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Filed in Ocean Cargo

Tuesday, October 25, 2011

In a move signaling future rate pressure in the nation’s most robust ocean cargo trade lane, Horizon Lines, Inc. announced it will discontinue its Five Star Express (FSX) trans-Pacific container shipping service between the U.S. West Coast, Guam and China
Posted on 10/25 at 03:27 PM
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Friday, October 21, 2011

Robert McEllrath – president of the International Longshore and Warehouse Union, who was arrested recently for leading a riot at the Port of Longview in which six security guards were held hostage – is now encouraging other acts of civil disobedience nationwide
Posted on 10/21 at 10:01 AM
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Thursday, October 20, 2011

The Port of Oakland reached a major funding milestone of nearly $350 million for harbor deepening and maintenance, this week, thereby enhancing its position as a leading U.S. ocean cargo export gateway
Posted on 10/20 at 09:50 AM
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Wednesday, October 19, 2011

The Maritime Union of New Zealand is rightly contending that the responsibility for the Rena disaster lies with Government and authorities as much as with individual crew members
Posted on 10/19 at 02:54 PM
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Tuesday, October 18, 2011

Ocean cargo shippers will have access to more than a million twenty-foot equivalent units (TEUs), thanks to the continuing introduction of new vessel capacity.
Posted on 10/18 at 10:40 AM
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Monday, October 17, 2011

In another important milestone of its Expansion Program, the Panama Canal Authority announced the completion of phase three of the dry excavation project in the construction of the Pacific Access Channel
Posted on 10/17 at 10:41 AM
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Friday, October 14, 2011

In keeping with observations made by shipping analysts in London and Copenhagen, a major U.S. trade intelligence company said ocean carrier capacity continues to outstrip demand
Posted on 10/14 at 09:35 AM
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Thursday, October 13, 2011

The Baltic and International Maritime Council in Copenhagen forecasts inflow of new container tonnage in 2011 to be at 1.3 million twenty-foot equivalent units
Posted on 10/13 at 08:10 AM
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Tuesday, October 11, 2011

While the biggest ocean carriers seek the economies of scale from ever-larger super post-Panamax ships, they run the risk but of introducing too much capacity at the same time, thereby ruining the already fragile supply/demand balance.
Posted on 10/11 at 09:47 AM
BlogsGlobal LogisticsGlobalOcean CargoPermalink


Monday, October 10, 2011

An excess of capacity on key routes, as well as poor discipline from carriers means that container shipping lines will not cover their cost of capital in 2011, and many will lose money once again.
Posted on 10/10 at 06:11 PM
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