Ocean Ports & Carriers: Page 97

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
South Carolina Ports Authority
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
Hapag-Lloyd
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.
Ocean Ports & Carriers
International Maritime Organization Adopts Fuel Consumption Reporting Rule To Mitigate Climate Change
International Maritime Organization (IMO)
The Marine Environment Protection Committee (MEPC) of the International Maritime Organization (IMO) has approved mandatory requirements for ships to record and report their fuel consumption.
The Marine Environment Protection Committee (MEPC) of the International Maritime Organization (IMO) has approved mandatory requirements for ships to record and report their fuel consumption.
3PL/4PL
Food Exporters Ask Congress For Help On Weight Container Rule
U.S. shippers say they weren’t adequately consulted about the rule, which was adopted in 2014 as an amendment to the Safety of Life at Sea Convention, or SOLAS, by the United Nations’ International Maritime Organization.
Tyson, one of the world’s largest food companies, which shipped more than 40,600 refrigerated containers in 2015, has previously said that carriers’ proposed treatment of the new IMO measure could add millions of dollars to annual transportation expense.
Ocean Ports & Carriers
Shippers Ask Congress to Weigh in on New Container Rule
Exporters say a rule requiring them to verify the weight of containers will raise transportation costs
conatiners pilingup PortofLA 571910800cc75
Ocean Ports & Carriers
Big Ocean Carriers Form Asia-To-Europe Alliance
CMA CGM
The new grouping, to be called the Ocean Alliance, also will include Hong Kong’s Orient Overseas Container Line and Taipei-based Evergreen Marine.
The Ocean Alliance eventually will make room for Singapore’s Neptune Orient Lines Ltd., which agreed to be bought in December by CMA CGM.
Ocean Ports & Carriers
Port Authority Of New York And New Jersey Bids For No. 1 Spot
Port Authority of New York and New Jersey
The Port Authority aims for the New York area to surpass the ports of Los Angeles and Long Beach, Calif., to become the busiest U.S. gateway for imports and exports.
With about 60,000 containers passing through the port’s terminals each week, even small delays can cost retailers, manufacturers and other importers thousands of dollars.
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