| September 17, 2020 | Maritime | Liner Shipping
| September 16, 2020 | Maritime | Liner Shipping
| September 16, 2020 | Maritime | Liner Shipping
| September 16, 2020 | Maritime | Liner Shipping
On September 13th, the Captain and crew of the COSCO SHIPPING Lines container ship COSCO MALAYSIA rescued a sailboat crew in distress in the Gulf of Mexico, 130 nautical miles west of Port Tampa Bay, Florida.
| September 15, 2020 | Maritime | Liner Shipping
| September 15, 2020 | Maritime | Liner Shipping
| September 15, 2020 | Maritime | Liner Shipping
Key insights: 1 With a mid-month GRI expected to increase rates that are already 158% higher than last year, reports have China’s Ministry of Transport considering banning rate increases (COSCO already is likely to cancel its GRI) and prohibiting cancelled sailings on China-US lanes to let rates drop along with (an eventual drop in) demand. 2 Carrier capacity management allowed them to stem losses and keep rates even year-on-year in the first five months of the pandemic, before June’s demand surge sent rates spiking. 3 Questions remain about what (if any) interventions will be made, and whether other carriers will follow COSCO’s lead. But whatever the outcome, the threat of intervention will likely serve as a warning to carriers to use their controls wisely.
| September 14, 2020 | Maritime | Liner Shipping
| September 14, 2020 | Maritime | Liner Shipping
| September 11, 2020 | Maritime | Liner Shipping
Thirteen MOL Group employees have been dispatched to the site, and MOL has procured and transported essential items for the collection and recovery of leaked oil as well as other relief supplies.
| September 11, 2020 | Maritime | Liner Shipping
| September 11, 2020 | Maritime | Liner Shipping
| September 11, 2020 | Maritime | Liner Shipping
| September 11, 2020 | Maritime | Liner Shipping
| September 11, 2020 | Maritime | Liner Shipping
TOTE Maritime Alaska (“TOTE Alaska”), an affiliate of TOTE, LLC (“TOTE”), celebrated the 45th anniversary of its inaugural sailing between Washington and Alaska. This anniversary represents nearly half a century of dedicated service between the Lower 48 and the communities of the Last Frontier.
| September 10, 2020 | Maritime | Liner Shipping
New applicable CMA CGM Freight All Kinds (FAK) rates as follows as from October 1st, 2020 (date of loading in the origin ports) until further notice:
| September 10, 2020 | Maritime | Liner Shipping | Ports & Terminals
APM Terminals Mobile, the Alabama State Port Authority, Maersk Special Project Logistics and Team Rubicon worked together this past week to collect over 36,000 pounds of bottled water, non-perishable food and other emergency supplies for distribution to those affected by Hurricane Laura in communities surrounding Lake Charles, Louisiana.
| September 10, 2020 | Maritime | Liner Shipping
| September 10, 2020 | Maritime | Liner Shipping | Ports & Terminals
This morning, the largest containerized cargo vessel to call at a Canadian port arrived at the Port of Halifax. The CMA CGM Brazil, 366 metres length, 51 metres beam and 15,072 TEU capacity, berthed at PSA Halifax at approximately 12:00 a.m. ADT.
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