IMO urges countries to allow initial SOLAS enforcement flexibility Shippers, marine terminals and container lines could get some leeway in the first three months of the new SOLAS container weighing rule, after the International Maritime Organization urged its members to exercise “practical and pragmatic” policies when the rule takes effect July 1. In addition to […]
Read More →Survey finds shippers, forwarders fazed over container weight rule
on May 23, 2016in Industry News
Survey finds shippers, forwarders fazed over container weight rule Shippers and freight forwarders are confused over how to comply with an international container weight verification rule that comes into effect on July 1, according to Drewry Maritime Research. And most industry stakeholders expect some delays after the implementation of the amendment to the International Maritime […]
Read More →OOCL details SOLAS container weight enforcement policy
on May 23, 2016in Industry News
OOCL details SOLAS container weight enforcement policy Orient Overseas Container Lines’ shipper customers that fail to properly comply with the SOLAS container weighing rule face penalties, spot checks and shipment delays, the Hong Kong-based container line stated in an FAQ document released last week. The missive — the fourth bulletin issued by OOCL to its customers […]
Read More →Clarity missing in container weight rule, APM Terminals says
on May 23, 2016in Industry News
Clarity missing in container weight rule, APM Terminals says The current lack of clarity surrounding the SOLAS container weighing rule across the container transport industry is creating uncertainty among various supply chain stakeholders, said APM Terminals Senior Vice President Jack Craig.“The deadlines are fast approaching and we are concerned about the ability for everyone to […]
Read More →China’s Yantian terminal will offer container weighing service
on May 23, 2016in Industry News
China’s Yantian terminal will offer container weighing service The main export gateway in the Pearl River Delta will provide container weighing services to help shippers comply with the new SOLAS verified gross mass regulation that will be required for every container being exported around the world from July 1.A total of 20,000 of those laden […]
Read More →Retailer J.C. Penney shifts stock to suppliers to cut inventory
on May 20, 2016in Industry News
Retailer J.C. Penney shifts stock to suppliers to cut inventory J.C. Penney Co. is preparing to test a partnership with supplier Ashley Furniture that will help the $12.6 billion retailer reverse declining sales while reducing its inventory costs. Although J.C. Penney will sell Ashley Furniture products through its stores and online, it will rely on […]
Read More →Hamburg Sud signs up for Inttra container weighing service
on May 20, 2016in Industry News
Hamburg Sud signs up for Inttra container weighing service Hamburg Sud will use the services of Inttra, the U.S.-based shipping electronic marketplace, to ensure compliance with the international container weight regulation that comes into effect on July 1. The Inttra eVGM service will provide the German ocean carrier with submissions from shippers to meet the […]
Read More →Charleston port scraps plan to charge exporters for container weighing
on May 19, 2016in Industry News
Charleston port scraps plan to charge exporters for container weighing The Port of Charleston has scrapped plans to charge shippers for weighing containers, amid other U.S. Southeast ports’ announcements that say they’ll help shippers meet the SOLAS container weight rule for free. The South Carolina Ports Authority — the first port to announce its plans […]
Read More →US Congress asks FMC if liners’ SOLAS approach is lawful
on May 19, 2016in Industry News
US Congress asks FMC if liners’ SOLAS approach is lawful WASHINGTON — The third-ranking Senate Republican has asked the U.S. Federal Maritime Commission to get more involved in mitigating SOLAS container weighing concerns and determine whether container lines and marine terminals’ approaches are consistent with U.S. maritime law. The May 18 letter from John Thune, […]
Read More →China, Japan and the US keep GLP earnings on the rise
on May 19, 2016in Industry News
China, Japan and the US keep GLP earnings on the rise Higher earnings in China, development completion gains in Japan and GLP’s entry into the U.S. market took the logistics property developer to a 48 percent increase in net profit for the financial year ending March 31.The Singapore-listed developer has been aggressively expanding its platform […]
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