Liner Shipping

Premium Article  Horizon bankruptcy renews demands that Congress abolish the Jones Act

Stas Margaronis | April 24, 2011 | Liner Shipping

The possible bankruptcy of Horizon Lines has renewed calls for Congress to abolish the Jones Act. A bankruptcy will decrease competition in Alaska, Hawaii and Puerto Rico and could spur demands from shippers and consumers there to replace old, fuel-ine Read More »

Premium Article  The new megaships

Peter Buxbaum | April 24, 2011 | Liner Shipping

The 18,000-TEU vessels Maersk has ordered are being built for capacity as well as efficiency.
The capacity of container ships has grown prodigiously in recent years. Less than a decade ago, an 8,000-TEU, or even a 6,000-TEU, vessel was referred to Read More »

Premium Article  The economic costs of piracy

Peter Buxbaum | April 24, 2011 | Liner Shipping | Transport Intermediaries

Could reach $12 billion annually, according to one report
News of ships being abducted by Somali pirates is no longer unusual. On February 25, the Panama-flagged MV IZUMI, which was carrying supplies for humanitarian relief in Somalia, was r Read More »

Premium Article  China Shipping celebrates major terminal expansion at Port of Los Angeles

AJOT | April 24, 2011 | Liner Shipping | Ports & Terminals

New Wharf, State-of-the-Art Cranes to Increase Efficiency and Create Jobs

China Shipping celebrated the completion of a major phase of its terminal expansion project at the Port of Los Angeles, adding a new 925-foot section of wharf, Read More »

NOL Group announces CEO succession plan

AJOT | April 24, 2011 | Liner Shipping

NOL Group announced its executive succession plan to appoint Mr. Ng Yat Chung the next Group President and Chief Executive Officer. Mr. Ng will take over from Mr. Ron Widdows, who will retire from his present post at the end of this year and remain as a Read More »

Toyota Logistics Services recognizes Crowley with Prestigious Logistics Excellence Award

AJOT | April 24, 2011 | Liner Shipping

Toyota Logistics Services recently presented Crowley Maritime Corporation's liner services group with its prestigious Excellence in Quality Award for 2010 in recognition of Crowley's outstanding performance transporting thousands of Toyotas from the U.S. Read More »

CMA CGM says 2nd ship docked in Ivoery Coast

AJOT | April 24, 2011 | Liner Shipping

CMA CGM said its second ship arrived in the port of Abidjan following the company's resumption of services to top cocoa producer Ivory Coast.

The arrival of the CMA CGM Cortes ship followed that of the CMA CGM Rabat, which has since left Abidjan, a sp Read More »

Horizon Lines receives Lowe’s Platinum CarrierAward

AJOT | April 24, 2011 | Liner Shipping

Horizon Lines, Inc. the nation's leading domestic ocean shipping company, has been awarded the 2010 Platinum Carrier Award by home improvement retailer Lowe's Companies Inc. Horizon was the only Jones Act ocean carrier so honored. Read More »

Hapag suitors to hand in bids in late May

AJOT | April 24, 2011 | Liner Shipping

TUI AG , co-owner of Hapag-Lloyd, has asked Chinese group HNA and Oman's Onyx Investments to make binding bids for a stake in the shipping group by late May, three people close to the process said.

While the suitors are currently conducting due dilige Read More »

OWL is the first NVOCC to handle freight directly from growers

AJOT | April 24, 2011 | Liner Shipping

Ocean World Lines (OWL), a global, single source NVOCC (non-vessel operating common carrier) and a subsidiary of Pacer International, is helping apple growers in the U.S. increase their exports and meet the growing demand among global consumers for this p Read More »

Hyundai Heavy says wins $827 million order

AJOT | April 19, 2011 | Liner Shipping

South Korea's Hyundai Heavy Industries Co Ltd said that it had signed a combined 900 billion won ($827 million) deal to supply ships to Norway's Fred Olsen Energy and Greece's Container Carrier Corporation.

The company said in a statement that the ord Read More »

OWL promotes three managers

AJOT | April 19, 2011 | Liner Shipping

Ocean World Lines (OWL), a global, single source NVOCC (non-vessel operating common carrier) and a subsidiary of Pacer International, announced that it has promoted three people in key business development positions, effective immediately. Read More »

China COSCO still planning group’s listing

AJOT | April 19, 2011 | Liner Shipping

China COSCO Group, the country's top shipping conglomerate, is still working on plans for a group listing, the Shanghai Securities News said on Friday, citing a top executive, though no timetable was given.

A listing of state-owned COSCO Group, the pa Read More »

Evergreen, Wan Hai & Interasia Lines to launch Taiwan-Madras Trunck Service

AJOT | April 19, 2011 | Liner Shipping

Evergreen Line, Wan Hai Line and Interasia Lines will launch weekly Taiwan-Madras Trunk Service (TMT Service) commencing April 29 from the port of Taichung.

"India enjoys an annual economic growth rate of 8-9% with the cargo volume increasing from the Read More »

CMA CGM (America) welcomes aboard new executives

AJOT | April 19, 2011 | Liner Shipping

CMA CGM (America) LLC announced the following executive appointments:
David (Dave) Junkroski has been appointed Senior Vice President & Chief Commercial Officer. He will manage all aspects of the U.S. Sales and Marketing Organization and be Read More »

Hamlin joins Horizon Lines as Senior VP of Operations

AJOT | April 19, 2011 | Liner Shipping

Horizon Lines, Inc., the nation's leading domestic ocean shipping company, announced that William A. Hamlin has been named Senior Vice President of Operations for the company's Horizon Lines, LLC operating subsidiary. Mr. Hamlin reports to Brian Taylor, E Read More »

Trade association asks FMC to reopen NRA rulemaking

AJOT | April 19, 2011 | Liner Shipping

On April 12, 2011, counsel for the National Customs Brokers and Forwarders Association of America ('NCBFAA' or 'the Association') submitted a letter to the Federal Maritime Commission ('FMC') offering commentary and a request for a reopening of proceeding Read More »

CMA CGM sees 1st cocoa ship in Ivory Coast

AJOT | April 19, 2011 | Liner Shipping

French container shipping group CMA CGM said its first ship would arrive in top cocoa producer Ivory Coast in a step toward resumption of the cocoa trade in the West African country.

The shipping company had previously said its first ship was likely t Read More »

Crowley equipment fleet expansion to add 500 new containers in 2011

AJOT | April 19, 2011 | Liner Shipping

Crowley Maritime Corporation's liner services group is adding 500 new containers to its already robust equipment fleet in order to better serve the growing needs of its customers in Puerto Rico, the Caribbean and throughout Central America. Once received, Read More »

Bigger vessels from shipping majors to spark consolidation

AJOT | April 14, 2011 | Liner Shipping

The global container market is poised to consolidate in the next few years as A.P. Moller Maersk and other major shippers roll out bigger vessels, potentially forcing smaller rivals to drop out of an already oversupplied market.

Medium-sized container Read More »