Ocean Carrier News

11 Oct 2019

SHORTSEA SHIPPING: All the Right Moves (Finally)

The Baton Rouge-NOLA container on barge service / (CREDIT: Port of New Orleans)

Marine Highways Gain Traction in the Intermodal Supply Chain.In the United States, landside infrastructure is at a crisis point. Congestion at the big hub ports, exacerbated by imperfect intermodal interfaces with surface transport serving cargo hinterlands is at the heart of the matter. As politicians bicker over a possible infrastructure package, the Highway Trust Fund, funded by taxes on gasoline and diesel fuel, has continued its downward journey towards further deficits (now $144 billion). And, where countless U.S.

09 Sep 2019

TS Lines Adds Pan Asia Service Loop

Image: T.S. Lines

Taiwanese ocean carrier TS Lines (TSL)  has announced the launch of the Pan Asia 1(PA1) Service that provides weekly connectively between China and Southeast Asia.The PA1 service offers one of the most comprehensive Northern China market coverage comprising seven China main ports as well as Hong Kong, Singapore and Malaysia, said a press release.The PA1 service commenced sailing from Shanghai on 30th , August with the following port rotation: Shanghai -Dalian – Xingang – Qingdao…

05 Sep 2019

SSE, CargoSmart Launch Carrier Reliability Index

Image: CargoSmart

Chinese shipping index organization Shanghai Shipping Exchange (SSE) and  shipping management software provider CargoSmart have signed a memorandum of cooperation (MoC) to develop a new shipping index for ocean carrier schedule reliability.Both parties will work together to create a new methodology to calculate schedule reliability for key trade lanes to help shippers optimize their supply chains and for the industry as a whole to improve service quality.SSE has been playing a significant role in providing up-to-date and accurate shipping information for the global shipping market…

20 Jun 2019

AAPA Selects Christopher Connor as its New CEO

Chris Connor, AAPA's incoming CEO

Former ocean carrier executive is association’s unanimous choice.The American Association of Port Authorities (AAPA), the unified and recognized voice of seaports in the Americas, announced today that it has unanimously chosen Christopher J. Connor as the association’s next president and chief executive officer.Mr. Connor, the former Global CEO of Wallenius Wilhemsen Logistics (WWL) will begin transitioning into his new role on September 23, eventually succeeding Kurt Nagle, AAPA’s president and CEO since 1995.Mr.

19 Jun 2019

FMS Names Trond Prestroenning as CEO

Trond Prestroenning. Photo: ©Fr. Meyer’s Sohn

Fr. Meyer's Sohn (FMS), a global forwarding company for sea freight, announced that Trond Prestroenning will strengthen the management team as from September 1st, 2019.He will take on the position as ‘Regional CEO Americas’ and ‘President of Fr. Meyer’s Sohn North America, LLC’, said a press release.Tomas Jonson, previous ‘CEO of North America’ for Fr. Meyer’s Sohn, will be leaving the forwarder to pursue a new challenge in a different industry.Trond Prestroenning has been in freight forwarding for 25 years.

18 Jun 2019

CMA CGM Breaks Tampa Port Vessel Record

Port Tampa Bay welcomed its largest container ship ever, the CMA-CGM DALILA. Photo: Port Tampa Bay

Florida's largest port,  Port Tampa Bay has marking a major milestone and partnership with CMA CGM as Port customers, local officials, and business leaders gather to celebrate the inaugural call of the CMA CGM DALILA at The Ports America Terminal.CMA CGM Group, a world leader in shipping and logistics, begin their weekly direct ocean carrier service between Asia and Port Tampa Bay today. CMA CGM's excellent transit times will significantly improve the competitiveness of the region's importers and exporters…

02 Jun 2019

Maersk, DB Schenker to Fight Ocean Pollution

Pic: Maersk Line

Danish shipping  conglomerate A.P. Møller – Maersk A/S and German logistics company DB Schenker have partnered to establish a CO2 target to reduce CO2 emissions by 20% per container transported from 2014-2020 for DB Schenker’s business with Maersk.As a result of Maersk’s fuel efficiency efforts, the companies met this target in 2018, 2 years ahead of schedule, said a press release from the largest container ship and supply vessel operator.“We’re on the same page with our carriers…

