APL Further Cuts CO2 Emissions
APL has announced a 50.7% reduction in carbon dioxide emissions per transported container per kilometer in 2017, compared to its base level in 2009. This achievement marks APL’s eighth consecutive year of improved environmental performance, as reported in the Business for Social Responsibility’s Clean Cargo Working Group (CCWG) Environmental Performance Assessment (EPA) of APL’s 2017 carbon dioxide emission data. The CCWG EPA data was verified by Lloyd’s Register Group according to the CCWG verification protocol and principles of ISO14064-3:2006 standard.
MAN to Deliver Propulsion for Pasha’s LNG Containerships
MAN Energy Solutions said it has won an order to provide the propulsion systems for two new liquefied natural gas (LNG) fueled containership newbuildings, which will join the fleet of Pasha Hawaii, the U.S. Jones Act carrier in the Hawaii trade lane.Each system will comprise a 7S80ME-GI Mk 9.5 main engine, three MAN 6L35/44DF GenSets and an MAN Alpha FPP propeller system. The 2,525-teu vessels will be constructed at the Keppel AmFELS yard in Brownsville, Texas to Keppel's proprietary design.Bjarne Foldager – Vice President…
Port of Long Beach Sees Cargo Dip
Container volumes at the Port of Long Beach were 1.9 percent lower in August compared to the same month the year before.A total of 679,543 twenty-foot equivalent units (TEUs) were moved through the Port. Imports declined 3.6 percent to 343,029 TEUs. Exports increased, inching up 1.9 percent to 119,546 TEUs. Empty containers sent overseas dipped 1.1 percent to 216,968 TEUs.August 2017 was one of the busiest months in the Port of Long Beach’s 107-year history. At the time, it was the third-busiest month ever…
Nolan Tapped to Take Over as TOTE CEO
Tim Nolan has been named the next president and CEO of U.S. domestic ocean carrier TOTE Inc., parent company Saltchuk announced today. TOTE is the parent company to TOTE Maritime and TOTE Services.Nolan, who is currently president of TOTE Maritime Puerto Rico, will succeed retiring president CEO Anthony Chiarello who will step down July 16 after eight years at the helm.Nolan has been with the TOTE family of companies since 2013. He will remain in Jacksonville, Fla., as TOTE’s…
Hamburg Süd “Top Ranked Carrier” For Third Time in a Row
Hamburg Süd has been a reliable and efficient partner of US shippers of agricultural and forestry products for many years. For its outstanding performance, it was recently honored as “Top Ranked Carrier” for the third year in a row by the Agriculture Transportation Coalition (AgTC), the largest association of exporters of agricultural and forestry products in the United States. The award ceremony was held in mid-June. “Hamburg Süd won’t become complacent just because of the success it has seen so far,” says Jürgen Pump, Senior Vice President of Hamburg Süd North America, Inc.
Hapag-Lloyd to Accelerate Digitalization as it Doubles 1H 2018 Loss
The the first half year 2018 net loss of Germany's Hapag-Lloyd is more than doubled to UER 100.9 million ($116 million) from EUR 42.7 million (USD 49 million) a year ago.The shipper attributed this loss to rising fuel costs and the slow recovery in freight rates diluted the synergies from the German ocean carrier’s merger with United Arab Shipping Company."The first half of 2018 was shaped by clearly increasing fuel costs, higher charter rates and a slower than expected recovery of freight rates.
Yang Ming Sinks into Red
Taiwanese ocean carrier Yang Ming Marine Transport Corporation (Yang Ming) registered a net loss of NTD3.81 billion (USD 129.1 million) for Q2.However, the Q2 consolidated revenues total NTD33.6 billion (USD1.14 billion) was up 1.12% from the same period in the previous year. The business volume of 1.29 million TEUs rose 11.84% year-on-year.In the meantime, for the first half of 2018, Yang Ming’s consolidated revenues totaled NTD64.6 billion (USD2.19 billion), up 1.81% compared with the same period in the previous year.
