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.
The proposed OCEAN Alliance between several of the world’s largest container shippers has received approval from the U.S. Federal Maritime Commission (FMC), allowing it to become effective Monday, October 24, 2016. The OCEAN Alliance, comprising COSCO Shipping, CMA CGM
The bankrupting container operator Hanjin Shipping Co. is shedding half of its ground workforce and may ax equally that many of the crew on deck as the bankruptcy court is out to sell most of ground and sea assets, according to the Pulse.
In order to offer shippers a more comprehensive service on Asia-Australia trade, Evergreen Line, OOCL, MOL, "K" Line and YML are teaming up to offer a new joint North East Asia - Australia Express (NEAX). This weekly service will utilize six ships of between 3,500 and 3
Strong container traffic, newly introduced segments and the Expanded Canal all contribute to the 330.7 million tons of goods welcomed through the Canal in FY16, the third highest amount ever recorded. Panama City, Panama, October 20
CMA CGM informed its customers that the collection of Terminal Handling Charges (THC), which was introduced in Ghana on July 20th, 2016, has been temporarily suspended, effective October 4th, 2016. CMA CGM will communicate on the resumption in due course.
Service introduced in wake of Hanjin announcement and continues from Yantian. MSC’s Maple service is to resume on Friday 28th October, sailing from Yantian and including Vancouver in its full rotation. The service was first introduced in September on the Transpacific
Hyundai Merchant Marine is considering bidding for its bigger local rival Hanjin Shipping Co.'s Asia-U.S. route, reports Yonhap. Hyundai Merchant, currently under a creditor-led debt restructuring scheme, is planning to submit a preliminary bid for Hanjin Shipping's route
National Shipping Company of Saudi Arabia (Bahri), the exclusive oil-shipper for Saudi Aramco, reported a 37.6 percent drop in third-quarter net profit on Monday. The company's net profit for the three months to Sept. 30 was 318.4 million riyals ($84.92 million), down from 510
Already the busiest port of entry in America for international air freight, Miami International Airport will soon be able to receive perishable freight imports by sea as well – a first for any Florida airport – through a permit approved in September by the U.S
CSL Group head Rod Jones will retire effective March 31, 2017, after a career with the Canadian dry bulk shipper that spans over 30 years, including nine years as president and chief executive officer. Louis Martel, currently CSL International president and CSL Group executive vice-president
The South Korean court overseeing Hanjin Shipping’s receivership process plans to put the collapsed shipper’s Asia-U.S. operations up for sale as early as Friday, says a report in Fortune. The company said that it is selling major businesses, including its Asia-U.S
As Western firms wait to for Arctic shipping to show its worth, Asian countries are already betting on the emergence of an Arctic economic rim, reports The Arctic Journal. For centuries, a harsh climate and ice-choked seas dashed the dreams of sailors attempting to cross the
Crowley Liner Services said it has been certified by U.S. Customs and Border Protection (CBP) as part of the new Marine Port Terminal Operator (MPTO) designation, known as the AQUA Lane program, which essentially gives the shipper a “fast lane” for cargo operations by allowing incoming
South Korean liner carrier Hanjin Shipping has announced job cuts in the U.S., but says the move is not connected to its failure and filing for bankruptcy protection, says a report in Bloomberg. Hanjin will lay off about 180 members of its 500 person workforce in the United States
The Commonwealth Enterprise and Investment Council (CWEIC) together with the Ship Owners Association of Nigeria (SOAN) have co-hosted an event on “The Future of the Maritime Industry in Nigeria” at Marlborough House in London on September 28.