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Port of NY/NJ’s APMT terminal receives its largest vessel ever

The 14,414-TEU CMA CGM Theodore Roosevelt was able to reach the terminal thanks to the port authority’s $1.6 billion Bayonne Bridge Navigational Clearance Project, which raised the clearance under the crossing from 151 feet to 215 feet.

Shipping NewsPosted on: September 8, 2017

Chinese regulators green light COSCO-OOIL deal

China COSCO SHIPPING’s acquisition of the parent of Hong Kong-based liner carrier Orient Overseas Container Line (OOCL) earlier this week received approval from China’s State-owned Assets Supervision and Administration Commission, OOIL said in a statement.

Shipping NewsPosted on: September 8, 2017

FTR: Class 8 orders continues to rise in July

Net orders for North American Class 8 trucks totaled 20,700 units in April 2017, up 14 percent from the previous month and 50 percent from the previous year, according to freight transportation analyst FTR.

Shipping NewsPosted on: September 8, 2017

CEO of metals company jailed for illicit exports

Erdal Kuyumcu, the chief executive officer of Woodside, N.Y.-based Global Metallurgy, was sentenced to nearly five years in prison following his June 14, 2016 guilty plea for conspiracy to illegally export a controlled metallic powder to Iran.

Shipping NewsPosted on: September 8, 2017

Washington state to pilot ‘pay-per-mile’ highway funding program

Due to an increasing gap between revenues and costs, the state of Washington in early 2018 will test a program that will have 2,000 volunteers “paying” taxes for road improvement by the mile, instead of via a gas tax.

Shipping NewsPosted on: September 8, 2017

Commerce finds dumping of steel rod imports

The Commerce Department has reached affirmative preliminary determinations in its dumping investigations of steel wire rod imports from Belarus, Russia and the United Arab Emirates.

Shipping NewsPosted on: September 8, 2017

Maersk partners with Microsoft, EY on maritime insurance blockchain

The group has created a blockchain platform built on Microsoft Azure technology for shippers, brokers, customers and third parties in the maritime insurance industry that is slated for rollout in 2018.

Shipping NewsPosted on: September 8, 2017

Port of Long Beach posts third-best monthly container volumes ever

Terminals at the Port of Long Beach handled 692,375 TEUs of containerized cargo in August 2017, an 8 percent improvement from 641,029 TEUs in the same month a year ago, according to recent data from the Southern California port.

Shipping NewsPosted on: September 7, 2017

South Carolina International Trade conference postponed

Due to the potential impact of Hurricane Irma, the trade conference held annually in Charleston will be postponed until Oct. 30-Nov. 1.

Shipping NewsPosted on: September 7, 2017

Regulatory Digest – September 7, 2017

Shipping NewsPosted on: September 7, 2017

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  • Gemini Shippers joins coalition seeking suspension of detention and demurrage charges
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  • Accessories Council Introduces Its Business Workshop on Nov 15
  • Americans for Free Trade coalition urges USTR to extend exclusions for products covered by the Section 301 China tariffs before they expire
  • Gemini Shippers Group joins assocition in letter to USTR on Vietnam Section 301 tariffs.
  • Federal Maritime Commision – Covid-19 Supply Chain Investigation Shifts Focus to NY/NJ in Phase Two
  • ONE reports $192 million loss in second quarter
  • C.H. Robinson’s net income jumps by over 46 percent
  • ITC weighs testimony in aluminum AD/CVD case
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Gemini Shippers Association

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Fashion Accessories Shippers Association

www.fasa.nyc

137 West 25th Street, 3rd Floor
New York, NY 10001
info@fasa.nyc
212-947-3424