-
22
Mar
Japanese shipper K Line, MOL, NYK to merged as ONE
News Source: American Shipper Japan’s “Big 3” ocean carriers are scheduled to set sail as a single joint venture shipping company in April, dubbed the Ocean Network Express. The container shipping landscape, which has seen its share of changes in…
Read more -
22
Mar
March 2018 Trump Tariff on Imports from China
Solar panels, 4 years of quota limit, started from 2/7/2018: Annual quota sets: an annual aggregate quantity of 2.5 gigawatts, Additional duty applied after quota is met: In addition to those applicable under subheading 8541.40.60: If entered during the period…
Read more -
22
Mar
YMM, OOCL and ONE to launch joint intra-Asia loop
The new loop will link South China and Japan with Southeast Asia, utilizing four vessels averaging 4,754 TEUs. News Source: American Shipper Yang Ming, OOCL and ONE in April will launch a new joint intra-Asia service connecting South China and…
Read more -
31
Aug
Hanjin shipping talks bankruptcy
Source: www.joc.com The bankruptcy and apparent unraveling of Hanjin Shipping on Wednesday — the world’s seventh-largest container line — following the withdrawal of support from its creditors after a lengthy period of financial distress, will cause an immediate upward adjustment in US import rates and…
Read more -
02
Aug
Ocean Alliance plans to Deploy largest ship seen at US Port
Source: www.joc.com The 18,000-TEU CMA CGM Benjamin Franklin, pictured in San Francisco Bay during a call to the Port of Oakland in February, could be one of the mega-ships the Ocean Alliance plans to deploy to the U.S. West Coast.…
Read more -
14
Jul
Longer turn times at Long Beach Ports cost shippers
Source: www.joc.com The average visit to the Long Beach Container Terminal, the gates of which are pictured, took 69 minutes in June. Credit: AJ Edmond Truck lines in Los Angeles-Long Beach got slightly longer in June, much to the chagrin…
Read more -
28
Apr
Two Major Carriers in Merger Talk!
Source: www.joc.com Standard & Poor’s has placed Hapag-Lloyd on negative credit watch because of uncertainty over the impact of a potential merger with United Arab Shipping Company on the German carrier’s capital structure and financial leverage. “The potential merger, in…
Read more -
21
Apr
US Congress turns eye toward SOLAS container weight rule
Source: www.joc.com Mark Szakonyi, Executive Editor, JOC.com | Apr 06, 2016 2:04PM EDT WASHINGTON — The U.S. Congress will look into the impact the global SOLAS container weight rule will have on exporters next week, the latest sign of how some shippers’ frustration with…
Read more