15 May 2019

Russia: Sovcomflot Posts Strong Q1 Profit

Pic: PAO Sovcomflot

Russian maritime shipping company specializing in petroleum and LNG shipping, PAO Sovcomflot (SCF Group) has posted $70.1m in profit for the first quarter ended 31 March 2019.Sergey Frank, President and CEO of PAO Sovcomflot said: “Sovcomflot started 2019 with a strong Q1 performance, boosted by a return to profitability in our conventional crude and product tanker markets following an upswing in the first months of 2019. Profits from our crude fleet in particular increased 53…

15 May 2019

Cosco Eyes PIL Takeover

Image: Cosco Shipping Holdings Co.

After buying several container factories from its smaller competitor Singapore-based shipping company Pacific International Lines (PIL), China’s Cosco Shipping Holdings Co. is eyeing it as a potential takeover target.The Chinese state-run ocean carrier  had bought part of debt-ridden PIL’s container-manufacturing business, and executives at the Chinese carrier believe they could wrap up a deal for the entire business if family-owned PIL’s owners decide to sell, reported WSJ.Cosco…

18 Apr 2019

AWO Elects Foss Maritime's Merritt as Chair

Scott Merritt, former Chief Operating Officer for Foss Maritime Company, LLC, was elected Chairman of AWO.

The members of the American Waterways Operators, the national tugboat, towboat and barge industry association, elected a new slate of leaders earlier this month during the association's annual Spring Convention held in Washington, D.C. Scott Merritt, former Chief Operating Officer for Foss Maritime Company, LLC, was elected Chairman. Arthur F. Mead, Vice President and General Counsel at Crowley Maritime Corporation, was elected Vice Chairman. Mr. Merritt succeeds outgoing Chairman Tom Marian…

26 Mar 2019

The Ocean Cleanup: APL Signs On

(Photo: The Ocean Cleanup)

Ocean carrier APL announced Tuesday that it will provide free shipping to The Ocean Cleanup, a non-government, non-profit organization working to develop technologies to rid the world’s oceans of plastic.“We applaud The Ocean Cleanup’s course in cleaning up our oceans. In partnering with The Ocean Cleanup, APL seeks to step up our efforts in protecting marine biodiversity. APL is fully behind The Ocean Cleanup’s efforts to remove ocean debris that contributes to habitat destruction and kills tens of thousands of marine animals each year…

25 Mar 2019

Navis Rolls-out Smart Tech

 Pic: Navis

The terminal operating systems provider unveiled its new offering, ‘Navis Smart,’ providing new ways for container terminals and carriers alike to capture and process the abundance of available industry data to optimize planning, visibility and asset utilization.Navis, a part of Cargotec Corporation, and the provider of operational technologies and services that unlock greater performance and efficiency for the world’s leading organizations across the shipping supply chain, said that Navis Smart is a layer of technology that will enable and connect Navis solutions…

24 Mar 2019

Hapag-Lloyd Mulls Better Performance in 2019

Pic: Hapag-Lloyd

German ocean carrier Hapag-Lloyd expects solid growth in 2019, according to the annual report for 2018 in which the the international container shipping line reports improved earnings.Rolf Habben Jansen, Chief Executive Officer of Hapag-Lloyd said: "While our business is and will remain cyclical, market conditions have gradually improved for liner shipping companies over the last few years. Our course for the next few years is set and our objectives for 2019 are clear: Improve earnings…

26 Feb 2019

INSIGHTS:

U.S. hopper dredge companies visit Washington, DC for a CEOs/Owners Roundtable with General Semonite and staff at U.S. Army Corps of Engineers Headquarters. (L-R, Maj. Gen. Scott Spellmon, Richard Weeks (Owner, Weeks Marine), Frank Belesimo (EVP, Cashman Dredging), William P. Doyle (CEO, DCA), Harry Stewart (EVP, Dutra Group), Lasse Petterson (CEO, Great Lakes Dredge & Dock), Mark Sickles (Sr. Director, Weeks Marine), General Todd Semonite, Dan Hussin (VP, Manson Construction), Fred Paup (Chairm

William P. Doyle, CEO & Executive Director of the Dredging Contractors of America (DCA).William P. Doyle is the 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, successfully worn many 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.

