You are in: Index / News & Press / Rss

|  RSS

Journal of Commerce

  • Power outage to disrupt JNPT operations

    As the government of India works to avert a dockworker strike threat, Jawaharlal Nehru Port Trust (JNPT), the country’s busiest container handler, will temporarily suspend operations at all terminals on Monday because of a power outage meant for electrical upgrades in the harbor.  The power shutdown will begin 8 a.m. and...


  • Surviving in a Flawed Ocean Carrier Market

    Much has been said and written about ocean carrier pricing models being flawed. Having started in the business as an assistant pricing manager, I can say if flawed means pricing below costs, then yes, it’s flawed. And there’s no question that a lot of the flawed pricing actions are self-inflicted...


  • Car carrier, ro-ro operators set sights on project cargo

    Car carrier and ro-ro operators such as Wallenius Wilhelmsen, Hoegh, “K” Line, and Grimaldi have invested in a new generation of ships featuring adjustable decks and large openings for oversize cargo, and reinforced ramps that can handle loads of up to 500 metric tons. “When you design your vessel with...


  • Cosco liner unit back in black after solid first quarter

    Cosco Shipping Holdings bounced back from its huge 2016 loss with a profit of $39 million in the first quarter, driven by its container division that reported surging volumes and a solid increase in revenue.Cargo volume at Cosco Shipping Lines, which operates a fleet of 327 container ships, shot up...


  • Brazilian ports hurt by general strike but less than feared

    Large crowds gathered throughout Brazil to oppose the policies of president Michel Temer. A general strike that brought Brazil to a standstill impacted the country’s ports, especially the largest port of Santos, less than originally feared. The strike hit Santos, which handles 36 percent of Brazil’s container cargo, with “paralysis and dislocations”...


  • ILWU moves forward on contract extension

    Contract extension talks would focus on issues such as pay in an effort to avoid complications around thornier topics. In an historic move with the potential to ensure labor peace on the West Coast for five more years, a caucus of the International Longshore and Warehouse Union Friday voted to send...


  • KCS sees Lazaro Cardenas as outlet for US resins

    A Kansas City Southern train outside the port of Lazaro Cardenas, which the railway hopes can capture US resin exports bound for Asia. Kansas City Southern (KCS) is positioning its Mexican network as an alternative export route for plastic resins produced around the US Gulf Coast, sending it through the Pacific Coast...


  • Trans-Pac spot rates spike without GRI

    Carriers have been rewarded for their efforts to match supply and demand with a trans-Pacific spot rate jump without the pressure of a general rate increase. Spot rates in the eastbound Pacific this week went up for the first time since mid-January, and the increases were substantial — 21 percent to...


  • Congressional hearings to probe alliances’ pricing power

    Tugboat operators are leading the push for Congress to ensure the new shipping alliances don't have too much power over the pricing of third-party services. WASHINGTON — US lawmakers next week are expected to question container lines, marine terminals, and the Federal Maritime Commission (FMC) on allegations that the major shipping...


  • Houston rides Asian services to double-digit growth

    Traffic is surging at Port Houston ahead of an anticipated boom in exports of plastic resins. New Panama Canal services from Asia helped drive a 22 percent year-over-year increase in Port Houston’s laden container volume during a first quarter marked by ongoing major construction and unusually foggy weather. Twenty-two days of heavy...


Top Stories headlines from www.lloydsloadinglist.com

Network Directory South America Africa Central America North America Europe Oceania Asia
 
 

|  LATEST NEWS

GLB NEW YORK AND LOS ANGELES CELEBRATES 20 YEARS OF SUCCESS

We want to congratulate Transcon Shipping Co., Inc on their 20th anniversary!  

 
Join the Elite