Port of LA Sets New Record with 2017 Container Throughput
The Port of Los Angeles moved more cargo in 2017 than in any time in the Port’s 110-year history, racking up 9,343,192 Twenty-Foot Equivalent Units (TEUs), a 5.5 percent increase over 2016’s record-breaking year. It’s the most cargo moved annually by a Western Hemisphere port. “We are powering Los Angeles’ economy to new heights every year, because we know that lasting prosperity means investing boldly in jobs, opportunity, and growth,” said Los Angeles Mayor Eric Garcetti. “The…
Cargotec Defines Sustainability Targets for 2018
Cargotec Corporation's Extended Executive Board has set the company sustainability targets for 2018. The targets support Cargotec's strategic must-win battles - services, digitalisation and people leadership - with which the company aims to become the global leader in intelligent cargo handling. Cargotec's focus in 2018 will be on increasing safety awareness, setting a new sustainability standard for the supply chain, increasing the usage of renewable electricity, and ensuring that human rights-related company practices and processes are at the correct level.
Seaspan CEO: Hanjin Fallout Is Like Lehman for Shipping
Seaspan Corp chairman and ceo Gerry Wang has described the bankruptcy of South Korea’s biggest container line Hanjin Shipping Co as the industry’s equivalent of the Lehman Brothers collapse that triggered the global financial crisis, reports Bloomberg. “The fallout of Hanjin Shipping is like Lehman Brothers to the financial markets,” Wang said. “It’s a huge, huge nuclear bomb. In an interview on Bloomberg TV Wang, who is founder of Seaspan, the Hong Kong-based container-ship leasing company that has three vessels chartered to the distressed line…
Log-Net Offers Directing Filing on 10+2
Log-Net, Inc., provider of web-based supply chain execution solutions announced that its web-based portal services allows importers, or their agents, to file the required importer data elements directly to U.S. Customs to comply with the "10+2" regulation. ON Nov. 26, CBP officially released its interim final rule on the Importer Security Filing, also known as the "10+2" rule. Beginning January 26, 2009, all importers will be required to provide CBP with additional data elements 24 hours prior to lading for all ocean shipments inbound to the United States. Log-Net announced the availability of its Importer Security Filing (ISF) Options several months ago, before "10+2" became a rule.
Awards for Best Supply Chain Performance – Entrants Invited
“The Alliance will profile shippers and their alliance partners who have successfully and dynamically collaborated to drive supply chain excellence,” said Sarah Harding, group publisher, World Trade 100. To evaluate the entries, a panel of judges will examine the role of each of the partners and the contributions their individual and collective efforts have made to solving a supply chain problem or driving change and continuous improvement in a supply chain. “Judges Perry A. Trunick, World Trade 100; John Rader, Red Rock Consulting; Mike Brown, Brainzooming; David Ross, Stifel Nicolaus; Michael Mikitka, Warehousing Education & Research Council; Kevin Huntsman, Mastio; and John Manners-Bell, Transport Intelligence will evaluate submissions in each category on metrics and results.
LA Port Executive Ruiz Named to Federal Panel
Advisory Committee on Supply Chain Competitiveness to Recommend Ways to Increase U.S. Exports; First Meeting is Friday. Port of Los Angeles Deputy Executive Director for External Affairs Cynthia Ruiz has been named to the Advisory Committee on Supply Chain Competitiveness by Acting U.S. Secretary of Commerce Rebecca Blank. The Committee, comprised of 40 senior-level representatives of multiple industries and supply chain experts, will advise the Secretary, the U.S. Department of Transportation and other U.S. agencies on issues that affect the international competitiveness of U.S. businesses.
Horizon Lines Win Environmental Stewardship Awards
US Company honored by Chamber of Shipping of America & Supply & Demand Chain Executive Magazine. Horizon Lines was recognized for outstanding achievement in environmental excellence by the CSA at a recent ceremony in Washington, D.C. Additionally, the company has been named one of the 2012 Green Supply Chain Award winners by Supply & Demand Chain Executive magazine in its December issue. CSA awarded eight Horizon Lines vessels with Environmental Achievement Awards, which recognize vessels that have operated without environmental incidents for at least two years.
