The U.S. Court of Appeals for the Sixth Circuit ruled that a quasi-contract is created when the shipper delivers cargo to the carrier for ocean transportation. In the instant case, the shipper contracted with (and paid) a freight forwarder for shipment of its cargoes from the United States to Syria. The bills of lading were not signed by the shipper. The shipper delivered the cargoes directly to the carrier’s vessels at the pier in Texas. The cargoes were transported and delivered in good order. The shipper paid the freight forwarder, which went out of business and failed to pay the carrier. The carrier then sued the shipper. The court held that, under federal common law, a quasi-contract (or contract implied in law) will be held to exist where a party has performed as expected and payment is necessary so as to enable justice to be accomplished, even where no formal contract existed between the parties. Source: HK Law
Organizers of Jacksonville Port Authority's (JAXPORT) biennial 'Logistics & Intermodal Conference' have released the list of panel topics for discussion at the upcoming 2015 conference. The overall theme for 2015 is "Challenges Facing Shippers in South Atlantic Ports,” and the conference will feature five panel discussions sharing insights, solutions and successes. Panelists will be announced soon and will include senior executives from major ocean carriers, railroads
The U.S. Bureau of Customs and Border Protection (CBP) issued a Notice stating that is delaying indefinitely implementation of the change to the “shipper” element of the advance manifest filing requirement as provided for in its December 5, 2003 rulemaking under the Trade Act of 2002. The change was scheduled to come into effect on March 4, 2004 and would have changed the “shipper” element of the advance manifest filing required of carriers from “the shipper’s complete name and address
Shippers seeking to choose ‘green’ or ‘sustainable’ transport are being put off by the confusion of initiatives and promises offered by logistics and transport companies, says Andrew Traill, Shippers' Voice Managing Partner. “The lack of a common programme results in a proliferation of calculation methodologies, carbon calculators, sustainability initiatives and so on,” he explains
Hong Kong headquartered FP Marine Risks provides insurance program to INTTRA network members via INTTRA's e-commerce platform. Leveraging the buying power of the INTTRA network, INTTRA members can elect to purchase cargo insurance at competitive rates during the shipping process through Alto, FP Marine Risks’ online insurance platform. Effective immediately, shippers can click a link to request a quote from FP Marine Risks through the INTTRA platform
INTTRA release study findings that show 81% of surveyed ocean shippers look to cut costs through e-Invoicing in 2013. The findings were based on a global study of high-volume shippers and freight forwarders that included 4 of the top 5 global logistics providers. Four years of economic volatility have intensified pressure on carriers and shippers to seek new ways to reduce costs and have seen no relief on pressure to increase service levels
The association of Romanian river shippers said it would sue the Romanian government and NATO over a total estimated loss of $90 million because of the Kosovo conflict. Association president Mircea Toader said the losses had been caused by the embargo on Yugoslavia after the Kosovo war and by the blockage of the Danube. Toader, who was speaking at the end of a meeting in the Danube port town of Galati, said the association -- representing 95 percent of Romania's river shippers -- voted to ask
The Bureau of the Census issued a final rule that will require, as of August 18, 2003, all shipper's export declarations (SEDs) for items on the Commerce Control List (CCL) or the United States Munitions List (USML) to be filed electronically by means of the Automated Export System (AES). For those items regarding which the SED has been filed via AES, carriers are not required to attach a paper copy of the SED to the manifest filed with the Bureau of Customs and Border Protection upon
MarAd Administration will present the Shipper Award to the Fluor Corporation of Aliso Viejo, Calif, for their continuing support of the United States Merchant Marine. Acting Deputy Maritime Administrator Julie Nelson will present the award in a ceremony hosted by the Propeller Club of the United States at the Washington Navy Yard. Fluor has moved more than 32,000 metric tons of Iraq reconstruction cargoes and maintained a continuous supply chain through Iraqi ports.
