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
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.
P&O Ports has signed an agreement to acquire two businesses from BCR Marine in Canada for CDN$105 million. The assets concerned are the CASCO container terminal (Centerm) in Vancouver and Canadian Stevedoring, which offers cargo handling services in ports throughout British Columbia. It is P&O Ports' first venture into the Canadian market and its first acquisition on the West Coast of North America. Completion of the transaction is anticipated in the first quarter of 2003.
Freight rates for transporting containers from ports in Asia to Northern Europe fell 8.1 percent to $713 per 20-foot container (TEU) in the week ended on Friday, the Shanghai Containerized Freight Index showed according to a source with access to the data.
Arbitrage opens after ANS discount widen on ample supplies. Unipec, the trading arm of top Asian refiner Sinopec, has bought two U.S. crude cargoes, including a rare purchase of Alaskan North Slope (ANS) for its refineries in China, trade sources said on Friday.
Two services will be merged into one until further notice / Reason is change in market demand / All other services remain unchanged. Members of the G6 Alliance today announced a change within their Asia - North America West Coast products in response to changes in market demand
British oil company BP Plc has chartered a foreign-flagged vessel to transport Alaskan crude, the company said on Monday, the latest sign that producers of Alaskan North Slope, or ANS, crude are eyeing new markets. ANS is mostly transported to the U.S. West Coast on U.S
Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell 17 percent to $776 per 20-foot container (TEU) in the week ended on Friday, the Shanghai Containerized Freight Index showed according to a source with access to the data.
Rising imports fueled higher container traffic at the Port of Long Beach in June, leading to a 3.4 percent overall volume increase over the same month last year, the port reported. The Port of Long Beach handled 603,339 TEUs (twenty-foot-equivalent units) during the month
Global Maritime Consultancy & Engineering has signed a contract with leading offshore wind developer Deepwater Wind to provide marine warranty services for the Block Island Wind Farm, America’s first offshore wind farm. Services that will be provided include a technical review
1798 - President John Adams signs an act that reestablishes the Marine Corps under the Constitution. The following day, Maj. William W. Burrows is appointed Commandant of the Marine Corps. 1918 - Henry Ford launches the first of the 100 intended Eagle boats
The prospect of the United Kingdom leaving the European Union – nicknamed ‘Brexit’ – has raised a number of questions regarding the status, now and in the future, of sulphur regulations in the UK. In response to some of the questions raised
The newly inaugurated Panama Canal may not be as beneficial as it seems for container ship carriers, says Xeneta, a benchmarking and market intelligence platform for containerized ocean freight. Although the new sets of locks and deeper
Container freight rates are forecast to rise modestly over the next 18 months from the all-time lows reached recently, but this will not be sufficient to rescue the industry from substantial losses in 2016, according to the latest Container Forecaster report published by global shipping
Alaskan North Slope (ANS) crude will be shipped to Nicaragua for the first time in July, two trade sources said on Friday, underscoring a shift in oil flows to and from the U.S. West Coast. A parcel of the medium grade crude is on its way to the Pacific Area Lightering (PAL) near southern
Rolls-Royce has won an order for US255 FP z-drives from San Francisco’s Vessel Chartering LLC, a wholly owned division of Baydelta Navigation. The thrusters will provide the propulsion for a new high performance tractor tug designed by Jensen Maritime, Crowley Maritime Corp
Lerwick Harbour’s record-breaking cruise season will hit the first of several milestones this season on Thursday (30 June) with the arrival of Azura, the largest cruise ship yet to enter the Shetland port. The P&O Cruises vessel will arrive from Akureyri, in north Iceland
1776 - Army Col. William Moultries' troops defend Sullivans Island and Charleston, S.C. from an attack by British Commodore Sir Peter Parker and his fleet during the American Revolution. After a nine-hour battle with casualties mounting, Parker retreats