjin Boxship underway (CREDIT: Hanjin)

 Korea Development Bank, the main creditor of the dissolved Hanjin Shipping Co. and state-owned entity, has put 10 Hanjin vessels up for sale in order to source back elements of its extended loans, reports Yonhap.   According to the sources






 
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