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.

Container ship towed to Dutch Harbor

From the Cordova Times:

A Maersk container ship that lost power on the evening of July 14 about seven miles north of Akutan on the Aleutian chain was towed to Dutch Harbor on July 15, the U.S. Coast Guard said.

No injuries were reported among the 24 crew aboard the Laura Maersk and there was […]

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COSCO offers $6.3 billion for smaller rival Orient Overseas

From US News:

China’s biggest shipping company, state-owned COSCO Shipping Holdings Co., is creating the world’s No. 3 container shipping giant by acquiring rival Orient Overseas (International) Ltd.

Shares in both companies surged Monday following the announcement of the $6.3 billion deal.

A wave of consolidation has created huge competitors in a global shipping industry […]

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After port closures, Lowenthal, Poe call on DHS to give information on cybersecurity

From Congressman Alan Lowenthal’s office:

Following the closure of several US container terminals due to a recent cyberattack, Congressmen Alan Lowenthal (CA-47) and Ted Poe (TX-02) have called on the Department of Homeland Security (DHS) to provide a classified briefing to Congressional Members representing ports throughout the nation.

In the letter to DHS Secretary John […]

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Global shipping giant Maersk is reeling from ransomware fallout

From Reuters:

Global shipping is still feeling the effects of a cyber attack that hit A.P. Moller-Maersk [three] days ago, showing the scale of the damage a computer virus can unleash on the technology dependent and inter-connected industry.

The cyber attack was among the biggest-ever disruptions to hit global shipping. Several port terminals run by […]

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Global cyberattack shuts down Port of LA’s largest terminal

From CBS Los Angeles:

A ransomware attack that was reported across Europe and around the world shut down the Port of Los Angeles’ largest terminal Tuesday.

Operations were halted at the APM Terminal, owned by Danish shipping company A.P. Moller-Maersk, at about 6 a.m.

Maersk issued a statement confirming that it was “hit as part […]

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Maersk says global IT breakdown caused by cyber attack

From Reuters:

Shipping giant A.P. Moller-Maersk, which handles one out of seven containers shipped globally, said a cyber attack had caused outages at its computer systems across the world on Tuesday.

The attack came as computer servers across Europe and in India were hit by a major ransomware attack.

The breakdown affected all business units […]

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US bill would make carriers choose: alliances or discussion groups

From the Journal of Commerce:

Congress is considering legislation that would force carriers to choose between membership in rate discussions and ocean carrier alliances, while also giving maritime regulators more power to protect domestic third-party service providers from potential alliance collusion.

Legislators’ recent interest in rewriting the Shipping Act of 1984, which was last amended […]

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Australian unions take up ICTSI dockworkers case with Indonesian Minister

The Indonesian Government is coming under pressure to intervene in a major industrial dispute developing with port operator ICTSI after Australian unions protested and delivered a joint letter to the Indonesian Minister for National Development Planning Bambang Brodjonegoro in Canberra today.

The International Transport Workers’ Federation (ITF) and local Indonesian union FBTPI organised the protest […]

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Cosco is to buy OOCL – ‘almost a done deal’ says insider

From The Loadstar:

China’s Cosco Shipping may be about to announce that it is to acquire Hong Kong-based carrier OOCL.

An insider source has told The Loadstar a takeover of the container arm of Tung family-led Orient Overseas International (OOIL) is “almost a done deal”.

In January, reports surfaced of a $4bn price tag put […]

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China Shipping diverting cargo from LA port to Long Beach because of environmental restrictions, LA port chief says

From The Daily Breeze:

China Cosco Shipping Corp., the world’s fourth largest shipping line, is diverting its cargo away from the Port of Los Angeles to its competitor in Long Beach because of more lax environmental rules at its terminal there, the chief of the L.A. port said Thursday.

The Chinese company, one of the […]

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Matson expands SPX service between US West Coast the Samoas

Honolulu-based ocean carrier Matson is increasing the frequency of its South Pacific Express (SPX) service to Samoa and American Samoa to 14 days, up from every 28 days, the carrier has confirmed.

The new fortnightly schedule has been made possible by the company’s acquisition of a larger, faster vessel that has been christened Samoana. The […]

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US bill would make carriers choose: alliances or discussion groups

Congress is considering legislation that would force carriers to choose between membership in rate discussions and ocean carrier alliances, while also giving maritime regulators more power to protect domestic third-party service providers from potential alliance collusion.

Legislators’ recent interest in rewriting the Shipping Act of 1984, which was last amended in 1998, has been sparked […]

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CMA CGM posts higher Q1 profits

From Marine Link:

Container shipping line CMA CGM posted higher first-quarter profits, helped by a turnaround at recently acquired NOL, and gave an upbeat assessment for the current quarter in another sign that the shipping industry is emerging from a slump.

The French-based group reported on Friday a first-quarter net profit, including Singapore-based NOL which […]

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Port of Los Angeles and GE's 'digitized maritime shipping' partnership launches

GE Transportation has issued a news release on the project, excerpted here:

Last November, GE Transportation and the Port of Los Angeles announced a partnership to develop a first-of-its-kind digital solution to keep cargo flowing efficiently through America’s largest container port. Since, the partners have been working together to build a platform that digitizes maritime […]

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OOCL breaks largest containership record with 21,413-TEU vessel

The OOCL Hong Kong, with a length of 1,312 feet and a width of 193 feet, will serve the Asia-Europe trade lane as part of the LL1 service.

Hong Kong-based ocean carrier line OOCL has knocked Maersk from the largest containership top spot after christening the 21,413 TEU OOCL Hong Kong at the Samsung […]

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