From Logistics Management:
The Federal Maritime Commission (FMC) recently discussed two matters of interest to each of the five Commissioners and the broader shipping public: ongoing developments related to the Hanjin Shipping bankruptcy, and a third party review of the southern California-based PierPass program.
FMC Chairman, Mario Cordero, said that, “it remains to be seen” [...]
From the San Francisco Business Journal:
The Port of Oakland has a major backlog of empty shipping containers from now-bankrupt South Korean shipping company Hanjin, which is preventing the port from freeing up those chassis bases for other shipments.
“Port of Oakland has about 900 Hanjin empties right now and we anticipate another 300 [...]
Excerpts from Reuters:
The collapsed Hanjin Shipping Co Ltd could not compete against global rivals that were supported by their governments, the chairman of its parent firm told a South Korean parliamentary hearing on Tuesday.
“Hanjin Shipping lost the game of chicken played among large shippers,” Hanjin Group chairman Cho Yang-ho told the hearing.
A.P. Moeller-Maersk A/S’s container line, which this month ditched a strategy of building new vessels and will instead try to grow through acquisitions, is targeting South Korea’s two biggest shipping firms, according to Jefferies International Ltd.
Hanjin Shipping Co. last month filed for bankruptcy protection and Hyundai Merchant Marine Co. is in the middle of [...]
From Fresh Plaza:
Maersk Line’s 2016 investments in new reefer container equipment are adding 14,800 reefers to the world’s largest reefer fleet of more than 270,000 containers. While part of the reefers replace older equipment, the investment will expand the reefer fleet and cater for Maersk Line’s future growth in the reefer segment.
Adding to [...]
SeaLand is adding the Port of Hueneme as a port of call in its West Coast Central America route, which also includes relay carrier services in the Port of Los Angeles and ports in Mexico, Guatemala, Nicaragua, Panama, Ecuador, Chile and Peru.
The SeaLand route will be a weekly service arriving in Port Hueneme every [...]
Hanjin seafarers thank ILWU for solidarity as they seek shore leave after weeks or months at sea.
Excerpts from the Handy Shipping Guide:
The International Transport Workers’ Federation (ITF) inspector, Jeff Engels, visited the chartered vessel Hanjin Marine which finally moored in Seattle after three weeks waiting for a berth when his organisation was [...]
Excerpts from the Wall Street Journal:
Screen shot of video of Hanjin ship at the Port of Seattle, Sept 26, 2016.
Sailors on several Hanjin ships were denied shore leave out of concern they might not return to their ships, U.S. Customs and Border Protection said in a statement. The concerns arise after the shipowner [...]
After years of slanted reporting, the Capital Press finally wrote a balanced article about the broader problems facing the Port of Portland.
Excerpts from the Capital Press:
Labor disputes are often blamed for discontinued ocean container shipping at Port of Portland’s “Terminal 6,” but the facility faces broader problems, a port executive said.
Maersk, owner of the world’s biggest shipping company, “will become an integrated transport and logistics company,” the Copenhagen-based group said on Thursday.
“Oil and oil related businesses, either individually or in combination, to be separated from” the group and “will focus on optimizing and strengthening its strong position in the Danish, British and Norwegian parts [...]
From ABC 7:
For the first time since last month, a Hanjin cargo vessel is arriving at the Port of Oakland, almost two weeks to the day since the South Korean shipping company declared bankruptcy.
“They’ll have to pay the cargo handling fee in order to retrieve those containers but they will have the ability [...]
From the OC Register:
One of the nation’s busiest seaports will set aside extra room on its docks to accommodate some of the estimated 7,000 cargo containers with nowhere to go after the collapse of Hanjin Shipping Co., officials said Wednesday.
“I think within the next day or so, we’ll have issued entitlements to our [...]
From the Long Beach Press Telegram:
A second Hanjin vessel will dock and unload at the Port of Los Angeles after more than a week stranded off the Southern California coast, according to the Marine Exchange of Southern California.
The move raised hopes that gridlock could be easing after a U.S. bankruptcy judge issued an [...]
South Korea’s cash-strapped Hanjin Shipping Co. is adrift at sea — and in more ways than one.
Hanjin is one of the world’s biggest shipping lines and filed for bankruptcy protection last week in Seoul. That’s created a bizarre situation on the high seas for 85 Hanjin ships that have been effectively marooned offshore as [...]
Maersk Line and MSC, who make up the 2M network, have moved to snaffle up business that was previously controlled by defunct Hanjin Shipping.
Maersk Line is introducing a new service between Asia and the United States West Coast starting on 15 September. The TP1 service will be calling Yantian, Shanghai, Busan and Los Angeles/Long [...]