Filed in Ocean Cargo
Monday, March 26, 2012
Oversupply of container vessels operating on the Asia – Europe trade lane has pushed Maersk Line’s container freight rates to unsustainably low levels.
Friday, March 23, 2012
Flags of Convenience should be reigned in to provide more opportunity for U.S. mariners
Thursday, March 22, 2012
Amid all the fanfare made yesterday with the arrival of MSC’s “mega” vessel at the Port of Oakland, industry experts remain doubtful that this signals a Transpacific trend
Wednesday, March 21, 2012
When one of the world’s largest cargo vessels enters San Francisco Bay today, shippers will witness a new era also being ushered in
Tuesday, March 20, 2012
The Port of Oakland welcomes the largest containership ever to call any seaport in North America today
Friday, March 16, 2012
In a response to shippers’ seeking sourcing alternatives, COSCO Container Lines Americas, Inc. has introduced a new service connecting Asia and the Gulf of Mexico via the Panama Canal
The Alternative Site Framework program expands upon the benefits already granted within the FTZ program in an efficient way.
Wednesday, March 14, 2012
Having played their hand on an earlier rate hike announcement, the 15 member carriers in the Transpacific Stabilization Agreement (TSA) are recommending a further increase of $400 per 40-foot container (FEU) effective April 15, 2012
Tuesday, March 13, 2012
“Regional cooperation” was gaining traction as a marketing tool for U.S. seaports seeking to aggregate vessel calls in the past. But a recent development suggests that it may have been just so much happy talk.
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Monday, March 12, 2012
Container freight rates in the westbound Asia-Europe corridor increased by 114 percent this week