Beijing’s new tariffs on $75bn of goods imported from the US will increase tensions Related StoriesThe Lloyd's List Podcast: Iranian sanctions prove complicated for shipping...againFrom the News Desk: Britain on alert as a WTO-terms Brexit loomsCMA CGM makes green pledge over northern sea route
This week: The United Kingdom government warns the shipping industry and those around it that they must be ready in... Related StoriesChina escalates trade dispute with new tariffs on US goodsThe Lloyd's List Podcast: Iranian sanctions prove complicated for shipping...againCMA CGM makes green pledge over northern sea route
Container giant will not follow in competitors’ steps on environmental concerns Related StoriesChina escalates trade dispute with new tariffs on US goodsThe Lloyd's List Podcast: Iranian sanctions prove complicated for shipping...againFrom the News Desk: Britain on alert as a WTO-terms Brexit looms
Singapore’s financial and support infrastructure for the bunkering industry is relatively more developed than its competitors’ but subtle shifts in... Related StoriesYard Talk | Life is unpredictableMaritime cities must learn the advantages of cluster thinkingGulf is `too dangerous' for private armed guards on ships
After 40 years in the container shipping industry, including top management roles with carriers and a data provider, the recently... Related StoriesMaersk chief says trade war threatens global growthLPG sector needs newbuild restraint, Epic Gas boss warnsThe Interview: Caroline Yang
DP World also said its recent acquisitions are performing in line with expectations, with Unifeeder continuing to benefit from structural... Related StoriesChina escalates trade dispute with new tariffs on US goodsThe Lloyd's List Podcast: Iranian sanctions prove complicated for shipping...againFrom the News Desk: Britain on alert as a WTO-terms Brexit looms
SITC said it would focus exclusively on the intra-Asia market as it believes that this market will continue to experience... Related StoriesChina escalates trade dispute with new tariffs on US goodsThe Lloyd's List Podcast: Iranian sanctions prove complicated for shipping...againFrom the News Desk: Britain on alert as a WTO-terms Brexit looms
At Prince Rupert, the port’s July 2019 containerised imports hit 66,277 teu, a whopping increase of 29.72% over the 51,091... Related StoriesChina escalates trade dispute with new tariffs on US goodsThe Lloyd's List Podcast: Iranian sanctions prove complicated for shipping...againFrom the News Desk: Britain on alert as a WTO-terms Brexit looms
‘These figures serve to evidence that ports are playing a vital role in facilitating the British economy’s Brexit preparations’ —... Related StoriesChina escalates trade dispute with new tariffs on US goodsThe Lloyd's List Podcast: Iranian sanctions prove complicated for shipping...againFrom the News Desk: Britain on alert as a WTO-terms Brexit looms
A limited amount of information sharing could greatly enhance safety and reduce fraud, argues Drewry, with most shippers likely to... Related StoriesChina escalates trade dispute with new tariffs on US goodsThe Lloyd's List Podcast: Iranian sanctions prove complicated for shipping...againFrom the News Desk: Britain on alert as a WTO-terms Brexit looms
"The City Council has considered the matter and directed staff to develop a report on the issue," said the port’s executive... Related StoriesChina escalates trade dispute with new tariffs on US goodsThe Lloyd's List Podcast: Iranian sanctions prove complicated for shipping...againFrom the News Desk: Britain on alert as a WTO-terms Brexit looms
Danish forwarder expects to benefit from scale and complementary forwarding capabilities, such as LCL and air charter networks Related StoriesMore owners may opt for methanol next yearDry bulk edges towards rebalanceUS west coast ports see steady throughput despite Trump's tariffs
There is also a big question mark on the blended fuels, says Teo Siong Seng Related StoriesChina escalates trade dispute with new tariffs on US goodsThe Lloyd's List Podcast: Iranian sanctions prove complicated for shipping...againFrom the News Desk: Britain on alert as a WTO-terms Brexit looms
