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.

Bulk carrier detained in Australia; ITF alleges seafarers were forced to unlash containers at sea

”In this instance they were lucky there was no major incident,” International Transport Workers’ Federation Australia coordinator Dean Summers said. ”In a worst-case scenario, the shifting cargo could have caused the ship to sink by compromising its stability.” VesselTracker photo.

A Hong Kong-based bulk carrier has been detained in Newcastle following allegations that its crew [...]

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Japan’s Marubeni halves profit outlook on oil price slide, Gavilon

Japanese trading house Marubeni Corp halved its annual profit forecast on Monday after plunging oil, copper and coal prices weighed on its resource assets and it booked an impairment charge for its grains unit Gavilon.

Like international oil majors and mining companies, Japan’s trading companies have been caught flat-footed by the rout in commodities, with [...]

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ICTSI shores up $300m perpetual bond

International Container Terminal Services (ICTSI) sold a $300 million hybrid note callable in year 4.25 on Thursday evening, the company’s maiden senior perpetual offering and also Asia’s first this year.

The Philippine port operator — controlled by billionaire Enrique Razon — priced the offering at a yield of 6.375%, which is around 12.5bp tighter than [...]

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Expanding capacity, bigger ships to test European ports this year

The first big event of the year will be the February rollout of the world’s first fully automated container terminal in Rotterdam, which threatens to unleash a rate war across the Le Havre-Hamburg range as carriers leverage the added capacity to beat down handling charges.

Europe’s ports face a rocky ride in 2015, dominated [...]

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Maersk Line will continue to slow-steam despite falling bunker prices

Maersk Line will not stop slow-steaming despite falling oil prices making it more economically viable to speed up ships, Joc reports.

According to a Maersk Line spokesman, “A move away from the current slow-steaming approach would entail a fundamental change to the network.”

But with port congestion said to have been an issue in [...]

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Winning Shipping in deal with Cargill, Bunge to move bauxite on Capesize: sources

Bauxite export facility at Cabo Rojo, Dominican Republic.

Winning Shipping has fixed a contract of affreightment deal with ship-operator Cargill Shipping and Bunge Shipping to move 1.52 million mt of bauxite from the Dominican Republic to China over 2015, sources familiar with the matter said Wednesday.

Cargill and Bunge will each move four 190,000-mt cargoes [...]

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Farmer takes office as IANA chair

Katie Farmer, group vice president of consumer products at BNSF Railway, has taken office as the first woman to chair the Intermodal Association of North America’s board of directors.

Farmer succeeded Phil Shook, director of intermodal at C.H. Robinson, who remains on the board.

Trucker Kevin Lhotak, president of Reliable Transportation Specialists, Inc., was named [...]

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ILA President Harold Daggett Reaffirms Full Support To ILWU In Negotiations

ILA President Harold Daggett Reaffirms Full Support To ILWU In Negotiations; Attempts to Divert Cargo To ILA Ports Will Fail, ILA Leader Tells Shippers

NORTH BERGEN, NJ – (January 23, 2015) – Harold J. Daggett, President, International Longshoremen’s Association, AFL-CIO expressed strong support and solidarity of his entire membership to the members of the [...]

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Shippers land $147,000 in fines for violating marine fuel sulfur regulations

China Shipping was one of the four shipping lines that incurred the fines.

The California Environmental Protection Agency (CEPA) has announced that its Air Resources Board (ARB) had fined four shippers a combined $146,719 for failing to adhere to the U.S. state’s marine fuel regulations.

CEPA listed the companies found to be in non-compliance as [...]

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ICTSI's Port of Melbourne automation project chooses Finnish vendor

”Last year, the consortium laid out over $56.6 million (€40 million) for 12 automated stacking cranes and 11 automated shuttle carriers for the new port facility. Once the cranes lift containers off a ship, they can be set down in “buffer zones” and picked up by the shuttle carriers, which transport them to other [...]

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Zim finally calls it a day on Asia-North Europe to target more lucrative routes

Israeli ocean carrier Zim has finally axed its monthly ad-hoc sailings from Asia to North Europe, according to a report from Alphaliner, ending the restructured container line’s presence in the trade.

Severe losses, much attributed to the highly-competitive Asia-North Europe tradelane, obliged the ‘new’ Zim to suspend its liner service last April and terminate its [...]

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Puget Sound container volumes reach 3.4 million TEUs in 2014

The Ports of Seattle and Tacoma have co-released their cargo numbers for the first time as the Seaport Alliance:

Container volumes through Puget Sound’s largest container ports remained flat in 2014, according to numbers released jointly for the first time by the ports of Seattle and Tacoma.

“Reporting our combined cargo volumes demonstrates our commitment [...]

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Union kicks back at Rotterdam

So the dispute does not escalate, Mr Crumlin is urging ‘all parties, and that includes not just all operators and port authorities, but also the shipping lines, to get together to defuse this situation and reach an agreed settlement.’

Things are off to a rocky start at the Port of Rotterdam’s new Rotterdam Gateway [...]

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Mayor Garcetti announces Port of L.A. changes

Mayor Eric Garcetti today announced that his Deputy Mayor for City Services, Doane Liu, will become Deputy Executive Director and Chief of Staff at the Port of Los Angeles.

“The economy is my top priority and the Port of L.A. is our region’s leading economic driver, so it’s critical to me that we have the [...]

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Ports of Tacoma and Seattle win dismissal of suit challenging private joint commission meetings

A King County judge Friday dismissed a lawsuit challenging the legality of the ports of Tacoma and Seattle holding about a dozen confidential sessions to plan a marketing and operations alliance.

Superior Court Judge Julia Garratt sided with the two ports on two issues, finding that the open meetings advocate who brought the suit lacked [...]

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