Danaos' healthy profit reflects improving container ship market. Jump to navigation JOC › Maritime News › Ships & Shipbuilding Danaos' healthy profit reflects improving container ship market Danaos Corp.’s most recent earnings highlighted an improving container ship charter market as the Greek ship-owner posted a 56 percent increase in adjusted net income in the fourth quarter of 2014. Maritime News›Ships & Shipbuilding Please log in, register or subscribe to access the full article. Log In Forgot your password? Subscribe Or, for unlimited access to timely news and analysis: Subscribe Register Not registered with JOC.com? Register More on JOC DHL launches weekly India-Germany LCL operation Japan and Mongolia sign free trade agreement International Trade News Container, general cargo volumes jump at Khalifa Port International Ports Spanish airports operator Anea to launch IPO Wednesday Air Cargo Danaos' healthy profit reflects improving container ship market Ships & Shipbuilding Shanghai port steams ahead as China’s economy slows Port News MORE News & Analysis »
Maersk cuts capacity on ailing Europe- S.America trades, but rivals stay bullish. Maersk Line is reducing capacity on its services between the east coast of South America and Europe and the Mediterranean by 10%, due to “declining market demand”. To achieve this, the line will phase-in smaller 4,500-6,500 teu ships to replace the 8,500 teu vessels. According to Alphaliner, overcapacity in Latin American tradelanes is prompting ocean carriers, such as Maersk and MSC, to review their vessel deployment plans, particularly on the South American east coast. Last year, South American routes absorbed 211,000 teu of newbuild capacity, some 15% of all ships delivered, said the analyst, and many of those vessels were of the 8,000-10,000 teu sector which, just a year or so ago, would have been the workhorses of the Asia-Europe tradelane. Although the capacity injection was partly offset by the cascading to other routes of 67,000 teu of smaller vessels, the cumulative increase in capacity plying Latin American trades still resulted in a 6.3% year-on-year hike in slots.
Shanghai port steams ahead as China’s economy slows. Porto Itapoa, Brazil, muscles in on competitors. Jump to navigation JOC › Port News › South American Ports Porto Itapoa, Brazil, muscles in on competitors One traditional group of Brazilian exporters, chicken producers, and one new importer of components, BMW, are helping the Porto Itapoa become a strong regional container port competitor. Port News›South American Ports Terminal Operators Please consider registering in order to access the full article. Log In Forgot your password? Subscribe Or, for unlimited access to timely news and analysis: Subscribe Register Not registered with JOC.com? Register More on JOC Suspension of weekend calls will keep 40 ships stranded at anchor International Longshore and Warehouse Union US intermodal volume experiences strong 2015 start Class I Railroads Container traffic rises 7.5 percent at federally-owned Indian ports Port of Jawaharlal Nehru West Coast LTL trucker gains expedited business as port delays worsen LTL Shipping HHLA profit, revenue up despite Russia, Ukraine woes Port of Hamburg Port News MORE News & Analysis »
Container traffic rises 7.5 percent at federally-owned Indian ports. US West Coast terminals suspend weekend vessel work. Retailers’ frustration with West Coast gridlock hits the boiling point. HHLA profit, revenue up despite Russia, Ukraine woes. Jump to navigation JOC › Port News › European Ports › Port of Hamburg HHLA profit, revenue up despite Russia, Ukraine woes HHLA’s operating profit jumped 10 percent in 2014 as the largest container handler in the port of Hamburg shrugged off lower Russian feeder shipments and a slump in traffic at its Ukraine terminal that left total volume unchanged from the previous year.
Port News›European Ports›Port of Hamburg Please consider registering in order to access the full article. Log In Forgot your password? Subscribe Or, for unlimited access to timely news and analysis: Subscribe Register Not registered with JOC.com? Register More on JOC US intermodal volume experiences strong 2015 start Class I Railroads Container traffic rises 7.5 percent at federally-owned Indian ports Port of Jawaharlal Nehru West Coast LTL trucker gains expedited business as port delays worsen LTL Shipping HHLA profit, revenue up despite Russia, Ukraine woes Port of Hamburg Port stake is not for sale, Hutchison says after media report.