Zim carried its second-highest volume in the second quarter of the year, at 731,000 teu, compared with a record 772,000... Related StoriesChina escalates trade dispute with new tariffs on US goodsThe Lloyd's List Podcast: Iranian sanctions prove complicated for shipping...againFrom the News Desk: Britain on alert as a WTO-terms Brexit looms
The deal, if successful, will be APSEZ’s third acquisition on the east coast of India following the purchase of Dhamra... Related StoriesChina escalates trade dispute with new tariffs on US goodsThe Lloyd's List Podcast: Iranian sanctions prove complicated for shipping...againFrom the News Desk: Britain on alert as a WTO-terms Brexit looms
The assets disposed of include Ouhua’s shipbuilding facilities on Xiaoqian Island in Zhoushan and eight vessels under construction Related StoriesChina escalates trade dispute with new tariffs on US goodsThe Lloyd's List Podcast: Iranian sanctions prove complicated for shipping...againFrom the News Desk: Britain on alert as a WTO-terms Brexit looms
President Trump’s tariffs have upset global markets and unnerved investors as the trade dispute between the world’s two largest economies... Related StoriesMore owners may opt for methanol next yearDSV expects boost from Panalpina’s freight expertiseDry bulk edges towards rebalance
Freight Transport Association deputy chief executive James Hookham says he is concerned that none of the planned scenarios leaked in... Related StoriesChina escalates trade dispute with new tariffs on US goodsThe Lloyd's List Podcast: Iranian sanctions prove complicated for shipping...againFrom the News Desk: Britain on alert as a WTO-terms Brexit looms
Chairman Ren Yuanlin’s possible return to the helm is hugely important for Yangzijiang, which is pinning its hopes on a... Related StoriesKeeping up with the neighbours as Singapore looks to IMO 2020Maritime cities must learn the advantages of cluster thinkingGulf is `too dangerous' for private armed guards on ships
DSV expects the process to take two to three years, with most of the operational integration being completed within two... Related StoriesChina escalates trade dispute with new tariffs on US goodsThe Lloyd's List Podcast: Iranian sanctions prove complicated for shipping...againFrom the News Desk: Britain on alert as a WTO-terms Brexit looms
[caption caption="Throughput at the top 20 Chinese ports grew 4.1 percent in the first seven months of the year, compared with a 4.9 percent expansion in the same period a year ago. Photo credit: Shutterstock.com"][/caption]The US-China trade war escalated further Friday, with President Donald Trump telling US companies to begin...
[caption caption="The Port of Virginia will shift more weekly services into Virginia International Gateway with the new rail yard (upper right) now complete. Photo credit: Virginia Port Authority."][/caption]The Port of Virginia hopes to provide faster transit times to cargo owners by routing more containers into a newly renovated intermodal yard.The...
[caption caption="A Mexican legislator has proposed reducing the legal weight of double tractor trailers to improve stability, a safety measure that also could limit available capacity. Photo: Shutterstock.com."][/caption]A proposal under consideration in Mexico’s legislature that would cut the permitted weight of double tractor-trailers by 12 percent to improve safety has...
[caption caption="WWO is the latest carrier to be charged in Australia’s ongoing probe into alleged cartel activity involving ro-ro deliveries between June 2011 and July 2012. Photo credit: Shutterstock.com."][/caption]Norwegian carrier Wallenius Wilhelmsen Ocean has become the latest shipping company to be charged in Australia with alleged cartel conduct involving roll-on,...
[caption caption="Startup tech-focused operators are luring venture capitalists not just into providing money but into joining their executive ranks to drive change in the freight industry. Photo credit: Shutterstock.com."][/caption]For a select group of venture capitalists, the lure of joining the logistics sector has proved stronger than merely investing in the...
[caption caption="Captain Allan Gray will from November head the Halifax Port Authority, steering a port that includes container, cruise, and breakbulk terminals, as well as other facilities. Photo credit: Shutterstock.com."][/caption]The general manager of operations for Australia’s Port of Fremantle will become the next CEO of the Halifax Port Authority as...
