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.

Catrgotec wins major automation contract at Port of LA

From a Cargotec news release:

Cargotec has won a contract to supply ten Kalmar automatic stacking cranes and 17 customer specific automatic shuttle carriers to leading terminal services’ provider TraPac Inc, in Los Angeles, in 2012 and 2013.

In June this year Cargotec announced the opening of its Technology and Competence Centre in Singapore [...]

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Charleston port announces third new shipping service of the year

A shipping alliance will begin calling on the Port of Charleston in June, linking the port to countries in Asia and North Africa, the S.C. State Ports Authority announced recently.

For the new service, the New World Alliance and Evergreen will call weekly on Charleston, the last port of call for the outbound service.

The [...]

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Six container lines form new Far East-Europe trade alliance

Six leading container shipping lines have agreed to create one of the largest vessel networks in the Far East-to-Europe trade lane.

The new G6 Alliance will create one of the leading networks in the Far East-to-Europe and Far East-to-Mediterranean container shipping markets with more than 90 ships in nine services calling at more than 40 [...]

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China Cosco slumps to loss as global overcapacity hammers shipping rates

China Cosco said it expects a 32 percent drop in dry-bulk traffic this year.

China Cosco Holdings Co., Asia’s largest shipping line by market value, reported … a net loss of 503 million yuan ($77 million).

“There are too many ships and too much capacity,” said Johnson Leung, head of regional transport at Jefferies [...]

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