The U.S. Justice Department has ordered top executives from several container shipping lines to testify in an antitrust investigation over practices by an industry that is the backbone of world trade, the companies said on Wednesday.
The world’s biggest container group, Denmark’s A.P. Moller-Maersk, together with second largest line MSC of Switzerland, Germany’s […]
Hyundai Merchant Marine officially signed a deal with the world’s largest shipping alliance, a move that is expected to grant the company more vessel capacity on its service routes and a way to improve its financial health, the company said Thursday.
HMM CEO Yoo Chang-keun and heads of the 2M alliance, Soren Skou of Danish […]
Environmental groups Columbia Riverkeeper and Northwest Environmental Defense Center argued the Port of Vancouver commissioners violated state environmental laws when it agreed to lease land to Savage Cos. and Tesoro Corp., now collaborating as Vancouver Energy, without the project first undergoing the analysis for an environmental impact statement.
The court’s majority, also ruled that the […]
From Logistics Management:
Total POLA February volume dropped 12.4 percent annually to 625,381 Twenty-Foot Equivalent Units (TEU), and POLB volumes decreased 11.2 annually percent to 498,311 TEU.
While the early timing of the Lunar New Year helped boost cargo volumes at the Port of Los Angeles (POLA) and Port of Long Beach (POLB) in […]
The ITF (International Transport Workers’ Federation) has hailed an amazing victory by Spanish dockers to defeat a controversial government plan to gut the rules that govern Spanish ports.
ITF president & chair of the dockers’ section Paddy Crumlin said: “This just shows the power of the dockers in Spain and I congratulate them for making […]
Containerized export volume at the Port of Oakland declined 1.2 percent last month from February 2016 totals. The Port said it was only the second export decrease in the past 14 months.
Overall loaded container volume – imports and exports – declined 5.1 percent last month, according to figures released today. Import volume was off […]
Federal Maritime Commission news release:
Acting Chairman of the Federal Maritime Commission Michael A. Khouri today designated the agency’s Managing Director, Karen V. Gregory, to serve as Regulatory Reform Officer.
Ms. Gregory will stand up a Regulatory Reform Task Force that will work to identify burdensome, unnecessary, and outdated directives and recommend how they should […]
Excerpts from the Journal of Commerce:
As carriers begin extricating themselves from their current vessel sharing agreements and reposition ships in preparation for the launch of the new Ocean Alliance and THE Alliance on April 1, an analysis of the new networks has revealed a surprising loss of direct port connections.
Now that the complete […]
Excerpts from gCaptain:
February is the third-consecutive record-breaking month for the Panama Canal. In December 2016 and January 2017, the waterway set monthly tonnage records after transiting 35.4 million PC/UMS and 36.1 million PC/UMS, respectively.
Approximately 850 Neopanamax vessels have transited the new locks in the first eight months since their inauguration in June 2016, […]
On April 01 ‘THE Alliance’ of Hapag- Lloyd, ‘K’Line, MOL, NYK and Yang Ming, will launch 32 liner services to 75 major ports on trade lanes connecting Asia with the Indian Subcontinent, Middle East, Europe, North and Central America and the Caribbean.
And reminded of the sudden demise of Hanjin Shipping last August, they have […]
Vermont Sen. Bernie Sanders stood with thousands at a pro-union rally near Nissan Motor Co.’s plant in Canton, Mississippi, congratulating workers for their courage “in standing up for justice.”
“It’s our job to tell corporate America that they cannot have it all,” Sanders told the crowd. “Start treating the working people of this country with […]
The Port of Vancouver will continue to lease land to Vancouver Energy for its proposed oil terminal after the agreement was the subject of a passionate and sometimes contentious meeting Tuesday. After five hours of testimony and deliberation, the vote was 2-1.
Commissioner Eric LaBrant was the sole supporter of his motion to cancel the […]
Our profound condolences go out to the family, friends and colleagues of Brother Pedro Fita, who was killed when glass fell from a crane and pierced his helmet. We are hoping for a full recovery for his co-worker who was also seriously injured. SUPA union officials say work stopped for 24 hours at terminals in […]