Maersk Line announced changes to its AC network with the launch of its AC1 service, connecting the West Coast of Latin America with Asia, beginning at the end of June. According to Maerks Line, the AC1 service, connecting the West Coast of Latin America to Asia, will provide greater port coverage and reduced transit times on select corridors. By reducing the size of vessels operating on the AC2 service, the shipping line will be able to introduce a third loop to the network. While overall capacity on the AC network will remain the same, the optimized network will deliver greater value for Maersk Line’s customers, the shipper said. “We are optimizing our Asia-West Coast Latin America network to provide our customers with faster access to their markets in order to fuel their business growth. These enhancements will benefit our customers with faster cargo deliveries and more direct port coverage,” explained Dean Rodin, Head of Trade for Latin America & Oceania, Maersk Line. The West Coast of Latin America to Asia route is paramount to the movement of fresh goods, such as fish and fruits, to Asia, as well as imports of everything from electronics, appliances, cars and toys to ceramic tiles, steel and glass to Latin America, Maersk Line said.
West Coast Port Dispute Reach Tenative Deal The longshoremen and West Coast shippers have reached a tentative pact that addresses issues relating to pension benefits and arbitration procedures, including technological advancements. The agreement will allow the introduction of technology that would improve the flow of cargo through the West Coast terminals. The entire agreement which was announced late Saturday must be approved by members of the ILWU
Maersk Line is launching a new ‘South Pacific Express’ service between Oceania and the West Coast of South America. "We are pleased to launch our new weekly ‘South Pacific Express’ service between Oceania and the West Coast of South America. Starting from July 2016, Australian and Kiwi exporters can enjoy all the benefits of a market exclusive gateway to a number of strategic ports in Chile, Peru, Colombia and Mexico
Mitsui O.S.K. Lines, Ltd. today announced that it has won a contract to transport vehicles manufactured at Toyota Argentina S.A. to ports on West Coast South America and West Coast Central America. Vehicles produced at Zarate plant to be exported to the majority of the Latin American Region and this is also an economically important project backed by the Argentine government. MOL is supporting the initiative by providing reliable, efficient ocean transport service.
Federal mediators announced last night that they will assist in West Coast port contract talks, following a joint request from the International Longshore and Warehouse Union and the private terminal operators, the Pacific Maritime Association. Jon Slangerup, Port of Long Beach Chief Executive, addressed the announcement by issuing the following statement: “We congratulate the ILWU and PMA for both agreeing to mediation
Mitsui O.S.K. Lines, Ltd. (MOL, President: Koichi Muto) , a Member of the G6 Alliance has announced plans to expand their cooperation to the Asia-North America West Coast and Trans-Atlantic trade lanes. The G6 Alliance said the expanded cooperation will provide customers with more service choices and increased sailing frequency. For example, on the Asia-North America West Coast trade, each G6 Alliance member will be able to offer almost twice as many sailings
GL Noble Denton Launches Marine Casualty Investigation Operations in Seattle. GL Noble Denton has expanded its Marine Casualty Investigation (MCI) practice in North America by launching operations in Seattle, a primary hub for marine insurance. The new base will allow the company's team of experienced surveyors to meet the growing demand for marine casualty investigations off the West Coast of the US and Canada
The gridlock at U.S. West Coast ports that has forced McDonald's to ration French fries at its Japanese restaurants and interrupted supplies to retailers such as Lululemon is unlikely to be alleviated by routing cargoes through Canada, whose Pacific ports face their own problems. Capacity is already limited at Canada's largest port, Port Metro Vancouver, which is also staring at the possibility of another crippling strike by container truck drivers.