[caption caption="Small carriers are hurting this year due to falling spot market rates, but Coyote Logistics says the industry has hit bottom and business should improve to end 2019. Photo credit: Ari Ashe/JOC.com."][/caption]Truckload spot rates have been down more than 20 percent from a year ago for several months, but...
[caption caption="Port Newark Container Terminal is one of five terminals in the Port of New York and New Jersey that have raised demurrage fees as part of the annual fee revision. Photo credit: Hugh R. Morley."][/caption]Five of the Port of New York and New Jersey’s six terminals will raise their...
[caption caption="The US-China trade war, which shows no signs of letting up, is only one driver of the declining freight rates in the westbound Pacific. Photo credit: Shutterstock.com."][/caption]A 13 percent drop in the westbound trans-Pacific spot rate earlier this month in the face of punishing tariffs by China on US...
[caption caption="Volumes handled by China’s top ports, such as Shanghai (above), through July were up 4.1 percent from the same period last year, but that was a slower rate of growth compared with the first seven months of 2018. Photo credit: Shutterstock.com."][/caption]Container trade growth through the largest Chinese ports is...
[caption caption="India represents about 15 percent of DB Schenker’s global business, although the German company wants to boost that to 30 percent by 2025. Photo credit: Shutterstock.com."][/caption]Global forwarder DB Schenker is positioning itself on the forefront of logistics offerings in India as the country puts a heavier focus on supply...
[caption caption="The Wando Welch Terminal. The Army Corps of Engineers awarded a contract for the final phase to deepen the inner harbor to the Wando terminal to 52 feet. Photo credit: Ari Ashe/JOC.com."][/caption]Projects to deepen the inner harbors of the ports of Charleston and Savannah are moving forward after the...
[caption caption="Carriers continue to send mixed messages as they respond to the uncertainties over four rounds of tariffs on imports from China by the Trump administration this past year. Photo credit: Shutterstock.com."][/caption]New extra-loaders on the trans-Pacific will test the potential for a rebound for eastbound spot rates. Cosco Shipping and OOCL...
[caption caption="The volume of cargo handled by Zim in the second quarter of 2019 was lower than in the quarter a year ago, but its freight rates increased 9.5 percent. Photo credit: Shutterstock.com."][/caption]Zim Integrated Shipping Services swung to a $5.1 million profit in the second quarter, citing a deepening relationship...
[caption caption="Maersk said it has already doubled volumes on its destination cargo management solution, offering large and medium US retailers tracking of their shipments on the water, forecasting of discharge dates, and handling of pick-up orders to truckers in advance of the vessel arrival. Photo credit: Maersk."][/caption]Maersk’s second-quarter earnings reveal...
[caption caption="Private helicopter landing on Mafi trailers at WW Solutions’ Terminal in Brunswick, Georgia. Photo credit: Wallenius Wilhelmsen Ocean."][/caption]Roll-on/roll-off (ro-ro) cargo imports are on a roll. Volumes through the top US ports handling this cargo saw a decided bounce in the first five months of this year, according to an...
[caption caption="Three cranes, a 550 metric ton (mt) ship-to-shore crane, a 320 mt gantry crane, and a 125 mt ship loader are loaded aboard the BBC Amber at Yangzhong, China, for transport to Indonesia. Photo credit: BBC Chartering."][/caption]Ulrich Ulrichs has been named CEO of Leer, Germany-based BBC Chartering, taking over...
[caption caption="Shippers and other stakeholders say cargo could be moved into Mexico through the sea and land ports if the customs system were streamlined through a variety of measures. Photo credit: Shutterstock.com."][/caption]Mexico’s customs system, sagging under the strain of near double-digit cargo growth at the country’s ports, is in need...
[caption caption="A Werner Enterprises truck on Interstate 40 in Arizona. Some data shows the trucking industry is contracting while others have a stronger view of business conditions. Photo credit: Wikicommons."][/caption]Despite gloomy indicators from some quarters, a closely watched index shows trucking industry conditions might not be all that bad.The American...
