A Feb. 1 rate hike of $100 from the U.S. West Coast and $200 from the East and Gulf Coasts is necessary because some cargo fetches rates that “make them less attractive to carriers than repositioning empty containers,” TSA said in a statement.
GAO: U.S. LNG exports will require 100 ships
A proposed requirement for U.S. construction, registration and crewing could create jobs, but would also make exporting liquid natural gas from the United States more expensive, according to a recent study from the Government Accountability Office.
Report: Port of L.A. let China Shipping skirt clean-air mandates
The Los Angeles port authority allegedly undercut an emissions-reduction agreement that was a condition for terminal expansion in order to help China Shipping ride out a tough financial period, according to a report in the Los Angeles Times.
House passes Customs reauthorization bill
The Customs bill formalizes many reforms designed to facilitate trade, reduce red tape at the border and improve enforcement of U.S. trade laws
IMO welcomes COP21 agreement to control global warming
The omission of the shipping industry from the text of the climate change agreement will not diminish the International Maritime Organization’s “strong commitment” as a regulator of greenhouse gases from shipping, the group said in a statement.
BlueWater Reporting Carrier Report: APL sale rumors turn to reality
The latest BlueWater Reporting Carrier Report gives readers an industry insider perspective of the potential sale of NOL to CMA CGM, the company’s recent financial performance, and an analysis of APL’s fleet and network.
Port of Salalah inaugurates new cargo terminal
A deep water general cargo and liquid bulk terminal opened at the Port of Salalah, allowing the port to handle 20 million more tons of dry cargo and six million more tons of liquid bulk cargo each year.
Airport cargo volumes see sluggish growth in October
Airport cargo volumes increased 0.3 percent year-over-year in October, as major freight hubs posted mixed results.
Two ship engineers indicted for illegal oil discharges
A federal grand jury in Greenville, N.C. on Friday returned a nine-count indictment charging two ship engineers employed by Oceanfleet Shipping Ltd. with crimes related to the illegal discharging oily waste directly into the sea.
GRI Roundup: CMA CGM and Hapag-Lloyd
The French ocean carrier CMA CGM and the German ocean carrier Hapag-Lloyd announced general rate increases on various trades.