Costamare eyes expansion after profit jumps nearly 15 percent. Container lines face looming threat as 2020 low-sulfur fuel cap is affirmed. CMA CGM, Hamburg Sud expand cooperation on multiple routes. Jump to navigation JOC › Maritime News › Container Lines › CMA CGM CMA CGM, Hamburg Sud expand cooperation on multiple routes CMA CGM and Hamburg Sud are expanding their current cooperation agreement to several additional liner trade routes in the latest consolidation of global container networks.
Maritime News›Container Lines›CMA CGM Hamburg Sud Please consider registering in order to access the full article. Log In Forgot your password? Subscribe Or, for unlimited access to timely news and analysis: Subscribe Register Not registered with JOC.com? Register More on JOC China’s Sri Lankan port city is back in play Port News Sohar has hub port plans as Middle East food market soars Republicans rally for TPA but face stiff resistance from key Democrats United States Trade Policy Virginia Tech to conduct critical truck driver work hours study Labor First higher road section installed on Bayonne Bridge Port of New York and New Jersey UP taps Fritz as CEO Union Pacific Railroad Distribution Centers Container Lines.
Do East Coast ports get a bad rap? Jump to navigation JOC › Port News › US Ports Do East Coast ports get a bad rap? West Coast ports always seem to hog the spotlight and much of the glory, but it’s the East Coast ports that are growing faster and gaining market share. Port News›US Ports United States Trade Data Please consider registering in order to access the full article. Log In Forgot your password? Subscribe Or, for unlimited access to timely news and analysis: Subscribe Register Not registered with JOC.com? Register More on JOC Costamare eyes expansion after profit jumps nearly 15 percent Ships & Shipbuilding As ocean business grows, C.H.
Logistics Providers ICTSI's Iraqi gateway starts bringing in the boxes Port News Rising China demand sees GLP accelerate logistics property development International Logistics Use air freight to avoid US port congestion, air cargo lobby says Air Cargo Truckload volume, pricing gains propel C.H. TRAC unveils high-end,‘green-tagged’ chassis Trac Intermodal United States Trade Policy MORE News & Analysis »
Direct China-Myanmar service from MCC Transport gets under way. Jump to navigation JOC › Maritime News Direct China-Myanmar service from MCC Transport gets under way The first sailing of MCC Transport’s new direct service between China and Myanmar is on the water as the sister company of Maersk Line moves to capitalise on growing trade between the two nations. Maritime News MCC Transport Maersk Line Please consider registering in order to access the full article. Log In Forgot your password? Subscribe Or, for unlimited access to timely news and analysis: Subscribe Register Not registered with JOC.com?
Register More on JOC CSAV seals stock auction raising $398 million to become top Hapag-Llloyd shareholder Direct China-Myanmar service from MCC Transport gets under way Scrap cabotage law to cut congestion and costs, Philippine agency says Port News Freight growth to keep US industrial space absorption strong Jones Lang LaSalle West Coast congestion a ‘wildcard’ for shippers, UPS says Planned Savannah DC reflects space scarcity, need for West Coast alternative Maritime News. Nieuw kanaal voor de schepen van de toekomst. Giants of the seas: planning for the world’s largest container ships. Obama budget would dramatically cut US port funding. Euromaritime et Eurowaterways 2015 officiellement inaugurés.
Euromartime, le salon de l’économie de la mer, a ouvert ses portes ce matin pour la deuxième édition à Paris Expo – Porte de Versailles (hall 6), en même temps qu’Eurowaterways, le premier salon de l’économie fluviale. Le commissaire européen Karmenu Vella, le secrétaire d’Etat Alain Vidalies, la députée européenne Gesine Meissner, et le président d’Euromaritime Francis Vallat ont participé à la cérémonie d’inauguration. Après une visite de quarante-cinq minutes dans les allées du salon Euromaritime/Eurowaterways 2015, Karmenu Vella, commissaire européen à l’Environnement, aux affaires maritimes et à la pêche, Alain Vidalies, secrétaire d’Etat en charge des Transports, de la mer et de la pêche, Gesine Meissner, députée européenne et présidente de l’Intergroupe mers, rivières, îles et zones côtières au Parlement européen et Francis Vallat, président d’Euromaritime, ont prononcé les discours d’inauguration du salon de l’économie de la mer et du fluvial.