US Leaders Work toward Supply Chain Innovation
The Federal Maritime Commission’s (FMC) Supply Chain Innovation Team Initiative, led by Commissioner Rebecca F. Dye, was launched today at FMC headquarters in Washington, D.C. Over the next two-days, industry leaders from 34 companies will be working in teams with the goal of developing process innovations to improve the reliability, resilience and competitiveness of America’s global supply chain. “The innovation team approach focuses on obstacles to the smooth flow of cargo in our $980 billion annual export and import containerized trade,” Dye said.
Maersk Line Wins Best Global Shipping Line
Maersk Line was named Best Global Shipping Line at the 21st Asian Freight and Supply Chain Awards (AFSCAs) ceremony held in Macau, April 26, 2007. In addition, Maersk Line was awarded 'Best Shipping Line Asia-Europe' and 'Best Shipping Line Transpacific'. Held once a year, the AFSCAs are widely recognised by the Asian logistics and shipping industry. Presented by the publication Cargonews Asia, the awardees are selected by readers, who vote for their favourite companies in the different categories.
Chemoil Sparks New Age for Independents in 2008
Dynamics within the global marine fuel industry are shifting rapidly according to Chemoil Energy Ltd. With a growing physical presence in the world's four key oil ports, following the launch of its Helios Terminal, Chemoil is confident that its ability to effectively manage its customers complete delivery supply chain on a global basis can lead a new age for independent marine fuel suppliers and present a serious challenge to the industry status quo. In January 2008, the company will begin operations at its 448,000 cubic meter Helios terminal in Singapore, and is also planning to start delivering fuel from the GPS-Chemoil terminal in the UAE port of Fujairah shortly afterwards.
MarAd to Present Shipper Award
MarAd Administration will present the Shipper Award to the Fluor Corporation of Aliso Viejo, Calif, for their continuing support of the United States Merchant Marine. Acting Deputy Maritime Administrator Julie Nelson will present the award in a ceremony hosted by the Propeller Club of the United States at the Washington Navy Yard. Fluor has moved more than 32,000 metric tons of Iraq reconstruction cargoes and maintained a continuous supply chain through Iraqi ports.
Shantanu Bhadkamkar Takes Over As Chairman Of IFCBA
Shantanu Bhadkamkar, Immediate Past Chairman of Federation of Freight Forwarders Associations In India (FFFAI) was unanimously elected as Chairman of International Federation of Customs Brokers Association (IFCBA) at the Board of Directors Meeting of IFCBA held in Seoul, Korea recently. Bhadkamkar is the Managing Director (Group CEO) of ATC Group,a leading Customs Broker & International Freight Forwarder in India. Apart from being Chairman of IFCBA and Immediate Past Chairman of FFFAI, he is the Sr.
US Built Refrigerated Liquefied Gas Carrier Launched
U.S. shipbuilder Vigor has launched The Harvest, the first complex liquefied ammonia transport barge built in the U.S. for Jones Act trade since 1982. The vessel was constructed to support the operations of The Mosaic Company, an integrated producer and marketer of concentrated phosphate and potash. The Harvest will be operated by a subsidiary of Savage Companies as part of an articulated tug and barge (ATB) unit. “This is a significant project for both the maritime industry and our community,” said Vigor CEO, Frank Foti.
BAE Systems to Begin Building Next UK Warships in 2017
BAE Systems said it will cut first steel for the U.K. Royal Navy’s Type 26 Global Combat Ships in Glasgow in summer 2017, subject to final contract negotiations with the U.K. Ministry of Defense (MOD). “Backed by Britain’s rising defense budget, the Type 26 Program will deliver a new generation of cutting-edge warships for our Royal Navy at best value for taxpayers,” said Defense Secretary Michael Fallon during a visit to BAE Systems’ shipyard in Glasgow. “The U.K. Ian King, Chief Executive…
BAE Systems Begins Building UK’s Next Warship
BAE Systems said it has begun to build the first of the U.K. Royal Navy’s new Type 26 Global Combat Ships. Sir Michael Fallon MP, U.K. Secretary of State for Defense, visited the builder’s Glasgow shipyard to press the button to officially commence production on the new warship, and during his speech revealed the vessel’s name: Glasgow. This ceremonial event follows the U.K Government’s recent award of a contract worth approximately £3.7 billion for the first three ships to be built at BAE Systems’ sites in Glasgow.
