Ocean Ports & Carriers: Page 85

Transportation
New Shipping Alliance To Include Major Asian And European Carriers
The deal involves Japan's Nippon Yusen Kabushiki Kaisha, Kawasaki Kisen Kaisha Ltd. and Mitsui O.S.K. Lines Ltd.; Germany’s Hapag-Lloyd AG; South Korea’s Hanjin Shipping Co. and Hyundai Merchant Marine Co.; and Taiwan’s Yang Ming Marine Transport Corp.
13100 TEU Class HANJIN SOOHO 57348c0a31532
Transportation
West Coast Ports Remained Busiest U.S. Ports Despite Labor Woes In 2015
The ports of Los Angeles and Long Beach, Calif., maintained the first and second spots, respectively, as the leading U.S. ports despite volume losses caused by labor disputes in 2015.
Datamyne us port report 2015 1 1 57289fc36b9fc
Ocean Ports & Carriers
East Coast Ports Not Ready For Enhanced Panama Canal
As the wider, deeper canal nears its debut next month, ports that stand to gain aren’t ready to handle the bigger ships that will come through.
Another possible drag on new canal traffic is the slumping global economy, which has pummeled shipping rates and left many cargo ships idle.
Ocean Ports & Carriers
Ocean Carriers Mull Carbon Emissions Rules
The shipping sector, like aviation, was excluded from any target cuts under last year's Paris climate deal, which set a goal of restricting the rise in global average temperature to less than 2 degrees Celsius.
The International Maritime Organization (IMO), the U.N. agency responsible for regulating pollution from ships, forecasts CO2 emissions from vessels rising anywhere between 50 percent and 250 percent by 2050 in its 'business as usual' case, as economies grow and trade increases.
Warehousing
Container Carriers Negotiate Third Ocean Carrier Alliance
The companies at stake are Hapag-Lloyd, Hanjin, Hyundai Merchant Marine (HMM), MOL, NYK, ‘K’ Line, Yang Ming, and UASC, along with Hamburg Sud which has a series of agreements with UASC.
The companies at stake are Hapag-Lloyd, Hanjin, Hyundai Merchant Marine (HMM), MOL, NYK, ‘K’ Line, Yang Ming, and UASC, along with Hamburg Sud which has a series of agreements with UASC.
Ocean Ports & Carriers
European Commission Approves CMA CGM Acquisition Of Neptune Orient Lines
CMA CGM
The proposed voluntary general cash offer for NOL will be launched when all the pre-conditions to the offer as announced on 7 December 2015 have been satisfied or (where applicable) waived.
The Port of New Orleans welcomed a new weekly European service from French container carrier CMA CGM.
Ocean Ports & Carriers
Port Of Charleston To Help Exporters With Challenging Container Weight Rule
The Port of Charleston is offering to weigh containers using existing scales that trucks drive over to enter the port.
PortofCharleston 56e6dc71d79bb
Ocean Ports & Carriers
U.S. Coast Guard Clarifies Container Weight Policy
International Maritime Organization (IMO)
The Coast Guard filed this equivalency due to apparent misunderstandings about the sufficient flexibility in the SOLAS regulation to allow for various methods of calculating, verifying and communicating verified gross mass, VGM.
It is the Coast Guard’s desire to put at ease carriers who have voiced concerns regarding the SOLAS amendments and the associated voluntary implementation guidelines, said Rear Admiral Paul Thomas, assistant commandant for prevention policy.
Ocean Ports & Carriers
Panama Canal Expansion Won’t Redirect Cargo To East Coast Ports
CBRE Research
East Coast and Gulf Coast ports are likely to see a gradual increase in container volumes from Asia over many years according to David Egan, head of industrial research in the Americas for CBRE.
The opening of the Panama Canal’s new wider, deeper locks, isn’t likely to send a wave of new cargo to the East Coast, industrial real estate brokerage CBRE Inc.
Ocean Ports & Carriers
Slowdown In Global Trade Hammers Port Activity
Overall trade rose just 2.8 percent in 2015, according to the World Trade Organization, the fourth consecutive year below 3 percent growth and historically weak compared with global economic expansion.
Brazil's Port of Itajai in Santa Catarina.
Ocean Ports & Carriers
Maritime Administration Awards $ 4.9 Million To Strengthen U.S. Shipyard Competitiveness
Provided through the Small Shipyard Grant Program, the funding supports industrial modernizations that increase productivity, allowing our Nation’s small shipyards to compete more effectively in the global marketplace.
MARAD received 118 grant applications requesting $80 million in assistance, far exceeding the $4.9 million made available for the grants.
Ocean Ports & Carriers
G6 Alliance To Send 10,000 TEU Ships Through Panama Canal
The G6, which comprises APL, Hapag-Lloyd, HMM, MOL, NYK, and OOCL, will launch anew its new NYX service later this year, although it did not give a date for the launch.
The announcement comes in the week that the alliance discovered it is to lose another member next year, when OOCL joins the proposed Ocean Alliance with CMA CGM, Evergreen and Cosco Container Line. APL will also leave the alliance when its sale to CMA CGM is completed.
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