Shippers struggle to gauge financial health of alliance partners Shippers are being urged to have a good look at the financial situation of carriers before committing their cargo, but that is going to be a complicated procedure once the… Shippers struggle to gauge financial health of alliance partners Journal of Commerce
Read More →Shippers struggle to gauge financial health of alliance partners
on September 27, 2016in Industry News
After Hanjin collapse, US maritime regulator suggests alliance failsafes
on September 26, 2016in Industry News
After Hanjin collapse, US maritime regulator suggests alliance failsafes NEW YORK — A US federal maritime commissioner on Monday said that alliances may have to prove they have emergency procedures in case a member carrier collapses after Hanjin Shipping did just that, hurting its own customers and… After Hanjin collapse, US maritime regulator suggests alliance […]
Read More →Productivity sags at top global ports
on September 26, 2016in Industry News
Productivity sags at top global ports Productivity levels at the world’s top 30 container ports have shown little sign of improvement over the past two years and ports in several world regions are showing worrying levels… Productivity sags at top global ports Journal of Commerce
Read More →Hanjin: Rails, terminals and container lessors gouging US shippers
on September 23, 2016in Industry News
Hanjin: Rails, terminals and container lessors gouging US shippers Hanjin Shipping told a bankruptcy court in Newark, New Jersey Friday that railways, terminal operators and container lessors are price gouging the South Korean line’s shippers by asking… Hanjin: Rails, terminals and container lessors gouging US shippers Journal of Commerce
Read More →Hanjin says it won't charge US shippers for late return of containers
on September 23, 2016in Industry News
Hanjin says it won't charge US shippers for late return of containers NEWARK, New Jersey — Hanjin Shipping told a US District Bankruptcy Court Friday that it would not charge shippers for late return… Hanjin says it won't charge US shippers for late return of containers Journal of Commerce
Read More →Hanjin tells US court it won’t charge for late return of containers
on September 23, 2016in Industry News
Hanjin tells US court it won’t charge for late return of containers NEWARK, New Jersey — Hanjin Shipping told a US District Bankruptcy Court Friday that it would not charge shippers for late return… Hanjin tells US court it won’t charge for late return of containers Journal of Commerce
Read More →High ship utilization unable to lift trans-Pacific spot rates
on September 23, 2016in Industry News
High ship utilization unable to lift trans-Pacific spot rates Trans-Pacific spot rates remained stuck in a narrow range this week even though the trade was roiled by the Hanjin Shipping bankruptcy and vessels are… High ship utilization unable to lift trans-Pacific spot rates Journal of Commerce
Read More →Asia-Europe liners entering contract season in best shape in four years
on September 23, 2016in Industry News
Asia-Europe liners entering contract season in best shape in four years Container lines on the Asia-Europe trade will be in a relatively strong position when they go into contract negotiations later this year with skittish shippers sure… Asia-Europe liners entering contract season in best shape in four years Journal of Commerce
Read More →Cargill says liner cost-cutting hurting service further
on September 23, 2016in Industry News
Cargill says liner cost-cutting hurting service further Container shipping lines are pouring enormous energy into bringing down their costs and capitalizing on the low bunker price environment, which is a small… Cargill says liner cost-cutting hurting service further Journal of Commerce
Read More →‘K’ Line accuses APL Logistics of falsely telling shippers bankruptcy possible
on September 22, 2016in Industry News
‘K’ Line accuses APL Logistics of falsely telling shippers bankruptcy possible “K” Line accuses APL Logistics of telling the latter’s customers that the Japanese container line could go bankrupt, an allegation that underscores how sensitive the container shipping industry is after Hanjin Shipping’s collapse three weeks ago. In a Thursday… ‘K’ Line accuses APL Logistics […]
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