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Maritime News

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Thu, 23 Apr 2015 21:25:16 +0000
European shippers are stepping up their scrutiny of shipping alliances, launching their own review of the massive vessel-sharing agreements. Sixteen of the world’s 20 largest container carriers are members of the four so-called “mega-alliances”: 2M, Ocean Three, G6 and CKYHE. And although the alliances received the go-ahead from global regulators, the...

Wed, 22 Apr 2015 13:22:14 +0000
Japan posted a monthly trade surplus for the first time in nearly three years in March, as exports grew on the back of a weaker yen, led by robust U.S.-bound shipments, while imports tumbled due largely to lower oil prices. Japan’s exports to the rest of the world rose for the...

Tue, 21 Apr 2015 20:52:09 +0000
The Port of Portland, Oregon, is doing its best to keep containerized cargo moving up and down the Columbia River, even if it means encouraging freight to move to Seattle and Tacoma until the port can attract new liner services. “Our mission at the port is to promote imports and exports...

Tue, 21 Apr 2015 19:32:06 +0000
Container ship lines on the Far East-North Europe trade are fighting a losing battle to halt a plunge in rates by canceling sailings, Alphaliner reports in its latest weekly newsletter. The spot-rate index of the Shanghai Containerized Freight Index fell to $399 per 20-foot-equivalent unit April 17, but some rates were...

Tue, 21 Apr 2015 19:06:05 +0000
Container lines continue to see their operating costs fall thanks to the steady decline in their largest cost, bunker fuel. Some of those savings are passed onto shippers through lower fuel surcharges. Click to enlargeThe average price of a metric ton of high-sulfur diesel fuel in Rotterdam in the week ending...

Tue, 21 Apr 2015 09:25:42 +0000
SINGAPORE — Mega-ships and the large container carrier alliances will cause long-term headaches for shippers, believes David Panjwani, John Deere’s global logistics manager for Asia and Africa.Despite the alliances providing more port offerings and more fixed weekly sailings, there will be more calls per string and more slow-steaming, Panjwani told...




 
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