Maritime News

Drewry spot rate chart
General rate increases in the trans-Pacific count on participation from all carriers to be successful, and are hurt when one carrier or several discount prices on the eve of a hike, Transpacific Stabilization Agreement executive administrator Brian Conrad says.

Hamburg Süd said it has taken steps to combat significant delays in vessel arrivals and departures at the ports of Los Angeles and Long Beach as severe congestion at the largest port complex in the Americas has reached a new level of intensity.

Port of Los Angeles Executive Director Gene Seroka assured footwear importers meeting in Long Beach Tuesday that the Southern California ports have proposals that could provide some immediate relief to the worsening congestion problem in the harbor.

The Ocean Three Alliance of CMA CGM, China Shipping and United Arab Shipping Co. has received U.S. regulatory clearance without the standard 45-day review by the Federal Maritime Commission, but Commissioner Richard Lidinsky isn’t happy about it.

CMA CGM
With reefer volumes surging, the world's third-largest carrier says it bought new refrigerated containers as part of a larger effort to handle 1 million reefer TEUs annually by 2015

North Sea Route
Shipowners operating in the Arctic and the Antarctic caught a glimpse of the first set of international regulations on the trade today, the first full draft of laws aimed at reeling in the shipping's Wild West.

The CKYHE Alliance said today it would expand its coverage once again — this time opening up the scope of the alliance's trade loops to the United States.

Ships lined up at the Port of Long Beach. Source: @sbogucki12
In a reminder of the parking lot that the San Pedro Bay became during the 2002 lockout by the Pacific Maritime Association of ILWU workers, container ships are backed up once again off the ports of Los Angeles and Long Beach waiting for days for a berth as gridlock descends on the largest port complex in the Americas.

Emissions Map
The largest group of carriers in the trans-Pacific trade lane today unveiled a revised low-sulfur surcharge meant to tackle the costs associated with switching to the fuel in emissions control areas in North America on Jan. 1.

UPS will raise freight rates for air and ground packages, domestic and international shipments and less-than-truckload freight by 4.9 percent on average Dec. 29, the company said Monday.