M. Maersk retains crown as most reliable box line amid rumours of 20,000teu orders. Maersk again topped the liner shipping reliability rankings last year, according to new research released this morning by industry analyst SeaIntel. The top two spots were retained by Maersk and Hamburg Sud in a year during which 19 of the 20 largest container shipping lines saw their schedule reliability decline, compared with 2013. The only carrier to buck the trend was CSAV, with 77.8% of its vessels arriving “on time”, compared with 77% in 2013, the result of its limited exposure to the main east-west trades where liner operators encountered most of their scheduling problems.
Maersk and Hamburg Sud had a reliability score of 83.7% and 82.2% respectively. Maersk Line is also reported to be having discussions with Asian shipbuilders over an order for up to 10 container mega-ships worth a total of around US$1.5 billion, according to the Wall Street Journal. Reliability on the Asia-North Europe, Asia-Med and transpacific trades was significantly hit. Ports should be gateways to trade, not barriers. Jump to navigation JOC › Port News › Longshoreman Labor › International Longshore and Warehouse Union Ports should be gateways to trade, not barriers Among the many topics covered in this year’s State of the Union Address, President Obama discussed two issues that are critical for the continued growth of the U.S. economy — international trade and transportation infrastructure.
Both are priorities the retail industry strongly supports. Port News›Longshoreman Labor›International Longshore and Warehouse Union Infrastructure News Pacific Maritime Association United States Trade Policy Please consider registering in order to access the full article. Log In Forgot your password? Subscribe Or, for unlimited access to timely news and analysis: Subscribe Register Not registered with JOC.com? Register More on JOC Vancouver terminal operator invests to handle more U.S. cargo Port Metro Vancouver Swift adds truck capacity as higher rates bring better return Swift Transportation Norbert Dentressangle Logistics Providers.
Two unmissable events in a single showcase. Transport logistic, the Leading International Exhibition for Logistics, Mobility, IT and Supply Chain Management, presents the entire value chain and the major international market leaders out of the transport and logistics sector. 52.000 trade visitors, among them a high proportion of executives with decision-making powers on investment, from 110 countries, are proofing the undisputed position of this leading trade fair in the logistics branch. The event is accompanied by an extensive conference programme about newsworthy trends, innovations and future markets. Two unmissable events for all experts in the transport of goods by air and sea are taking place simultaneously. Air Cargo Europe is the most important centrally located business platform for the air cargo sector. This is where international air cargo professionals come to network, make new contacts, develop upcoming markets and explore joint business potential.
ICTSI Oregon issues statement on impact of ILWU delays. ICTSI has issued a statement severely criticising the ILWU’s escalated industrial action at its Oregon terminal, and claimed that the union made 36 work stoppages during the 2014 holiday period. The ILWU called for a 12-hour work stoppage at the port on Wednesday, it said, and members walked off the job at lunchtime on Thursday. Productivity at the terminal is now 13.2 moves per hour. Before the dispute, which has been running since 2012, productivity was 24.8 moves per hour. OregonLive wrote a good article on its port issues last month, here. Senate passes Keystone XL bill without McCain's Jones Act amendment. Jump to navigation JOC › Maritime News › Short-Sea Shipping Senate passes Keystone XL bill without McCain's Jones Act amendment Sen. John McCain’s amendment to repeal a key provision of the Jones Act failed to make it into a Senate-passed bill authorizing construction of the Keystone XL oil pipeline.
Maritime News›Short-Sea Shipping Please consider registering in order to access the full article. Log In Forgot your password? Subscribe Or, for unlimited access to timely news and analysis: Subscribe Register Not registered with JOC.com? Register More on JOC Vancouver terminal operator invests to handle more U.S. cargo Port Metro Vancouver Swift adds truck capacity as higher rates bring better return Swift Transportation Jacobson acquisition boosts revenue at French 3PL Norbert Dentressangle Norbert Dentressangle 3PL KW International operating at new Savannah container yard Logistics Providers US intermodal service improves but threats loom Norfolk Southern Railway Port of New York and New Jersey AirBridgeCargo. Antwerp growth trails that of Rotterdam in 2014. Jump to navigation JOC › Port News › European Ports › Port of Antwerp Antwerp growth trails that of Rotterdam in 2014 Antwerp posted a 4.7 percent increase in container traffic in 2014, trailing a 5.7 percent rise at close rival Rotterdam but reversing a 0.7 percent decline in 2013.