[caption caption="The idea of equipping logistics service providers with machine learning tools to make their processes more efficient and their operations leaner is gaining momentum. Photo credit: Shutterstock.com."][/caption]The founder of widely used freight rate management software provider Catapult International has started a new venture that aims to equip logistics companies...
DP World’s profits attributable to the company owners soared by 27% to US$753m in the first half of 2019, bolstered by acquisitions and growth in non-containerised revenue. Conolidated throughput was up by 4.9% across the terminal portfolio to 19.5m teu although it was down by 1.7% on a like-for-like basis, highlighting the contribution of new […]
UK port operator Peel Ports Group has been officially accredited with the internationally recognised quality mark of Authorised Economic Operator (AEO) at all its principal ports, confirming its efficient and robust processes to customers worldwide. The Liverpool based port operator has achieved AEO status for the following ports: Clydeport Operations Limited, Port of Sheerness Limited, […]
Maersk has partnered with BlackBuck to provide an online market place for containerised trucking in export-import (EXIM) logistics in India. The Indian government is targeting a reduction in logistics costs from 14% of GDP to less than 9% by 2022. The new platform will be owned and operated by BlackBuck, which is India’s largest online […]
Konecranes Port Services to retrofit electrification to a Model 2 Konecranes Gottwald mobile harbour crane (MHC) at DP World’s Liége Container Terminal (DPW LCT) in Belgium with the aim to lower emissions and noise. Purchased in 2016, the crane is set to be moved from DPW LCT’s South Terminal to the North Terminal in September […]
Hamburg based ship manager CPO Containerschiffreederei (CCPO) has become the first company to utilise ABB’s Ability Tekomar XPERT on a fleet of 55 vessels. The latest Tekomar XPERT for fleet web application incorporates all standard features found in the original, released in 2015, with additional fleet functionality specifically developed to support management decisions. It features […]
Kalmar is set to upgrade four ZPMC ship-to-shore (STS) cranes for Eurogate Tanger in Morocco to enable the facility to serve mega-sized container vessels. The Swedish manufacturer will be responsible for the planning, engineering and execution of the entire project, which involves heightening the four STS cranes by 11 m and extending the booms by […]
The International Transport Forum (ITF) has joined the Services Industrial Professional and Technical Union (SIPTU) in a call for better protection for all workers in Ireland’s ports following the death of a worker at Dublin Port. The death of 50-year-old truck driver Nicholas ‘Nick’ Collier marks the seventh death of a worker in an Irish […]
Suez Canal Container Terminal (SCCT) plans to open its reefer container inspection and repair hub to all brands, while also launching a dry container inspection and repair hub in October 2019. Until just over a year ago, the terminal faced unnecessary costs for moving and repositioning reefer containers with damaged panels or defects that hadn’t […]
The world’s largest container ship, the MSC Gülsün, has completed its landmark maiden voyage from the north of China and has arrived in Europe, MSC announced. Built by Samsung Heavy Industries (SHI) at its Geoje shipyard in South Korea, MSC Gülsün is the first of a new class of 23,000+ teu vessels to be added […]
Lase has launched the Lase Unremoved Cone Detection (UCD) system, which detects whether twistlocks are still connected to the container while being from terminal chassis by yard cranes. Following a successful trial, PNC Busan Port has ordered 69 units of the system, which also detects open doors of containers. The laser specialist highly recommends the […]
