Shippers foil DP World Cochin's attempt to charge for VGM service Shippers using the DP World terminal at Cochin forced the terminal to abandon its efforts to charge them for SOLAS verified gross mass, or VGM, compliance via a local… Shippers foil DP World Cochin's attempt to charge for VGM service Journal of Commerce
Read More →Shippers foil DP World Cochin's attempt to charge for VGM service
on September 7, 2016in Industry News
Empty Hanjin boxes stumbling block for drayage providers
on September 6, 2016in Industry News
Empty Hanjin boxes stumbling block for drayage providers As bankrupt Hanjin Shipping prepares to spend $90.7 million to “rescue” loaded containers on stranded ships, a US intermodal executive is worried about stranded empty containers shoreside. “The challenge is what to do with the assets,” Ken Kellaway, president… Empty Hanjin boxes stumbling block for drayage providers […]
Read More →Requests for Hanjin cargo release, money owed flood US courts
on September 6, 2016in Industry News
Requests for Hanjin cargo release, money owed flood US courts Nearly 100 companies are working to either recover expenses from Hanjin Shipping or retrieve stranded cargo via US bankruptcy courts, while others, including tech… Requests for Hanjin cargo release, money owed flood US courts Journal of Commerce
Read More →Hanjin Group to spend $90.7M to rescue stranded containers
on September 6, 2016in Industry News
Hanjin Group to spend .7M to rescue stranded containers Hanjin Group and chairman Cho Yang-ho said Tuesday they would collectively spend 100 billion South Korean won ($90.7 million) to offload containers from Hanjin… Hanjin Group to spend .7M to rescue stranded containers Journal of Commerce
Read More →European shippers push back against terminals on Hanjin fees
on September 5, 2016in Industry News
European shippers push back against terminals on Hanjin fees European shippers and freight forwarders are stepping up efforts to stop ports and terminals demanding “excessive” fees to release containers unloaded from the vessels of Hanjin Shipping, the ailing… European shippers push back against terminals on Hanjin fees Journal of Commerce
Read More →Hanjin collapse takes 150,000 TEU out of Asia-Med trade
on September 5, 2016in Industry News
Hanjin collapse takes 150,000 TEU out of Asia-Med trade Hanjin Shipping’s collapse has been a disaster for shippers across the world, but on the oversupplied Asia-Mediterranean trade it means the sudden removal of 150,000 twenty-foot-equivalent units from the market where it enjoyed a 9… Hanjin collapse takes 150,000 TEU out of Asia-Med trade Journal of […]
Read More →Panama Canal provides ro-ro operators flexibility, savings
on September 3, 2016in Industry News
Panama Canal provides ro-ro operators flexibility, savings The Panama Canal’s expanded locks, which provide container lines with a new route… Panama Canal provides ro-ro operators flexibility, savings Journal of Commerce
Read More →Hanjin bankruptcy fallout headed to inland warehouses
on September 2, 2016in Industry News
Hanjin bankruptcy fallout headed to inland warehouses The bankruptcy of Hanjin Shipping is sending waves of disruption inland, as non-vessel-operating common carriers, shippers, warehouse operators and truckers sort out how and when shipments will be released and moved to distribution points and customers. “There’s definitely… Hanjin bankruptcy fallout headed to inland warehouses Journal of Commerce
Read More →Trans-Pacific spot rates spike as Hanjin flounders
on September 2, 2016in Industry News
Trans-Pacific spot rates spike as Hanjin flounders Spot freight rates on containerized imports from Asia soared this week by more than 44 percent due to previously-filed general rate increases, problems surrounding Hanjin Shipping’s financial woes and very tight capacity as the peak-shipping… Trans-Pacific spot rates spike as Hanjin flounders Journal of Commerce
Read More →Storm halts port work as it moves up East Coast
on September 2, 2016in Industry News
Storm halts port work as it moves up East Coast Tropical Storm Hermine affected port operations from Jacksonville, Florida, to Charleston, South Carolina, as it moved up the… Storm halts port work as it moves up East Coast Journal of Commerce
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