APH Pushes Container on Vessel Service for St. Louis Region
Innovative waterway concept vessel could deliver transportation savings for shippers on the Mississippi River. Plans to transport freight via innovative waterway vessels that backers say will revolutionize the inland waterway system and provide significant transportation cost savings for shippers, especially those accessing the Midwest by utilizing the Mississippi River and its tributaries, are underway, according to Sal Litrico, CEO for American Patriot Container Transport, a…
Hyundai Merchant Marine Joins NYSHEX
The New York Shipping Exchange (NYSHEX), the innovator of the first reliable digital forward freight contract for global container shipping, announced the addition of Hyundai Merchant Marine (HMM) as the newest carrier member to join the exchange.HMM joins a group of innovative carriers – Maersk Line, CMA CGM, Hapag Lloyd, OOCL, and COSCO – who have embraced the value of digital contracting and fully enforceable ocean freight contracts as a new offering for their customers. Model introduced by NYSHEX that is proven by a 99.8% fulfillment rate…
Maersk Taps ABS to Help Improve Cargo Safety
Ocean carrier Maersk Line has selected classification society ABS to help identify and evaluate potential hazards posed from dangerous cargoes stowage on containerships.In order to better understand key risks associated with cargo, ABS lead a workshop that assembled industry stakeholders to conduct a Hazard Identification (HAZID) study to identify hazards associated with dangerous goods stowage on a range of containership designs, many which are not fully addressed by the International Maritime Dangerous Goods (IMDG) Code.
CMA CGM Reports Better Result in Q2 2017
CMA CGM recorded a net income of $219 million on revenues of $5.55 billion for the second quarter of 2017, with volumes rising 33.3 percent year-over-year. Volumes carried grew with the integration of APL, the launch of OCEAN ALLIANCE and the industry dynamism, the company said. The French ocean carrier said its net income is $219 million for the second quarter of 2017, compared to a net loss of $129 million for last year’s second quarter. The increase in freight rates on most…
FMC's Doyle Weighs in on U.S. Merchant Marine, 2017 Hurricane Relief Efforts
Today's address by FMC commissioner William P.Doyle brought transparency to the massive U.S.-based efforts expended during this hurricane season at the 17th Annual Port Industry Day conference in Jersey City, NJ. Good Morning New York and New Jersey. It’s a great day here in Jersey City. I know that Secretary of Transportation Elaine Chao really wanted to attend the 17th Annual Port Industry Day conference today. Even with a long-standing commitment, she tried to make her schedule work. Secretary Chao is a good friend. Before I begin, I want to address this year’s hurricane season.
APL Pioneers 100 Years of Shipping in the Philippines
In celebration of its 100th anniversary in the Philippines, APL today renewed its commitment to keep pioneering shipping solutions for the development of the Philippines’ shipping industry. Part of APL’s plan is to identify local partnerships to extend its reach to more outports in the Philippines, facilitate trading by opening new service routes and keep engaging industry stakeholders for the development of the sector. APL Chief Executive Officer, Nicolas Sartini said, “APL has laid a firm foundation in the Philippines since we established our presence here in 1917.
APL Launches New Korea China Straits Service
APL announced the launch of a new Korea China Straits (KCS) service that will serve the key Asian markets of China, Korea, Singapore, Malaysia, Indonesia and the Philippines. The weekly service will link Nansha in South China to the Straits of Singapore and Port Klang as well as Indonesia; offer superior transit between Indonesia and Manila; and call Lianyungang in Jiangsu where few carriers provide access to. The KCS service will reinforce APL’s footprint in Intra-Asia where the carrier seeks to fortify its presence as a leading ocean carrier.
Maersk Names New North American President
Veteran Maersk Leader, Omar Shamsie, becomes President of Maersk Line in North America. Maersk Line, the world’s largest container shipping company, announces the appointment of Omar Shamsie as the new president of Maersk Line in North America effective December 1st, 2017. His most recent position was president of Maersk Line Latin America & the Caribbean and before that president of Maersk Line Canada. Mr. Shamsie’s rich background also includes director and vice president positions throughout the globe with Maersk.
