Transport Container
Japan Orders $1.8B in LNG Tankers
According to a Bloomberg report, Nippon Yusen K.K. and Mitsui O.S.K. Lines Ltd., Japan's two largest shipping lines, will join Qatar in ordering $1.8 billion of liquefied natural gas (LNG) tankers to carry the fuel to North America. The ships will be built in as yet-unnamed South Korean yards. Kawasaki Kisen Kaisha Ltd., Japan's third-biggest shipping company, Iino Kaiun Kaisha Ltd. and trading house Mitsui & Co. are also among the investors, according to the report. The Japanese group is buying more LNG tankers as trade in the fuel increases and shipping lines prepare for a forecast decline in rates to transport containers to the U.S. and Europe. Power plants and other companies are switching to cleaner- burning LNG, or gas chilled to liquid, after oil prices surged. Source: Bloomberg
New Berlin, Hamburg Water Transport Routes
On Monday, 03 August 2009, the first containers that were brought from Berlin to the Port of Hamburg via the new Elbe-Spree inland waterway were unloaded. The line operated by the Berlin Hafen- und Lagerhaus AG in cooperation with Konrad Zippel Spediteur GmbH from Hamburg will now be used for transports from City-GVZ Berlin Westhafen to the Hamburg container terminals and vice versa every week. The inland water vessel MS Shir Khan has a transport capacity of 54 TEUs (standard
Columbia Coastal Christens Super Barge
U.S.-flag container feeder barge operator, Columbia Coastal Transport added Columbia Elizabeth — one of the largest container barges ever built — to its fleet. The 912 TEU barge, which was christened in Portland, Ore., is ready to transport empties, full container and project cargoes moving between the U.S. west coast, gulf coast and eastern seaboard ports. Completing the 5,900-mile journey from the west coast to the eastern seaboard through the Panama Canal
UK Approves Proposed Container Terminal – Hull
The UK Department for Transport issued a News Release stating that Transport Minister Derek Twigg has approved the proposal for a container terminal at Hull. The proponent, Associated British Ports, has agreed an undertaking comprising a noise mitigation plan and other measures with Hull City Council. Source: HK Law
Demand Rising to Keep Stuff Cool on Ocean Voyages
Søren Skou, CEO of container shipping giant Maersk Line is keynote speaker at the 4th Cool Logistics Global conference, 24-26 September in Antwerp, Belgium. Mr. Skou will outline Maersk’s position on the critical actions now needed to sustain the future of global refrigerated transport. Over the past decade and more, expansion of refrigerated container ocean services has underpinned growing world trade in an ever-widening range of perishable commodities
Matson and J.B. Hunt Transport Services Partner
Matson Navigation Company (Matson), Matson Integrated Logistics (MIL), and J.B. Hunt Transport Services, Inc. are partnering in new guaranteed, expedited services from Ningbo and Shanghai to Long Beach and various U.S. inland destinations under a single invoice. With the new program, customers will have the option of benefiting from two new premium level service products. The first premium level service option will be offered by Matson and MIL and will guarantee the transit time and delivery
Columbia Group Announces Two New Companies
The ownership of Columbia Coastal Transport, a container barge operator on the U.S. East and Gulf coasts, announced the addition of two new companies to its Columbia Group of Companies. Palmer Industries, Inc., a logistics company in Port Newark, has been acquired and will be named Columbia Container Services at a grand opening ceremony to take place on July 1, 2003. Also added to the Columbia Group of companies is Columbia Intermodal, a full container trucking company based in Port Newark
FONASBA Supports Container Weight Verification Initiative
FONASBA, the international ship brokers and ship agents federation, this week gave its full backing to international government and industry efforts aimed at ensuring that shipping containers for export are accurately weighed. The initiative, which is being led by the World Shipping Council in concert with shipowners’ association BIMCO, the International Association of Ports and Harbours, the International Chamber of Shipping and the International Transport Workers Federation
Five Shipping Lines Agree to Form Alliance
Through its U.S. General Agent, Solar International Shipping, Yang Ming Line announced that five major Asian steamship lines have agreed to form one of the largest cooperative international sea container transport efforts among steamship lines. The new alliance for a cooperative worldwide network will consist of: COSCO Container Lines Ltd., Kawasaki Kisen Kaisha, Ltd. (K-Line), Yang Ming Marine Transport, Hanjin Shipping Co., Ltd., and Senator Lines GmbH.
