Maritime

The Journal of Commerce is the industry’s source for maritime news and analysis about ocean container shipping, logistics, supply chains, global shipping ports, shipping technology solutions and end-to-end connectivity. Coverage tracks the movement of containerized cargo — from origin to destination — handled by marine terminals in the US and abroad, depots, container ports, container lines, drayage, consignees and shippers, forwarders, non-vessel operating common carriers (NVOCCs) and off-dock warehousing providers, as well as pricing, capacity, volume and reliability on the trans-Pacific, Asia-Europe, North America-Caribbean, Central and South American and intra-Asia trades.

The latest Maritime News & Analysis

ILWU Negotiations to Begin May 12, Employers Say

Bill Mongelluzzo, Senior Editor |
Pacific Maritime Association President Jim McKenna said today the U.S. West Coast employers’ organization will begin contract negotiations with the International Longshore and Warehouse Union on May 12, an announcement that should silence calls from retailers urging an early start to negotiations.
Longshore labor

Retailers Urge ILWU, PMA to Expedite Talks

Joseph Bonney, Senior Editor |
The National Retail Federation urged the International Longshore and Warehouse Union and its West Coast employers to start contract negotiations immediately and to keep bargaining even if they don’t reach a deal before the current agreement expires June 30.
Longshore laborNorth American ports

Miami Group: No Soccer Stadium at Port

Joseph Bonney, Senior Editor |
A group representing cruise operators, stevedores and the International Longshoremen’s Association bought full-page newspaper advertisements to criticize soccer star David Beckham’s proposal to build a 25,000-seat stadium at the Port of Miami.
North American ports

LA-LB Port Merger Seen as Unlikely

Bill Mongelluzzo, Senior Editor |
The neighboring ports of Los Angeles and Long Beach will step up their collaboration if necessary to increase market share in a new era of powerful carrier alliances, but a merger of the two ports does not appear likely.
North American ports

Remote-Controlled Ships in Future?

Joseph Bonney, Senior Editor |
Imagine a cargo ship with no crew and no bridge, operated remotely by a captain from a console on dry land.
Container lines

PIERS: US Containerized Imports Rebound

JOC Staff |
U.S. containerized import volume jumped 15.1 percent year-over-year in March 2014, the largest increase in 13 months, according to advance figures from PIERS, the data division of JOC Group Inc.
Container linesForwarding

Terminal Operators Oppose Shift of Containers From Manila

Greg Knowler, Senior Europe Editor |
Philippine terminal operators believe calls to transfer container-handling operations away from Manila as part of the solution to ease chronic traffic congestion in the city are unrealistic.
International ports

Drewry: Shippers Feel Capacity Cuts

Joseph Bonney, Senior Editor |
Shippers can expect more cargo to be “rolled” to later voyages as container lines continue to cut costs by slow-steaming and laying up vessels, Drewry Maritime Research said in its latest Container Insight Weekly.
Container lines

Big Ships Prompt Singapore to Up Productivity Research

Greg Knowler, Senior Europe Editor |
With productivity a growing battleground among container terminals, Singapore is making a high-profile research investment to ensure its port, the world’s second busiest, remains competitive.
International ports

Bigger Ships Pinch Productivity at Hong Kong

Greg Knowler, Senior Europe Editor |
The Hong Kong port faces challenges on several fronts.
International ports

Deadlock Continues on Baltimore ILA Pact

Joseph Bonney, Senior Editor |
A standoff continues between Baltimore port employers and the International Longshoremen’s Association over a local contract covering non-containerized breakbulk and automobile shipments.
Longshore labor

ILO Backs Protection for Abandoned Seafarers

JOC Staff |
The International Labor Organization voted to support amending an international labor convention by requiring shipowners to provide financial security to compensate seafarers abandoned at ports away from their native countries.
Longshore labor

Ocean Carrier Rate Revision Roundup for April 11

Grace M. Lavigne, Associate Web Editor |
Multiple carriers have planned rate increases in various trade lanes in April and May, although any gains achieved could be fleeting as overcapacity and lackluster global demand continues.
Forwarding

ICTSI to Upgrade Iraq’s Port of Umm Qasr

JOC Staff |
Marine terminals

Osaka Container Trade Hits Record High

Hisane Masaki |
The number of foreign trade containers handled by the Port of Osaka in western Japan rose to a new record high in 2013, according to preliminary figures from the Osaka municipal government.
International portsForwarding

Shippers Press Case in DC to Prevent West Coast Disruption

Mark Szakonyi, Executive Editor |
U.S. shippers in the coming weeks will engage in a full-court press on Capitol Hill and at the White House to voice the importance of preventing labor disruption at West Coast ports as the expiration of the current coastwise longshore agreement approaches.
ForwardingNorth American ports

Port Questions Hapag Low Water Surcharge at Montreal

Grace M. Lavigne, Associate Web Editor |
Hapag-Lloyd plans to implement two low-water surcharges at the Port of Montreal, although some officials are questioning why, as they expect the spring thaw to begin soon.
Container lines

Loss Tops $1 Billion for Ship Financier HSH Nordbank

Bruce Barnard, Special Correspondent |
HSH Nordbank, the world’s largest ship financier, today announced its net loss soared to €814 million ($1.1 billion) in 2013 from €124 million ($172.4 million) in 2012, and said it doesn’t expect the global shipping market to recover before 2015 at the earliest.
Container lines

Declining Market Share Prompts LA-LB Merger Proposal

Grace M. Lavigne, Associate Web Editor |
The Los Angeles 2020 Commission today urged the rival ports of Los Angeles and Long Beach to merge...
North American ports

