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
Starting July 1, 2016, the International Maritime Organization’s (IMO) Maritime Safety Committee approved amendments to The International Convention for the Safety of Life at Seas’ (SOLAS), will require that shippers verify gross container weight prior to shipping. But now, according to a report in the WSJ, IMO says ‘practical and pragmatic’ three-month grace period would calm exporter fears of widespread backups.
Ocean freight rates for cargo moving under contracts on the major East-West trade routes fell by another 18% between February and May, according to Drewry’s Benchmarking Club, a closed user group of multinational retailers and manufacturers who closely monitor their contract freight rates. The Drewry Benchmarking Club Contract Rate Index, based on average Transpacific and Asia-Europe contract freight rate data provided confidentially by shippers
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
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
Flexible, lower cost options enable shippers to print durable GHS labels on demand For domestic and international shippers, now is the time to satisfy GHS freight label compliance. The “Globally Harmonized System” (GHS) was established by the United Nations to create a unified system for identifying and communicating hazardous chemicals. In the U.S., OSHA set a June 2015 deadline for chemical manufacturers to use GHS compliant labels
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.
South Korea’s Hanjin Shipping is planning on submitting a self-rescue plan to creditors this week to stave off bankruptcy by Aug. 25, reports Korea Herald quoting local media. According to the shipper, the plan includes details on securing funds from its parent Hanjin Group
Crowley Maritime Corporation announced that it is launching a new weekly fixed-day container shipping service between Jacksonville and Costa Rica. The service’s two containerships will call at the Jacksonville Port Authority’s Talleyrand Terminal
Built at BAE Systems’ Jacksonville, Fla. shipyard, the new tug Sea Power has delivered the tug Sea Power to Seabulk Tankers, Inc. to be used to enhance the shipper’s Jones Act coastal operation, powering barges that transport chemical and petroleum products between U.S. ports.
The Northwest Seaport Alliance said it will reimburse up to $2 million to extend gate hours at its international container terminals during peak season. With a 3 to 5 percent increase in cargo volume forecasted during peak season, which will start in late August and continue through early
Before the Olympic flame was lit in the Maracanã stadium on Saturday, August 6, worldwide shipping group CMA CGM had transported thousands of containers of goods and equipment to Rio, having begun its shipments for the 2016 Olympic Games in December 2015.
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.
Shipping refrigerated goods? Maersk Line's Remote Container Management ensures the ideal environment for your shipment, claims the company. " We’re always looking for ways to improve cargo care on behalf of our customers
The International Group of P&I Clubs and the shipping line members of the Cargo Incident Notification System (CINS) have recently produced a new set of guidelines for the carriage of calcium hypochlorite in containers.
The downwards trend line in Asia-Europe spot freight rates has finally been reversed, as data from World Container Index Shanghai-Europe reveals. Whereas the first four months of 2016 saw 50% or larger reductions in freight rates and record-low spot rate levels
According to a latest report in Korea Times, South Korea's biggest container carrier Hanjin Shipping's efforts to settle the rescheduling deadlines for financing ships and reducing charter fees before the end of July has not yet be resolved.
Maersk Line will transform its TP12 service in to a standalone, around-the-world service that provides significantly faster transit times between Far East Asia and the US East Coast. From the Far East to the US East Coast the TP12 service will transit the new Panama Canal locks and
Will there be a layoffs after United Arab Shipping Co (UASC) merging with the German container shipper Hapag-Lloyd? Middle Eastern enterprise UASC expects most of the tie-up’s $400 million cost savings to come from operations rather than layoffs
APL announced today that its West Coast 5 (WC5) service will be serving the additional ports of Corinto, Acajutla and Puerto Quetzal in Central America, enhancing direct connectivity between the Port of Los Angeles and the Latin American markets.
Container-on-barge services have returned to the Port of Greater Baton Rouge to provide the petrochemical industry with another option to move its products. Operated by SEACOR AMH, the service transports empty containers by barge into the Port of Greater Baton Rouge and loads them at the
USA-Monaco based bulk carrier Scorpio Bulkers has reported a loss of $24.7 million in its second quarter of 2016, pushing the carrier's deficit up to $ 83 million. The New York-listed dry bulk ocean shipper posted revenue of $17.4 million in the period.