The hull substructure for the world's most advanced drilling rig Aker H-6e has started on its 50 days journey from to Stord in . Weighing 16 000 tonnes, equalling 16 000 cars, this is one of the largest drilling rigs to be towed. The hull is constructed by Aker Solutions at Drydocks World's yard and will be towed to Aker Solutions' yard at Stord, situated on the west coast of . There it will be assembled with the topside facility and subject to further construction work
Evergreen announced changes to its Pacific Coast/ Far East services in order to improve transit times and benefit customer service requirements between Asia and U.S. and Canadian ports and inland points. This week, the U. S. West Coast/Japan, Korea Service (KJW service) which utilizes 1,810-TEU "L" type vessels will call at Los Angeles and Portland on both inbound and outbound legs but will discontinue calls at Vancouver and Tacoma.
The Shipping Ministry of India has mooted a proposal to utilize part of the fuel cess collected for building national highways for expansion of National Waterways as well. The Union Minister for Shipping, Road Transport & Highways
Ocean Shipping Consultants' 2016 container traffic report for the west coast of Canada forecasted that container demand through the Port of Vancouver and Port of Prince Rupert would be 6.62 million twenty-foot equivalent unit containers (TEUs) by 2030 (base case), with 5.93 million TEUs and 7
The Danish Maritime Authority confirms having received a report on the finding of a wreck off the west coast of Jutland. The report also states that there are unexploded mines and torpedoes on board. However, currently the Danish Maritime Authority cannot confirm that the wreck found is UC-30
The world’s third largest container shipping company initiated a new direct service from the Port of New Orleans to the west coast of South America this week. Marseille, France-based CMA CGM launched its Med Americas service with the arrival over the weekend of the container ship Pomerenia
The first Suezmax crude oil tanker that was slated to go through the newly expanded Panama Canal began its transit on Thursday, a public relations official told Reuters. The Aegean Unity, a Greece-flagged Suezmax vessel coming from the U.S
The Company: Kirby Corporation is a premier tank barge operator in the United States, transporting bulk liquid products throughout the Mississippi River System, on the Gulf Intracoastal Waterway, along all three U.S. Coasts, and in Alaska and Hawaii
Container spot freight rates from Asia to Northern Europe fell 10.5 percent to $771 per twenty-foot equivalent units (TEU) last week, data from the Shanghai Shipping Exchange showed. Specifics of the Intermodal news include: Freight rates from Asia to ports in the Mediterranean
British oil company BP Plc has loaded a cargo of Alaskan North Slope (ANS) crude for export, according to two trade sources and Reuters Trade Flows data, the latest indication that exports of Alaskan crude are becoming less rare. The crude loaded on the Cascade Spirit
Container spot freight rates from Asia to Northern Europe fell 23.5 percent to $861 per twenty-foot equivalent units (TEU), data from the Shanghai Shipping Exchange showed. Freight rates from Asia to ports in the Mediterranean fell 13.8 percent to $865 per TEU. Freight rates from Asia to the U.S
The first of a new class of “Neo-Panamax” shipping vessels called the Port of Philadelphia to begin a new phase of transport along the Delaware River. The MSC Sofia Celeste, an 8,800 TEU (Twenty-foot Equivalent Unit) vessel operated by the Mediterranean Shipping Company
A new report published by the U.S. Army Corps of Engineers in partnership with the Port of Seattle outlines a plan that would make the port one of the deepest harbors in North America. Within the Seattle Harbor Navigation Improvement Project Draft Feasibility Report and Environmental
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.
As the leader of customer-focused terminal operations in North America, GCT USA has welcomed the Hyundai Saturn to GCT Bayonne. The Saturn is the first of five Hyundai ships in the G6's New York Express (NYX) service calling the port of New York and New Jersey through the
The first liquefied natural gas vessel from the lower 48 U.S. states is on its way to China, according to a Reuters interactive map on Friday, the latest sign that the expanded Panama Canal is allowing U.S. exports to reach the world's top LNG buyers in Asia.
Freight rates for shipping containers from ports in Asia to Northern Europe jumped 58 percent to $1,125 per 20-foot container (TEU) in the week ending Friday, a person with access to data from the Shanghai Containerized Freight Index told Reuters.