Maersk delivered solid progress in the second quarter 2019 with underlying profit increasing from US$15m to US$134m on the back of increases in volume and freight rates. Total revenue increased slightly to US$9.6bn on par with last year while EBITDA rose by 17% to US$1.4bn. During the first half of 2019, the company formed on sales […]
Container volumes for the first half of 2019 rose 7.5% year-on-year at the Port of Hamburg, primarily boosted by new services to ports in the USA, Canada and Mexico. The USA has become the port’s second most important partner for container services due to the 283,000 teu handled in Hamburg with the country since the […]
The Port of Tanjung Pelepas (PTP) has broken its record for container vessel utilisation following the implementation of the Navis N4 terminal operating system (TOS). PTP handled the MSC Gulsun, the largest container ship in the world, last month, departing with 19,574 teu. The terminal, which is a joint venture between MMC Group and APM […]
PSA Thailand and SCG Logistics are investing in the development and operation of the Thai Prosperity Terminal and rebranding it Thai Connectivity Terminal (TCT) as part of an agreement which involves the setting up of a joint venture company called SCG-PSA Holdings. The company will serve as a springboard for potential joint exploration and investment […]
Yang Ming recorded a net loss of NTD1.95bn (US$63m) during the first half of 2019, citing weaker demand owing to the US-China trade war along with market overcapacity. The result actually means that the carrier has reduced its financial losses by 66% compared to last year, with consolidated revenues rising by 17% to NTD75.48bn (US$2.4bn). […]
International Container Terminal Services Inc. (ICTSI)’s revenue from port operations for the first half of 2019 has risen 14% year-on-year to US$751.8m as throughput exceeded the 5m teu mark. Volumes rose 7% from 4.7m teu in the first half of 2018 to 5.04m teu with the increase mainly attributed to continuing ramp-up at ICTSI’s operations […]
Yilport Puerto Bolívar has expanded its mobile harbour crane (MHC) fleet to four, with two new Gottwald MHCs scheduled to arrive at the Ecuador facility at the end of August 2019. The two cranes, scheduled to begin operations in November, offer a 58 m working radius, 100 tonnes safe working load, 60 m boom length […]
APM Terminals (APMT) Yucatan has announced a significant investment to expand and modernise the Progreso container terminal, featuring a 20% increase in yard capacity. It is hoped that the US$714,000 investment will help to support trade growth and economic development in the Yucatan peninsula. The expansion will also see the acquisition of two new reachstackers […]
Last month was recorded as South Carolina Ports Authority (SCPA)’s strongest July in Port history, with volumes up 5% year-on-year at its Wando Welch and North Charleston container terminals. The two facilities handled 210,542 teu within the month and, as measured by the total number of boxes handled, SCPA moved 119,700 pier containers in July […]
Konecranes has started to deliver a fleet of 29 diesel-electric Noell straddle carriers, all equipped with the Noell twin-lift spreader, to APM Terminals (APMT) Barcelona. The first batch of 16 machines were ready for acceptance in June 2019 and the second batch is expected to be ready in October 2019. Peter Kania, head of straddle […]
The owner of a British-flagged tanker detained in Iran has met the country’s foreign minister, Mohammad Ja... The post Stena Impero owner met Iran’s minister to urge release of UK-flagged ship appeared first on Container News.
The data for 2018 shows stable port freight tonnages overall, with only a 0.1% difference on the previous ye... The post UK major ports show stable performance in 2018 appeared first on Container News.
