Maritime News

A federal bankruptcy judge on Friday agreed that non-vessel-operating common carriers should be covered by part of a protective order granted two weeks ago that was intended to help smooth the release of tens of thousands of containers trapped on Hanjin Shipping vessels and terminals around the globe.


Eight dockworkers boarded a container ship berthed at Santos as part of ongoing industrial action in the harbor.

With the crisis unlikely to abate soon, complaints of inappropriate pricing practices related to Hanjin Shipping cargo will most likely continue to surface.
Hanjin Shipping told a bankruptcy court in Newark, New Jersey Friday that railways, terminal operators and container lessors are price gouging the South Korean line’s shippers by asking those cargo owners to pay more than usual to bring freight into US ports, in the wake of Hanjin’s recent bankruptcy filing.

The costs and liability for Hanjin Shipping containers have been some of the biggest concerns for members of the supply chain since the world's seventh-largest container line went bankrupt.
Hanjin Shipping told a US District Bankruptcy Court Friday how it would handle the late return of containers.

US Customs and Border Protection has given the Advanced Qualified Unlading Approval pilot program a thumbs up.
US importers stand to see faster clearance of their containers as Customs and Border Protection expands a pilot providing pre-clearance of shipments from four ports to every port in the country.

Trans-Pacific spot rates remained stuck in a narrow range this week even though the trade was roiled by the Hanjin Shipping bankruptcy and vessels are approaching full utilization.

Asia-Pacific container lines could be in the best position they have been in for years when contract talks start later this year.

One way for container lines to cut costs without impacting service is technology, but the current market means some efforts have been put on hold or abandoned.
An intense focus on cost cutting by carriers is having an impact on customers.

A stronger export season is taking shape  in the westbound trans-Pacific.


“K” Line accuses APL Logistics of telling the latter’s customers that the Japanese container line could go bankrupt.