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CMA CGM says APL purchase will make it largest carrier in U.S. trades

With 30 percent volume growth in cargoes to and from the United States during 2015 and its acquisition of the container operations of APL, the French ocean carrier expects to jump ahead of industry leaders MSC and Maersk Line in the U.S. trade lanes.

Shipping NewsPosted on: February 22, 2016

G6 Alliance voids multiple sailings on Asia-Europe loop

The ocean carrier alliance announced it will skip several sailings on its Asia-Europe Loop 6 service for a period of 11 weeks in response to changes in market demand.

Shipping NewsPosted on: February 19, 2016

USCG: Don’t expect delays to SOLAS container weight regulations

United States Coast Guard officials made it clear at a Federal Maritime Commission hearing Thursday in Washington, D.C. the shipping industry will have to comply with International Maritime Organization verified gross mass requirements on July 1.

Shipping NewsPosted on: February 19, 2016

Shanghai port volumes fall 7% in January

The Chinese port handled 2.94 million TEUs of containerized cargo for the month, according to data from the Shanghai International Port (Group) Co.

Shipping NewsPosted on: February 19, 2016

FedEx announces $0.25 dividend

The board of directors of FedEx Corp. declared a quarterly dividend payable April 1 to shareholders of common stock.

Shipping NewsPosted on: February 19, 2016

UPS confirms appeal of FedEx-TNT deal approval in Brazil

FedEx Corp.’s archrival said it is appealing the unconditional regulatory approval of the $4.8 billion acquisition “as part of ensuring a fair and thorough investigation,” according to a report in the Wall Street Journal.

Shipping NewsPosted on: February 19, 2016

Spot container rates drop 14.2%

The overall reading of the Shanghai Containerized Freight Index has continuously declined since Dec. 31, but many ocean carriers will attempt to implement general rate increases starting in March.

Shipping NewsPosted on: February 19, 2016

Port Metro Vancouver 2015 throughput declines despite container growth

The Canadian port reported container volumes rose 4.9 percent year-over-year to 3.1 million TEUs in 2015, a record for Port Metro Vancouver, due to increased trade with Asia.

Shipping NewsPosted on: February 19, 2016

Global airport cargo volumes rise 2.3 percent in 2015

Airports Council International attributed the modest growth during the year largely to subdued growth in emerging markets and developing economies, in addition to a more modest recovery in advanced economies.

Shipping NewsPosted on: February 19, 2016

Antwerp receives vessel with draft over 15.5 meters

Pilots at Belgium’s largest port maneuvered to berth Maersk Line’s 15,000-TEU containership Eleonara Maersk, the deepest-draft vessel to ever call at the Port of Antwerp.

Shipping NewsPosted on: February 19, 2016

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Fashion Accessories Shippers Association

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