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.

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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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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New shipping alliances jam up truck traffic for Port of Seattle

From KOMO News:

Ocean carriers realigned their partnerships last month to better manage costs. Now those ships are just arriving to the West Coast out of Asia and operating under these newly forged alliances. However, this quickly evolving industry is causing major slowdowns for the Port of Seattle.

At Terminal 18, the global shipping changes […]

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Port of Oakland says ‘bring it on’

From Logistics Management:

A Port of Oakland executive is eager for changes in the way container shipping lines operate. Maritime Director John Driscoll said in an interview that newly formed ocean carrier alliances will benefit his port.

“We’ll see larger vessels coming to the port, which is a good thing,” he recently told employees. “We’ll […]

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Long Beach Port bracing for impact of shipping alliance reformation

From the Signal Tribune

It’s been called “The Big Bang of 2017.” An unprecedented number of ocean-carrier mergers last year and the collapse of the seventh-largest container carrier– Hanjin Shipping– have resulted in something Port of Long Beach officials say has never happened in the shipping industry– the reshuffling of ocean carriers from four to […]

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Port of Oakland set for alliance changes: ‘we’re confident’

Port of Oakland officials said this week that they expect to take on upcoming changes to container shipping alliances with little disruption. The news should be welcomed by importers and exporters fearful of fallout as ocean carriers switch partners next month.

“We’ve spoken to the shipping lines, we’ve spoken to our marine terminal operators and […]

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New alliances will have fewer direct port calls

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 […]

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THE Alliance sets up post-Hanjin insurance plan

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 […]

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Experts warn of carrier alliances causing congestion, disruption at U.S. ports

Excerpts from an article titled ”’Shotgun start’ of new alliances to test port productivity” in the Journal of Commerce:

Concern is growing that major US gateways won’t be able to handle the overnight changes that will occur at marine terminals when new ocean carrier alliances take effect on April 1. A new bout of congestion […]

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Alliances, megaships, capacity to strain ports in 2017

Excerpts from an article titled ‘New alliances, bigger ships put US ports on high alert’ in the Journal of Commerce:

US ports are facing what could be a historically challenging 2017 as changes in the rapidly evolving steamship industry — among them new alliances, consolidation, and escalating ship capacity — heighten the already vigorous competition […]

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Hyundai Merchant no longer considered for 2M Alliance, Maersk says

From the Wall Street Journal:

Maersk Line, the senior member of the world’s largest container-shipping alliance, has said it is no longer considering Hyundai Merchant Marine for membership in the group, dealing a major blow to the troubled Korean shipping company.

The so-called 2M Alliance—made up of Maersk and Mediterranean Shipping Co.—moves a third of […]

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Panama vs Suez: Which do alliances favor?

From Port Technology:

New alliance service networks for Asia-East Coast North America favor the Panama Canal routeing ahead of the Suez Canal, according to Drewry. … The expansion of the Panama Canal at the end of June has been a game changer. Several Asia-ECNA via Panama loops have been upgraded to deploy ships of 8,000 […]

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Ocean Alliance gets formal FMC approval

The Federal Maritime Commission (FMC) said last week it has concluded its review of the proposed Ocean Alliance.

Set to take effect immediately and begin operations next April, the carrier members of the Ocean Alliance include: COSCO Shipping, CMA CGM, Evergreen Marine, and Orient Overseas Container Line Limited (OOCL).

With this agreement now intact, FMC […]

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Maersk may target Hanjin, Hyundai in new acquisition plan

From Bloomberg:

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 […]

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Federal Maritime Commission voices concern about alliances

From Splash 247:

William Doyle, FMC Commissioner, said, ”We’ve been down this road before with language proposed but not implemented by the P3 Alliance and the language in the existing 2M Alliance.”

The creation of the Ocean Alliance – a new container grouping involving China Lines, OOCL, Evergreen, APL and CMA CGM, has hit a […]

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