Disclaimer

The articles excerpted on this site report on the state of the industry as seen by mainstream media, and do not necessarily reflect the opinion of the officers of the ILWU Coast Longshore Division.

Matson carves niche in trans-Pacific expedited market

From the Journal of Commerce:

According to PIERS, the data division of JOC Group Inc., Matson transported nearly 103,000 TEUs from China to the U.S. in 2013, just over a 1 percent share of the eastbound trans-Pacific market. Though operating with U.S. crews on relatively small U.S.-built ships means its costs are higher than foreign-flag [...]

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Market share, TEU capacity position Maersk, MSC as top global shipping lines

AP Moller Maersk, Mediterranean Shipping Company and CMA CGM Group have emerged as leaders in the global shipping business on the global ranking for shipping liners based on their market share as well as the twenty-foot equivalent units (TEUs) capacity of containers they handle.

According to alphaliner.com, APM-Maersk, which took the first position, handles about [...]

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PMA and ILWU Provide Update on Contract Talks

Click to download news release; text below

SAN FRANCISCO (July 18, 2014) – The International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA) today issued the following statement:

After several days of ongoing talks, both parties will break from negotiations next Monday and Tuesday in order for the ILWU to convene [...]

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TSA aims for rate hike

The Transpacific Stabilisation Agreement (TSA) group of container lines is trying for another big rise in rates from Asia to the US.

It said its 15 members should add at least $600 per 40-foot container (feu) from 1 August, lifting numbers over $4,000 per box.

Companies like Maersk Line, MSC, CMA CGM, Cosco and Hanjin [...]

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More Slow Boats to China Following P3 Flop: Analysis

With Maersk, MSC and CMA CGM now in damage limitation mode following their failure to get P3 agreed in China, what else can they do to cut costs? Drewry Maritime Research considers the question in their latest ‘Container Insight Weekly’ – excerpts as follows:

Following China’s rejection of P3 last month, Maersk, MSC and CMA [...]

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India’s Kattupalli Port, ICTSI part ways

L&T Kattupalli Port and its container terminal operator International Container Terminal Services India Pvt. Ltd. (ICTSI) of Manila have parted ways.

While ICTSI maintained silence on the issue, L&T Kattupalli Port has removed reference to the container operator from its website.

Significantly, the separation has taken place just a couple of days before the arrival [...]

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Maersk accused of forgoing ethical guidelines; 'Danish giant refuses to accept responsibility'

Ship breaking at Anang Beach, Mumbai, India

Excerpts from the Copenhagen Post:

The Danish shipping giant Maersk Line has been accused by a NGO of not living up to its own ethical guidelines when it comes to the scrapping of its ships.

Last year, three former Maersk ships were scrapped at Alang Beach near [...]

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FMC allows CKYH, Evergreen to discuss trans-Pacific, trans-Atlantic cooperation

U.S. Federal Maritime Commissioners yesterday unanimously voted to allow CKYH partners and Evergreen Line to discuss cooperating in the trans-Pacific and trans-Atlantic trades.

The discussion agreement allows the carriers to look at launching vessel-sharing agreements on the two major trade lanes while gauging the market and how other carrier alliances take shape. Cosco, “K” Line, [...]

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JOC: Some West Coast shippers stuck with no backup plans

From the Journal of Commerce:

It’s too late for some retailers depending on shipments through West Coast ports. If they have no contingency plans for a potential strike or slowdown tied to International Longshore and Warehouse Union negotiations, they sit with fingers crossed. …But even if planning and implementing diversions didn’t cost any extra time [...]

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Domestic factors key in China’s shipping rejection of P3 Network

From the Financial Times:

By holing AP Møller-Maersk’s plans for a grand European shipping alliance below the waterline, the Chinese government has sent a powerful message that it will not hesitate to block deals deemed detrimental to corporate and consumer interests in the world’s second-largest economy.

“If anyone was going to stop it, it [...]

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Massive Foss Maritime tugs soon will be bound for the Arctic

An Arctic-bound Foss vessel under construction. The hull is extra stout to withstand rough seas and ice.

The lower Columbia Region’s economic fortunes are becoming increasingly tied to the energy industry, and that’s especially true for one of the area’s oldest companies.

Foss Maritime, which is celebrating its 125th anniversary this year, has begun building [...]

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P3 Network scrapped as China rejects application

In a stunning move that shook the container shipping industry today, Maersk Line, CMA CGM and Mediterranean Shipping Co. scrapped their proposed P3 Network after China’s Ministry of Commerce rejected the vessel-sharing agreement.

“The decision does come as a surprise to us, of course, as the partners have worked hard to address all the regulators’ [...]

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Port of Los Angeles Executive Director Seroka Confirmed in Post

Gene Seroka

The Los Angeles City Council apprises that it has unanimously confirmed veteran shipping industry leader Gene Seroka as the new Executive Director of the Port of Los Angeles.

Earlier in June, the Harbor Board of Commissioners unanimously voted to approve Seroka for the executive director’s position. Mayor Garcetti’s May 27 announcement that he [...]

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Trident Alliance on Track for launch

Trident Alliance, the shipping industry initiative for enforcement of maritime sulphur regulations, is on track for launch after its exploratory meeting in Copenhagen last week.

At a full-day meeting on May 28, hosted by Maersk Maritime Technology and Wallenius Wilhelmsen Logistics (WWL) in Copenhagen, representatives from a dozen shipping companies, including some of the world’s [...]

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Reuters: Maersk, MSC, others in talks to end EU antitrust probe

The world’s two biggest container shipping companies, AP Moeller-Maersk and Mediterranean Shipping Company, are seeking to end a European Union antitrust probe without paying any fines, three people with knowledge of the case said on Tuesday.

The European Commission said in November last year that the companies and some of their rivals might have been [...]

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