27 Dec 2018

FMC Offices Closed due Partial Federal Shutdown

The Federal Maritime Commission is closed effective Wednesday, December 26, 2018 as part of the partial federal government shutdown due to a lapse in appropriations. The Commission will resume normal operations when appropriations legislation is enacted and the federal government reopens.With the exceptions of Acting Chairman Michael A. Khouri and Commissioner Rebecca Dye, who are Presidentially-appointed, Senate-confirmed officials, all Commission employees have been placed on furlough and are prohibited by law from performing any duties during the shutdown.

09 Sep 2018

Port of Long Beach Sees Cargo Dip

Photo: Port of Long Beach

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…

10 Aug 2018

Hapag-Lloyd to Accelerate Digitalization as it Doubles 1H 2018 Loss

Image: Hapag-Lloyd

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.

19 Oct 2018

CMA CGM Enters Sustainability Partnership with Panalpina

Image: Panalpina

French ocean carrier CMA CGM and Panalpina, the world’s fourth biggest ocean freight forwarder by transport volumes, have signed a sustainability agreement aimed at reducing their respective carbon emissions by 2025.As of 2020, newbuild LNG-powered mega-vessels with a capacity of 22,000 twenty-foot containers (TEUs) will help achieve the environmental goals.Aiming at responsible development in ocean freight, Panalpina and CMA CGM have signed a sustainability agreement for maritime…

14 Sep 2018

APH Pushes Container on Vessel Service for St. Louis Region

The concept Container on Barge vessel underway on left.

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…

30 Oct 2018

Matson Launches New U.S. Flag Marshall Islands Service

File Image: a recent Matson newbuild vessel (CREDIT Matson)

Matson has launched its new direct U.S. flag service between Honolulu and the Republic of the Marshall Islands ("RMI"), reducing cargo transit times to the RMI from the U.S. mainland by as many as eight days. The new service will call at three ports in the RMI - Kwajalein, Ebeye and Majuro every 17 days. Matson purchased a 700-TEU, U.S.-flagged containership to operate the new service. Christened Kamokuiki, or 'small island or vessel' in the Hawaiian language,  the vessel is well suited to serving island communities with two 45 ton cranes onboard…

30 Oct 2018

Hyundai Merchant Marine Mulls Fleet Capacity of 100 million TEUs by 2022

Photo: Hyundai Merchant Marine

The South Korean container carrier Hyundai Merchant Marine (HMM) has chalked out an ambitious blueprint for expansion.The ocean carrier's CEO C.K. Yoo presented HMM’s target of building up its capacity to 100 million TEUs and posting USD 10 billion in annual revenue by 2022, during an employees  gathering at HMM HQ in the Seoul office.HMM recently ordered twelve 23,000 TEU and eight 15,000 TEU eco-friendly mega vessels in preparation for the IMO’s sulfur regulations starting from 2022…

27 Jan 2019

Port NOLA Sets Container Record in 2018

 Pic: The Port of New Orleans

The Port of New Orleans (Port NOLA) moved more containers in 2018 than at any time in its history, totaling 591,253 twenty-foot equivalent units (TEUs), up 12.3 percent compared to one year ago.The deep-draft multipurpose port at the center of the world's busiest port system -- Louisiana's Lower Mississippi River said in a press release that the record marks the fifth year in a row Port NOLA has surpassed the half million TEU-mark at its Napoleon Avenue Container Terminal, which…

06 Feb 2019

ZIM Adopts Avantida Platform

Image: Avantida

E2open company Avantida, a digital logistics platform, has announced that it will partner with ocean carrier Zim Integrated Shipping Services (ZIM) to offer street turn services in the US.ZIM, the second shipping line to offer this service to US transporters, joins Maersk, who introduced the Avantida platform to the US and Canada last month, said a release from Avantida, the online platform that facilitates services offered by ocean lines to transport and logistic companies for digitally optimised container transport planning.Avantida’s platform facilitates empty container triangulation…

Maritime Reporter Magazine Cover Oct 2019 - Marine Design Annual

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

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