ZIM Pilots Blockchain-based Bill-of-lading
ZIM said it has successfully completed a trial run of paperless bills-of-lading based on blockchain technology. The pilot, performed in cooperation with Sparx Logistics and Wave Ltd., marks a first of its kind project led by an ocean carrier. Trial participants issued, transferred and received original electronic documents using Wave’s free blockchain-based application, which uses distributed ledger technology to ensure all parties can issue, transfer, endorse and manage shipping and trade related documents through a secure decentralized network.
FMC's Doyle to Exit Commission in January, 2018
Today, the Office of Commissioner William P. Doyle of the U.S. “Last week, I notified The President of the United States Donald J. Trump of my intention to leave the Federal Maritime Commission effective January 3, 2017. It has been an honor and a privilege to continue serving in the Trump Administration. I thank President Barack Obama for nominating and appointing me twice as a Commissioner. “I am proud to have worked alongside my fellow Commissioners and with such a dedicated and hardworking Commission staff.
Ocean Network Express Completes Merger Approvals
South Africa’s competition watchdog becomes final signatory allowing Kawasaki Kisen Kaisha (K Line), Mitsui O.S.K. Lines (MOL ), Nippon Yusen Kabushiki Kaisha (NYK ) merger, so that Joint venture (JV) can start operations on April 1. "K Line, MOL and NYK have announced that their new joint venture company, Ocean Network Express Pte. Ltd., established in July 2017, has received all necessary merger approvals from local competition authorities in regions and countries where such approvals are required for the launch of service by the newly established joint venture company…
TOTE Places Hawaii Plans on Hold
U.S. ocean carrier TOTE said its plans to enter the domestic Hawaiian trade have been derailed by the scope and timing of infrastructure upgrades that would be required to accommodate the new service. TOTE had been earmarked access to Honolulu Piers 1 and 2 and exclusive use of the adjacent 45 acres starting in 2020, but the carrier has now put its plans on hold after a preliminary study of the site revealed that necessary infrastructure upgrades would prevent it from stating the service within the intended timeframe.
Hapag-Lloyd to Commence Middle East-Africa Service
Ocean carrier Hapag-Lloyd will commence a new weekly service between the Port of Jeddah and the east coast of Africa in April. With the East Africa Service (EAS), the liner shipping company will be calling at the ports of Mombasa (Kenya) and Dar es Salaam (Tanzania) for the first time. These will be connected to Hapag-Lloyd’s existing global network via the Saudi Arabian port of Jeddah, as the central hub of the region. Hapag-Lloyd will initially deploy four vessels, each with a capacity of 1,200 TEU, in the EAS.
Interview: William P. Doyle - CEO, Dredging Contractors of America
William P. Doyle is the new CEO & Executive Director of the Dredging Contractors of America (DCA). Twice a U.S. Senate confirmed Presidential appointee to the U.S. Federal Maritime Commission (FMC), Doyle has, over the course of a long and celebrated career, worn many prestigious hats. Prior to his FMC appointment, Mr. Doyle served on cabinet and executive level boards and committees under both the Obama and George W. Bush Administrations. Before that, he served as an officer in the U.S. Merchant Marine as a U.S. Coast Guard licensed marine engineer aboard numerous classes of vessels.
Chainalytics and Drewry Partner to Create Ocean Buying Group
Chainalytics, a global leader in supply chain consulting, and Drewry, the global shipping consultancy, have partnered to launch an innovative ocean freight procurement solution for shippers. The Chainalytics Ocean Buying Group, in partnership with Drewry, will provide participating Beneficial Cargo Owners (BCOs) with enhanced purchasing power, service monitoring and cost transparency. The new strategic partnership delivers a pioneering ocean freight procurement platform that will…
Chiquita Orders Maersk Reefers
Dedicated to creating more sustainable shipping practices, the world renowned banana producer is further bolstering its fleet or Star Cool Integrated containers and adding more controlled atmosphere systems to deliver premium banana quality. The new batch of 2500 Star Cool Integrated containers from Maersk Container Industry (MCI) will be deployed in Chiquita Brands International’s (Chiquita) shipping services. Of the batch, 1000 integrated containers are equipped with MCI’s market-leading Star Cool CA (Controlled Atmosphere) system…