Port News›European Ports›Port of Antwerp Port of Rotterdam Please consider registering in order to access the full article. Log In Forgot your password? Subscribe Or, for unlimited access to timely news and analysis: Subscribe Register Not registered with JOC.com? Register More on JOC Strong 3Q results for India’s largest private port infrastructure developer Asian Ports At 125, Kuehne & Nagel vows to grow faster than the market Kuehne + Nagel Vessels backing up at an alarming rate on the West Coast International Longshore and Warehouse Union ICTSI says Portland slowdowns are worse than at other West Coast ports Longshoreman Labor Changing views of 18,000-TEU ships after plunge in oil prices Evergreen Line Marten Transport Air Cargo.
Nigerian terminal operators and carrier customers may be facing a bill for billions. Port and terminal operators in Nigeria, and shipping lines serving them, have been warned they may face back-charges levied on the country’s shippers amounting to billions of dollars, after a critical court case at the end of last year. The case dates back to a decision by the federal government in February last year to appoint the Nigerian Shippers Council (NSC) as the economic regulator of Nigeria’s ports. They would oversee “regulation of competition, pricing and service levels among providers of port and shipping services, with increased powers of enforcement”. Importantly, this appointment came via a presidential executive order, rather than legislation approved by the country’s parliament. Subsequently, the NSC ordered terminal operators and shipping lines “to reduce certain charges, increase free storage time and take other steps intended to affect service and pricing levels”.
The second action argued that the NSC’s order was beyond its powers. The new drivers of Europe's geopolitics. Maersk introduceert 's werelds langste shortsea service. ‘Violent’ piracy in South-east Asia offsets slide in attacks. Arbitrator rules Panama locks contractor can seek $223 million. Panama Canal answers Nicaragua project with reduced tolls and a loyalty scheme. Samenwerking CMA CGM en Multiparques in haven Angola. Drewry: winstgevendheid containervaart verbetert in 2015. Thales va moderniser la conduite de tir du Charles de Gaulle. Panama Canal proposes new tolls, carrier loyalty program. WCA opens world's largest freight forwarding event. Manaus, Brazil terminal aims to expand container capacity by two-thirds. New bid for reconciliation on contracts as US west coast port congestion worsens. Cargolux announces 'repudiation' of collective work agreement.
World's biggest carriers grew again last year as ever-bigger boxships arrived. APMT2 breidt nu al uit. 'Morten Maersk' loopt binnen in Wilhelmshaven. Maersk revamps weekly India-East Africa service. Nieuw tariefsysteem Panamakanaal. Panama Canal agrees to pay cost overruns, advancing expansion project. Panama Canal OKs new transshipment container terminal. Beer pipeline to cut truck traffic, emissions in Belgium. Gdansk port moves to privatize multipurpose terminals. Perils of the sea. Transaero declares 'mayday' MOL goes 'on the offensive' with new year order for 20,000teu mega-containerships. MOL says it will operate ships of 20,000 TEUs in cost-cutting effort. Strong growth for Asian terminals in 2015, HSBC predicts. 18,300 teu Marstal Maersk calls at APM Terminals Maasvlakte II. CMA CGM and logistics group Multiparques join together in Angola. SX-class OOCL Taipei christened in Shanghai.
Outdated Hong Kong port will have to move, latest study advises. Les investigations se poursuivent à bord du Norman Atlantic. Japanese government takes major stake in container terminal. Recordoverslag voor Hamburg. Toch bemiddelaar arbeidsconflict Amerikaanse havens. Funding issues dog Nicaragua and Panama canals. CMA CGM releases details of east-west network within Ocean Three Alliance. NYK, APMT to jointly develop auto terminal at Pipavav. Pork shipments vault Brazil into major food supplier to Russia.
Balkans rail deal to add link in China-Europe network. EU ziet streng toe op allianties. 'Pieter Schelte' op 10 januari in Rotterdam. E-commerce and 3D-printing – the shape of things to come for our supply chains. US economy grows by most in a decade on consumer-spending gain. Clear sailing on the Pacific for Matson as Horizon takeover strengthens core market. Logistics benefiting from China’s rapid e-commerce growth. 'TUI zet reder Hapag-Lloyd in de etalage' Eucap Nestor … la décision adoptée d’ici la fin juillet ? Containers - Rena captain charged as 70 containers fall from ship. UNCITRAL. Supply Chain Innovations Today | Linking Innovations with Innova.
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