|
||||||
|
Five challenges for JaxPort The drive to make Jacksonville one of the East Coast’s top-tier ports could be knocked off course by a number issues. Waterway currents: The biggest ships face restrictions on when they can enter Jacksonville harbor because of strong currents at the Intracoastal Waterway. A fix will cost $60 million. Hanjin on hold: Plans for [...] Commodity shipping costs measured by the Baltic Dry Index extended their longest losing streak in almost five years as an expanding fleet overwhelmed weakening demand for grain, coal and ore carriers. The index fell 41 points, or 1.7 percent, to 2,406 points, the lowest since October 2009, according to the Baltic Exchange in London. That’s the [...] The South Carolina State Ports Authority wants to make all public port operations “common user,” a phrase people outside the maritime community learned when Maersk Line threatened to pull its business from the Port of Charleston. The SPA last year offered to move Maersk’s operations to what’s known as the common user gate, where SPA employees [...] Malaysian Transport Minister Datuk Seri Ong Tee Keat, who is currently on two-day official visit to the Port of Los Angeles, has requested Japanese shipowner, Mitsui OSK Lines (MOL) to consider calling at Malaysian ports. MOL recently announced a revised coverage on its Asia-East Coast South America Service (CSW), which does not include any Malaysian ports [...] Illustration of how MOL's new ISHIN-III technology reduces emissions MOL said Thursday it completed the concept for the third ship in its series of next-generation vessels, which it said will be technically feasible in the near future. The latest concept is for an environment-friendly, large-scale iron ore carrier called the ISHIN-III that will [...] APL at Busan The former Korean concession operated by a DP World consortium welcomed its first ship under its new management this week. Pusan Newport International Terminal (PNIT), a joint venture between PSA International (PSA) and Hanjin Corporation in Busan New Port, South Korea, started commercial operations and handled more than 800 moves from its [...] Senior executives at some of the world’s biggest operators of car-carrying ships have expressed doubts about how quickly the sector will recover from a slump, in spite of plans by one of the sector’s biggest investors for an initial public offering of shares and capital-raising. Demand in the car-carrier sector, which handles new and used vehicles [...] Cambodia's Phnom Penh’s Autonomous Port. Click on the image to read the Phnom Penh Post. Shipments at Phnom Penh’s Autonomous Port increased by 51.5 percent in February compared to the same month last year, but were down on January freight highs following Chinese New Year, figures showed Thursday. Last month 3,271 TEUs (twenty-foot equivalent units) [...] The Port of Laem Chabang, Thailand, will soon add links to Los Angeles and Oakland. The New World Alliance (TNWA), which includes shipping lines Mitsui O.S.K. Lines (MOL), APL and Hyundai Merchant Marine, is adding the Thai port of Laem Chabang to its Pacific Southwest Express (PSX) service to provide a freight container link between [...] Before Vietnam’s Cai Mep port was put into operation in June 2009, goods went to Hong Kong or Singapore and then were transferred to bigger ships heading to the US. The longer itinerary of export goods cost Vietnamese exporters more money and they had to endure high risks during the shipping, loading, and re-loading of [...] MOL on Friday more than doubled its profit forecast for its current fiscal year, saying “strong demand” in dry bulk shipping and rising container shipping prices are improving the company’s outlook. Vietnam’s Saigon Premier Container Terminal, which is operated by DP World, began operations in October 2009. When the terminal is fully built out, it is planned to have a capacity of 1.5 million TEUs a year. The new terminal is one of six new terminals that have opened, are under construction or are planned at [...] Seaspan on Jan. 8 took delivery of its latest containership. The MOL Empire from Hyundai Heavy Industries has a capacity of 5,100 20-foot equivalent units. The new ship brings the charter company’s fleet to 43 vessels. … Seaspan has 25 more new containerships on order scheduled for delivery over the next two and half years, [...] In his New Year address to company employees, the president of Japanese shipping group Mitsui OSK Lines (MOL) said he expected the container to remain “very difficult” for the next three to four years. He said: “Using the analogy of ship speeds to describe our business performance over recent years, in FY2007, when we recorded \302.2 [...] As a result of ongoing increases in the price of bunkers at Hong Kong and South Korea, the TFA member lines wish to advise that … the Bunker Surcharge is to be adjusted to US$400 per TEU with effect from December 4, 2009. … TFA members are: ANL Singapore Pte Ltd, China Shipping Container Lines, [...] |
||||||
|
Copyright © 2010 Longshore & Shipping News - All Rights Reserved |
||||||