Socgen Joins SEA\LNG
French multinational banking and financial services company Societe Generale (Socgen) has joined SEA\LNG, the industry coalition promoting the use of liquefied natural gas (LNG) as a marine fuel. The bank is the first financial institution to join SEA\LNG. Joining a growing band of industry leaders from across the LNG value chain, Societe Generale brings an essential financial perspective to the group which aims to accelerate the uptake of LNG as a marine fuel. Paul Taylor, Global Head of Shipping Finance…
Fincantieri to Adapt FREMM Frigate for US Navy
Shipbuilder Fincantieri Marine Group has announced further details on its plans to adapt its FREMM frigate, already in service for the Italian Navy since 2012, to design the U.S. Navy’s new guided-missile frigate, FFG(X). Fincantieri said it will lead an industry team, including Gibbs & Cox and Trident Maritime Systems, to design and build the ships at its U.S. shipyards, including Fincantieri Marinette Marine (FMM) in Marinette, Wisc. The FFG(X) design is based on FREMM, a multi-mission ship capable of conducting antisurface…
USC, Ports Partner to Improve Supply Chain Technology
A strategic partnership with the USC Marshall Center for Global Supply Chain Management aimed at improving the global competitiveness of the nation’s supply chains was signed by U.S. Commerce Secretary Penny Pritzker on October 14 at the University Park campus. “Through this new partnership, we hope to encourage ports around the country to increase efficiency by adopting new technologies that will provide more information on the flow of goods to port users and stakeholders,” said Secretary Pritzker.
CEVA Opens European Center of Logistics Excellence
CEVA Logistics, a leading global supply chain management company, today announced the opening of its first Center of Logistics Excellence in Europe. Situated in Ashby de la Zouch, United Kingdom, the opening marks CEVA’s third Center following the launch of Centers in Jacksonville and Singapore. The Centers demonstrate ‘real world’ logistics innovation through supply chain optimization and enhanced visibility, integrated services and technology solutions to power supply chain efficiency.
US Retailers Urge Speedy W. Coast Labor Contract Negotiations
The National Retail Federation (NRF) informs it has urged maritime management and the union representing dockworkers along the U.S. West Coast ports to expedite pending contract negotiations and reach agreement on a new deal well in advance of the expiration of the current contract this summer. NRF believes expedited negotiations would strengthen the supply chain and provide shippers and retailers the certainty they need to utilize the West Coast ports during the holiday shipping period, which begins in July.
Industry Leaders Drive Unconventional Gas Debate
Global stakeholders in the unconventional arena will meet to identify and overcome the barriers to all types of unconventional gas developments at the third Unconventional Gas Aberdeen conference and exhibition March 25-26, 2014. Dan Byles, MP and leader of the All-Party Parliamentary Group for Unconventional Oil and Gas (APPG UG), will address hundreds of delegates at the two day event at Aberdeen Exhibition and Conference Center. He is joined by other distinguished speakers including Duarte Figueira, head of the new Office of Unconventional Gas and Oil at DECC and Ken Cronin, CEO of U.K.
Op/Ed: Supply Chain Hindered by Cumbersome Regulation
The Federal Maritime Commission (FMC), which has always been a valuable resource in supply chain management, announced the formation of a Supply Chain Innovations Teams that will develop commercial solutions to supply chain challenges and related port congestion concerns, which have been an issue in the industry for quite some time. Although I believe that the FMC has made a great impact on the logistics industry, especially supply chain management, I am not sure that this sort of regulation is necessary.
Washington Gov. Gregoire to Lead Contingent of Top-Tier Presenters at AAPA’s 100th Annual Convention
Sept. 11-15 conference to also spotlight Port of Seattle’s centennial anniversary. Against the backdrop of one of the USA’s busiest and most picturesque working waterfronts, the American Association of Port Authorities (AAPA) -representing seaports throughout the Western Hemisphere - will hold its 100th Annual Convention, Sept. 11-15, in Seattle. “We’re thrilled to be holding our 100th Annual Convention and Expo in Seattle, which last hosted it 22 years ago and, prior to that, during the Port of Seattle’s 10th anniversary in 1921,” said Kurt Nagle, AAPA’s president and CEO. “Throughout the week-long business program, attendees will hear from top government…