Put in financial peril because of NATO bombing against Serbia which literally blocked its source of business, Danube shippers and port operators received good news when it was divulged that Romania's government decided to write off the debts owed to the state by Danube shippers and port operators. The debts included unpaid taxes and contributions to the state and social security budgets over April 1999-June 2000, as well as penalties
National Shipping Company of Saudi Arabia (Bahri), the exclusive oil-shipper for Saudi Aramco, reported a significant hike in third-quarter net profit on Thursday. The company's net profit for the three months to Sept. 30 was 510.3 million riyals ($136.1 million), up from 84
FleetWeather Business Intelligence, a provider of maritime business intelligence solutions and consulting services for global shippers, announced the opening of a new office this October in Athens, Greece. According to FleetWeather, the office launch is the result of a developing customer
Odfjell announced it has appointed Senior Vice President Harald Fotland to new Head of Odfjell Tankers. Fotland comes from the position as SVP/Chief of Staff and has for the past 18 months also been responsible for the cost-cutting and efficiency program in Odfjell.
Norwegian tanker shipper Odfjell announced it is upgrading the propulsion systems aboard 19 of its chemical tanker vessels in a move that aims to reduce its fuel consumption and emissions by up to 20 percent. The upgrades, which include the retrofit of new energy efficient propeller
Bulk freight shipper Rand Logistics, Inc. has taken delivery of its newest Canadian self-unloading vessel, increasing its fleet to 16 ships, including 10 Canadian flagged and six U.S. flagged vessels. According to Rand, the new vessel will have the largest carrying capacity of any
UK P&I Club, a shipping protection and indemnity mutual insurers, and TT Club, an international transport, freight and logistics insurance provider, have welcomed the amendment to the Safety of Life at Sea Convention (SOLAS) from the International Maritime Organization (IMO) on the
Container shipper Hapag-Lloyd announced it has signed a 12-year $372 million facility agreement with a banking syndicate to finance the construction of five new vessels ordered from a South Korean shipbuilder Hyundai Samho Heavy Industries (HSHI) in April 2015.
Hapag-Lloyd and Maersk Line have agreed to cooperate in increasing the safety of dangerous goods following a meeting today in Hamburg in which Maersk Line showed interest to implement a tracing system similar to Hapag-Lloyd’s watchdog program into its business processes.
Ocean freight rates for cargo moving under contracts on the major East-West routes have seen a sharp reduction since the beginning of the year, according to Drewry’s Benchmarking Club, a closed user group of multinational retailers and manufacturers who closely monitor their contract freight
Daiichi Chuo liabilities total $1.5 bln. Second dry bulker to seek bankruptcy protection this month. Japanese bulk carrier Daiichi Chuo Kisen Kaisha said on Tuesday it had filed for protection from creditors - the second shipper to do so this month - with analysts predicting more failures if
Scorpio Bulkers Inc. announces purchase of 1,436,352 common shares by Scorpio Services Holding Limited Dry bulk commodities shipper Scorpio Bulkers Inc. announced today that Scorpio Services Holding Limited has purchased an aggregate of 1,436
Weapons discovered by Kenyan authorities aboard a Norwegian ship were part of a legitimate cargo for United Nations peacekeepers and the vessel should not have been inspected without a U.N. presence, a U.N. spokesman said on Thursday.
WCI and the Illinois Corn Marketing Board have undertaken a campaign with Google and YouTube to raise public awareness about the critical importance of inland waterways transportation to production agriculture. The goal of the campaign is to have more than one million people view
Dry bulk shipper Star Bulk Carriers Corp. announced the sale of a 58,722 dwt Supramax vessel, M/V Maiden Voyage, built in 2012 (tbr Astakos). Star Bulk said the vessel was delivered to its buyers, an unaffiliated third party, on September 15, 2015.
The International Maritime Organization (IMO) announced it has taken action to warn ship masters of the possible dangers of liquefaction associated with carriage of bauxite, following consideration of findings from the investigation into the loss of the 10-year-old Bahamas flag bulk carrier