MarineLink News Search
Search term • Benjamin Franklin
Create an email alert for Benjamin Franklin
Container Freight Rates Could Plunge with End of Houthi Attacks
Houthi militia have reportedly ceased attacks on Israel and shipping in the Red Sea, and the impact could be seismic for global ocean container shipping, warns Chief Analyst Peter Sand at Xeneta. However, an immediate largescale return to the region will require a series of further assurances.“Details are sketchy, and you cannot base the safety of crews, ships and cargo on the word of Houthi militia.
Bulk Carrier Aground in Philadelphia
The U.S. Coast Guard is responding to the grounding of the 623-foot bulk carrier Algoma Verity approximately a mile north of the Benjamin Franklin Bridge in the Delaware River.At 6:30 p.m., Wednesday, Coast Guard Sector Delaware Bay watchstanders received a report from the pilot aboard the Algoma Verity stating the vessel had run aground. No injuries or pollution have been reported.The vessel was northbound with a cargo of approximately 45…
CMA CGM Belem Loses 99 Containers off South Africa
The containership CMA CGM Belem has arrived safely at anchorage in the Port of Ngqurha after losing nearly 100 containers in heavy seas off the coast of South Africa.The Maltese-flagged vessel suffered a significant stow collapse and a loss of 99 containers overboard while encountering severe weather off the coast of Richards Bay on the night of August 15, the South African Maritime Safety Authority…
Rush to Prevent Oil Spill from Grounded Ship off South African Coast
Salvage operations were in high-gear on Thursday to prevent a potential oil spill and pollution along South Africa's west coast from a grounded general cargo vessel, authorities said.The Panama-flagged "Ultra Galaxy" ran aground close to Doring Bay, some 300 km north of Cape Town, late on Tuesday after it started listing badly.
CMA CGM Vessel Drops 44 Containers in Heavy Seas
French shipping and logistics company CMA CGM said on Thursday that its ship "Benjamin Franklin" had lost 44 containers in difficult weather conditions off the coast of South Africa on Tuesday."No injury to the crew has been reported, no pollution, no strong damage to the vessel which remains fully seaworthy," the company said, adding that 33 additional containers had been damaged.The ship was traveling…
Moore Stephens: Ship Operating Costs to Rise in 2018, 2019
International accountant and shipping consultant Moore Stephens says total vessel operating costs in the shipping industry are expected to rise by 2.7% in 2018 and by 3.1% in 2019, according to our latest survey.Responses to the firm’s latest annual Future Operating Costs Survey revealed that drydocking is the cost category likely to increase most significantly in both 2018 and 2019, accompanied in the latter case by repairs and maintenance.
Managing the New Panamax Containerships
The explosive growth of international boxships is challenging not only the physical infrastructure of North American ports, but also the very nature of the existing supply chains that they impact. The recent dialogue on container shipping has been all about so-called “mega-ships;” those vessels that with larger capacity than those that are already in service at any point in time. In the container trades…
APM Terminals Pier 400 Los Angeles Sets New Single Vessel Record
APM Terminals Pier 400 Los Angeles has established a new single vessel cargo operations record during the call of the 13,600 TEU capacity Maersk Evora, with a combined total of 24…
CMA CGM Theodore Roosevelt to Inaugurate New Bayonne Bridge
On July 26, 2017, the new CMA CGM Theodore Roosevelt began its voyage by leaving Asia’s shipyards to begin its rotation on the South Atlantic Express Service (SAX) from Hong Kong to Shanghai.
Alexander Acosta visits APM Terminals
APM Terminals Pier 400 Los Angeles hosted U.S. Secretary of Labor R. Alexander Acosta today, as he toured the world’s largest proprietary container terminal, and…
Oakland Port to See Cranes Going Higher
Up to six 366-foot-tall cranes will soon be raised 27-feet higher at the Port of Oakland. The port said the $14 million-to-$21 million project will begin this spring at its largest marine terminal.
Obituary: Stewart B. Nelson
Stewart B. Nelson, Ph.D. - B. June 9, 1937 D. Dr. Stewart B. Nelson URI -MMA 1974, oceanographer, explorer, author, lecturer and marine historian passed away of…
Port of Long Beach CEO Resigns
Port of Long Beach CEO Jon Slangerup announced his resignation, effective October 28, 2016. Slangerup will step down as head of the nation’s second largest port to take a position as Chairman and CEO of an aviation technology company effective October 31, 2016. Soon after joining the port in June of 2014, Slangerup helped address the major congestion challenge that affected the San Pedro Bay port complex and the national goods movement network.
APM Terminals LA Makes Room for Mega Ships
The 10 STS Cranes will be the tallest in service at any American port; new LED lighting on the crane booms will increase visibility while significantly reducing energy consumption…
APMT Prepares for 20,000 teu Ships on Pacific
APM Terminals, the port terminal operator arm of Danish shipping conglomerate AP Moller-Maersk A/S, has signed an agreement to enlarge 10 STS cranes at its Pier…
CMA CGM’s Benjamin Franklin Ends US-Asia Route
French shipping line CMA CGM SA will no longer run the mega containership Benjamin Franklin between Asia and the U.S. West Coast, on account of weak market conditions, reports FT.
CMA CGM to Delay Mega-Ship Move
CMA CGM Group has decided to postpone its project to deploy 18,000 TEU-capacity vessels on Transpacific market trade. The much-anticipated launch of a weekly service…
Long Beach Port Breaks Another Record
The arrival of the biggest ship to visit North America catapulted the Port of Long Beach to its highest cargo volume for the month of February and extended cargo…
CMA CGM Volume Strong, Profit Dips
French carrier CMA CGM’s revenue and profit slipped last year despite a 6.3 percent volume increase, but the company said it’s counting on cost cuts and the pending…
CMA CGM Deploys Six Mega Ships between Asia and US
CMA CGM’s six 18,000 TEU vessels named after great explorers will be deployed on the trans-Pacific market and help to accelerate its growth, the container shipping company announced today. Beginning from the end of May 2016, the CMA CGM Group will deploy its flagship fleet of six 18,000 TEU vessels between Asia and the West coast of the U.S. on the Pearl River Express service. The six container vessels – CMA CGM Bougainville…
- 1
- 2
The Importance of an Effective Oil Analysis Program