Sea Containers Announces Sale of Folkestone Port
Sea Containers Ltd., marine container lessor, passenger and freight transport operator and leisure industry investor, today announced that it had sold its subsidiary Folkestone Properties Ltd, owners of Folkestone Harbour on the south east coast of the United Kingdom. Contracts were signed for the port sale on July 2, 2004 and the purchase, by businessman Mr Roger De Haan who is well known as chairman of the Folkestone-based Saga Group, was completed on August 24, 2004
Container Ship Trading Dips 20%
The ratio of container TEU capacity on-order compared to the trading fleet dropped below 20% in June, reports Braemar Seascope. The broker advises that, as the container industry is expected to take delivery of record volumes of TEU capacity this year
China Container Terminal Cargo Volumes Surge
Chongqing Container Terminal in Southwest China reports container volume up 29.7% to 166,000 teu in Q1 2013. Import and export container volume climbed 29.7 per cent to 166,000 TEU. Laden boxes amounted to 124,000 TEU, an increase of 33.3 per cent. Intermodal
Long Beach Container Volume Up in May
Container cargo rose by more than 17 percent in May 2013 at the Port of Long Beach, with some of the highest volumes in nearly 3 years. A total of 583,588 TEUs (or twenty-foot equivalent container units) were moved in May, up 17.2 percent from the same month last year. Imports increased 22
Yet More Consolidation Proposed in Russia
The prospect of Russia’s two largest container terminal operators joining forces has raised concerns over the dominant position that the combined enterprise would enjoy were the deal to be agreed. Global Ports Investments (GPI), one of the two largest players in the Russian container port
Maersk Helps in UN Food Saving Initiative
Maersk Container Industry has joined the United Nations' SAVE FOOD Initiative to help make international food logistics more efficient. "Food should not be wasted, but too often it is, and we believe our technologies can help improve the food logistics chain," says Peter K
Northrop Grumman Upgrades Arklow Shipping ECDIS Systems
Northrop Grumman Corporation has been selected by Arklow Shipping to upgrade 12 container vessels with VisionMaster FT Electronic Chart Display & Information Systems (ECDIS). Northrop Grumman's Sperry Marine business unit will install all of the systems by the end of 2014
Port of LA Container Volumes Down in May 2013
The Port of Los Angeles has released its May 2013 cargo volumes. May overall volumes decreased 12.9 percent compared to May 2012. The decrease was due in part to a vessel service that shifted out of the Port of Los Angeles. Imports dropped 12 percent, from 370
Big Time Container Ship Re-deployment Plan Goes Awry
Ocean carriers’ plans to get rid of surplus 8,000 teu vessels by dumping them into the Asia – East Coast of S. America tradelane appears to have seriously backfired. The recent launching of MSC’s new Ipanema service in the middle of April
Orbita Enters Quay Crane OCR Market
Process control and artificial vision technology specialist Orbita Ingenieria launched a new optical character recognition (OCR) system to automate freight container identification and damage inspection during vessel loading and unloading at port terminals.
Maersk Joins the UN Save Food Initiative
Maersk Container Industry has joined the United Nations' Save Food Initiative to help make international food logistics more efficient and reduce global food waste. "Food should not be wasted, but too often it is, and we believe our technologies can help improve the food logistics chain
China Merchants Holdings Complete Terminal Link Deal
China Merchants Holdings (International) announce completed acquisition of a 49% stake in container port operators Terminal Link from CMA CGM. Farid Salem, CMA CGM's Executive Officer, said: "CMA CGM is very pleased to enter a new strategic partnership with CMHI which will allow us to
Maersk Hikes Rates on Two Trade Routes
Maersk Line has announced it will implement container General Rate Increases on its Transatlantic & Asia/US routes as follows: With effect from July 1, 2013, the Transatlantic trade between North Europe and North America will be increased by US$200 per dry container.
CMHI and CMA CGM Complete Terminal Link Transaction
China Merchants Holdings (International) Company Limited (CMHI) and CMA CGM are pleased to announce the completion on June 11, 2013 of the sale and purchase of the 49% equity stake in Terminal Link, upon the obtaining of all consents and approvals in various jurisdictions and the completion of
BBC Arizona Prepared for Decontamination
Response personnel conduct inspections prior to Port Valdez, Alaska, stevedores shifting cargo to facilitate decontamination of the BBC Arizona's deck, June 7-8, 2013. Multiple containers stored on deck, each holding a plastic bladder filled with transformer oil
Port of LA: Huge Capital Investment Program Approved
The Harbor Commissioner's Fiscal 2013-14 Budget Includes $399.9-million capital expenditure to improve cargo flow and dfficiency. The Los Angeles Harbor Commission has adopted a 2013-14 fiscal year (FY) budget of approximately $1.1 billion for the Port of Los Angeles