Virginia Governor: Port’s Losses Must End

Joseph Bonney, Senior Editor |
Virginia Gov. Terry McAuliffe said the state port authority’s operating losses must end, and that he plans “some very substantial changes” to the port board and wants to renegotiate its 20-year lease of APM Terminals’ Portsmouth facility.
North American ports

US Meat Exports Lifted by Growth in Mexico Trade

Grace M. Lavigne, Associate Web Editor |
Despite growing concerns about tight supplies and rising prices, U.S. red meat exports performed well in February...
Container linesCool Cargo News

Hong Kong Dockworkers Strike Still Possible

Greg Knowler, Senior Europe Editor |
Contracted dockworkers at Hong Kong’s Kwai Chung Container Terminals have been told they will receive a 12 percent pay increase, but after last year’s successful strike...
International ports

Maersk to Brand Service Beyond Seven Seas

Peter T. Leach, Editor-at-Large |
In a market where east-west ocean service is becoming a port-to-port commodity, Maersk Line is taking steps to stand out from the rest of the pack by branding its service beyond the ocean voyage.
Container lines

Large Carriers Outperforming Smaller Competitors

Greg Knowler, Senior Europe Editor |
The 2013 financial reporting season for container lines ended for many carriers in a sea of red ink as high bunker prices and weak freight rates combined to drag down profits.
Forwarding

Carrier Alliances to Pressure European Ports’ Intermodal Infrastructure: Drewry

Bruce Barnard, Special Correspondent |
European ports will struggle to handle the revamped services due to be launched by the P3 and G6 carrier alliances due to their weak intermodal transport links, according to Drewry Maritime Research.
International ports

Singapore on Shadong Shopping Tour

Greg Knowler, Senior Europe Editor |
A high-powered Singapore business delegation left for China’s Shandong Province today on a mission to boost exports to the country and attract investors.
Container lines

City Truck Ban Snarling Shipments Through Manila Port

Greg Knowler, Senior Europe Editor |
Manila’s heavy vehicle access restrictions, imposed in February to help ease the city’s notorious gridlock, are frustrating the Philippine shipping and logistics industry.
International ports

Report: US Imports to Rise in April

Bill Mongelluzzo, Senior Editor |
Signaling an end to the winter doldrums and the beginning of a busy spring in the U.S. container trades, Global Port Tracker is forecasting that imports in April will increase 6.1 percent over April 2013.
North American ports

Scandlines’ Earnings Slip on Flat Revenue

Bruce Barnard, Special Correspondent |
Scandlines, the Danish-German ferry operator, posted a 5.5 percent decline in operating profit last year as increased freight volume was offset by lower passenger and auto traffic.
Container lines

Ports Gearing Up to Be LNG-Ready

Peter Tirschwell |
With container shipping barely out of the starting gate with liquid natural gas as a ship fuel, major ports around the world are anticipating a rapid ramp-up of LNG use in shipping and are angling to be prepared.
Container lines

Carriers Strive to Raise Rates in Face of ‘Glum’ Outlook

Greg Knowler, Senior Europe Editor |
Hapag-Lloyd was first carrier to announce the westbound May rate increases even as April 1 GRIs struggle to lift a market weighed down by overcapacity and weak demand.
Container lines

West Coast Trade Grows Along With Shipper Anxiety

Marsha Salisbury, Research Editor |
The ports of Los Angeles and Long Beach handled 40.9 percent of all U.S. containerized imports in 2013, and 25.5 percent of U.S. exports.
ForwardingNorth American ports

Japanese Consortium Invests in Spanish Container Terminal Operator

Hisane Masaki |
A consortium of Japan’s Mitsubishi Corp. and Kamigumi Co. has acquired a 25 percent stake in Spanish container terminal operator TCV Stevedoring Company S.A. (TCV), Mitsubishi said today.
Marine terminals

ILWU Contract to Chart Course for West Coast Ports

Bill Mongelluzzo, Senior Editor |
As West Coast waterfront employers prepare to enter contract negotiations in May with the International Longshore and Warehouse Union, their message to the ILWU is clear: The new contract must keep West Coast ports competitive in the battle among North American ports for discretionary cargo.
Longshore labor

West Coast Ports Focus on Scale and Efficiency

Bill Mongelluzzo, Senior Editor |
The likely emergence of the P3 Network in the second quarter of 2014 will drive the strategic plans of West Coast ports in 2014 and beyond.
Container lines

Saltchuk Unit to Acquire Tropical Shipping

Joseph Bonney, Senior Editor |
A subsidiary of Saltchuk Resources will acquire Tropical Shipping and its related transportation, consolidation and cargo insurance companies from AGL Resources in a deal expected to total $220 million.
Container lines

Hong Kong Marine Department Holds Grounded Ship

Greg Knowler, Senior Europe Editor |
The Marine Department is waiting for the owners of the Hansa Constitution, which ran aground on the south side of Hong Kong island yesterday, to make a decision on how the vessel’s cargo of containers will be removed.
Container lines

Container Ship Runs Aground at Hong Kong

Greg Knowler, Senior Europe Editor |
The German-flagged container ship Hansa Constitution veered off course in the busy Lamma Channel off Hong Kong and ran aground on Sunday afternoon.
Container lines

India's Annual Container Volume Dips

JOC Staff |
The volume of export and import containers handled at major ports in India slid 3 percent year-over-year in fiscal year 2013-14, from April 2013 to March 2014, but total cargo tonnage inched up 1.78 percent, according to the latest traffic data released by the Indian Ports Association.
International ports

Congestion Continues to Challenge Port Metro Vancouver

Bill Mongelluzzo, Senior Editor |
Truck drivers have been back on the job for about one week now at Port Metro Vancouver, but Canada’s largest port remains quite congested, and moving containers into and out of the harbor is a chore.
International portsDrayage