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As part of the permanent dialogue with the shipping industry, a Panama Canal Authority (ACP) delegation headed by Administrator Jorge L. Quijano visited South Korea to hold discussions with the vehicle carrier market segment and obtain feedback on the future toll structure being developed by the ACP that will go in effect upon completion of [...]  Hanjin Shipping Company Ltd. will not be building a $300 million container shipping terminal at the Port of Jacksonville, Jacksonville Port Authority Interim CEO Roy Schleicher said Thursday morning. Weakness in the economy caused the project’s demise, not the 47-foot dredging depth planned for the St. Johns River shipping channel, which Jaxport voted to pursue [...] From the Maritime Executive blog: The new ship reliability record eclipses the previous best of 75.7% set in the second quarter of 2012. Ship-level and container-level Key Performance Indicators (KPIs) showed significant quarter-on-quarter increases in reliability in the fourth quarter of 2012, according to Drewry’s quarterly report Carrier Performance Insight. Containership reliability reached a [...] Commissioners voted 6-1, with one abstention, to authorize as much as $3.7 million in rent rebates to ICTSI Oregon Inc., which operates the Port’s international container terminal. The Port intends the payments, in the form of rent reductions, as savings that ICTSI can pass on to shipping lines so the ocean carriers will continue sending [...] Local transportation, environmental and labor interests, led by International Longshore and Warehouse Union Local 19, support the city’s attempt to attract professional basketball back to Seattle, but they want the arena to be constructed somewhere else. The ILWU filed a lawsuit, charging that the city of Seattle and King County violated the State Environmental Policy [...] Commissioners voted 7 to 2 Wednesday to approve the Container Carrier Incentive Program, in which the port will pay $10 per container to carriers calling Portland. Total payments are capped at $1 million and the program expires in December. The port said the move is necessary to offset expected cost increases from International Container Terminal [...] The Port of Portland will pay shipping lines $10 a container to keep sending cargo vessels here despite longshore labor disputes that started last spring and drove up costs. Port commissioners voted 7-2 Wednesday in favor of the payments to ocean carriers, up to a total $1 million, on top of subsidizing the company that [...] The Port of Seattle Commission has approved a 10-year lease extension with Total Terminals International that’s expected to secure continued volume and revenue at the port’s Terminal 46 through 2025. “We worked very hard to keep TTI in the Port of Seattle,” Port Commission President Gael Tarleton said of the extension, which was approved Dec. [...] Coast Committeeman Leal Sundet commented on recent issues at ICTSI, the private, Philippines-based terminal operator that took over operations at the Port of Portland two years ago. Excerpts from the Oregonian: Operations at Portland’s international container terminal, a workhorse of Oregon’s economy, appear increasingly tenuous as a third labor conflict surfaces and big customers waver. [...]
Carriers that already have idled about 6 percent of the global fleet are likely to start idling more ships in the next few weeks as the peak season winds down, according to a global shipping consultant. The glut of global vessel capacity next year and the year after is beginning to look like 2012 all [...] Hanjin Shipping reported a net loss of 47.3 billion South Korean won (about US$43.3 million), compared with a net loss of $1.1 million in the previous quarter and a net loss of $78.7 million in the same quarter in 2011. In the first nine months of 2012, the company posted a net loss of $354.4 [...] Excerpts from the Oregonian: Portland longshoremen will not give up. Thwarted by the National Labor Relations Board in their quest for two waterfront jobs, the dockworkers’ union is changing tactics, pressuring shipping lines to give them the work or face claims for lost wages. If that happens, Hanjin Shipping Co., for one, plans to hand [...] The Journal of Commerce reported Tuesday: Pacific Maritime Association head also sees jurisdictional battle as continuing International Longshore and Warehouse Union Coast Committeeman Leal Sundet was not speaking in hyperbole Monday when he said the jurisdictional dispute in Portland between the ILWU and the International Brotherhood of Electrical Workers is far from over despite a [...] Excerpts from the Associated Press: The National Labor Relations Board has awarded a pair of disputed jobs at the Port of Portland to union electricians, setting the table for renewed tension at the North Portland container terminal. In a ruling released Monday afternoon, the NLRB rejected arguments from the International Longshore and Warehouse Union that [...] From the Oregonian: The Port of Portland proposes to pay as much as $4.7 million to the operator of its container terminal to cover losses from longshore labor problems, though the Port boss calls it “a complete waste” and a longshore union leader describes it as an abuse of public funds. But Port managers [...] |
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