Hapag-Lloyd announces the latest service enhancement of its North Europe Mediterranean Express (EMX). As from week 43, the EMX will drop the Salerno call and as from week 44 Aliaga will be added to the rotation. The revised rotation of the EMX will cover following ports: Felixstowe – Hamburg – Antwerp – Piraeus – Istanbul – Izmit – […]
Danish shipping behemoth AP Møller–Mærsk (APMM) has an interesting take on what’s happened to world trade in the wake of Donald Trump’s face-off with China. Its half-year report outlines some not-bad financial performance compared to last year (read our coverage here and here) but a great deal about strategic insight at the world’s biggest container line, […]
MSC has revised the official capacity of its new ULCV, MSC Gulsun, by an additional 805 teu, to 23,765 teu, making it more than 2,000 teu larger than the biggest ships operated by its competitors. The Aponte family-owned liner said the new class of vessel had “been designed with a wide range of environmental, efficiency, stability […]
American Global Logistics (AGL) is pursuing growth opportunities in Latin America as the region’s perishables exports, its traditional staple, goes through the roof. And manufacturing is also on the rise – a development that the exodus of production from China will accelerate, according to AGL CEO and chairman Jon Slangerup (pictured). Interest in the region […]
I have spent the past 24 hours in Switzerland, talking about DSV Panalpina – and Kuehne + Nagel. Was it worth it? Yes and no. Big decisions were made already in Copenhagen, while Schindellegi is silent (and in defensive mode). Anyway, how is the DSV + Panalpina tie-up going to look in terms of leadership in […]
The Indonesian government appears to have made a complete u-turn on its announcement last month to allow its flag-state vessels to continue to consume fuel with a 3.5% sulphur content after the IMO’s 0.5% sulphur cap comes into force on 1 January. According to Reuters, Indonesia’s ministry of transportation has confirmed that IMO 2020 requirements […]
Israeli ocean carrier Zim returned to the black in the second quarter of the year, after reaping the benefits of an improving market and its operational cooperation with the 2M alliance. Total revenue in Q2 was $834m, up 3.9% on the same period of 2018, from liftings of 731,000 teu, 5.3% below the number of […]
Are we approaching another global recession? The signs certainly don’t look good. Freightwaves has, however, put together a useful report on how the “pending” economic slump would hit the shipping sector. And it ain’t good. The financial crisis that hit in 2008 crippled ship owners with the aftershocks continuing to jolt the industry in ways […]
My grandma used to tell me that “there is no excuse for stupidity” but often her blunt remarks, as she grew older and wiser tying to teach me how to behave, also echoed those of Thomas Henry Huxley, who once said that the man of science “has learned to believe in justification, not by faith, but by verification”. […]
Despite the escalating US/China trade war, the ten biggest US container ports posted a surprisingly robust 2.7% year-on-year import throughput growth in July, for a cumulative 1,865,645 teu. However, analyst John D McCown, of consultancy Blue Alpha Capital, still believes that the impact of tariffs on Chinese imports “will become dramatically more pronounced”. The better-than-expected […]
Splash 24/7 is reporting that the US has “warned” Greece, and other Mediterranean ports that assistance to Grace 1 (now known as Adrian Darya 1) will be seen as the provision of material support to Iran’s revolutionary guard. The US deems the IRG an foreign terrorist organisation and failed to block the UK’s decision to […]
NEW YORK — Walmart said Aug. 23 that it is working on a resolution with Tesla after the retail giant sued the electric car company’s energy division for installing rooftop solar panels that caught fire.
Critics of Alabama's plan to toll the future Interstate 10 Mobile River Bridge and Bayway project have repeatedly questioned the rationale for building a new 7.5-mile Bayway — a route largely consisting of bridges — between Mobile and Baldwin counties.
TAMPA — In three months this spring, Port Tampa Bay saw four members of its leadership team resign. Normal turnover, port officials say. But two of those departing employees hinted or said outright they felt not all was well.
President Donald Trump, seeking to tamp down political fallout in U.S. farm states essential to his re-election, has ordered federal agencies to shift course on relieving some oil refineries of requirements to use biofuel such as corn-based ethanol.
TC Energy Corp.’s long-delayed Keystone XL oil pipeline cleared a significant legal hurdle as the Nebraska Supreme Court ruled that regulators’ approval of the conduit’s route through the state was valid.
China announced plans to impose additional tariffs on $75 billion of American goods including soybeans, automobiles and oil — retaliation for President Donald Trump’s latest planned levies on Chinese imports that sent U.S. stock futures tumbling.
YOUNTVILLE, Calif. — Executives at Daimler Trucks North America cited an increase in customer take rates for active safety technology and provided updates on the manufacturer’s initiatives to enhance maintenance and customer service during a press event here Aug. 20.
Negotiations are well underway in Michigan government as legislative Republicans and Gov. Gretchen Whitmer look to reach a compromise on the state budget, an issue closely tied this year to finding more money for fixing the roads.