by Stas Margaronis Sep 15, 2022
At IANA meeting Jensen says ocean freight rates will continue downwards but stay above 2019 levels
Speaking at the Intermodal Association of North America’s (IANA) Intermodal Expo on September 13th at Long Beach, California, Lars Jensen, CEO and partner, Vespucci Maritime based in Copenhagen, Denmark expects ocean container shipping rates to continue to decline in 2022 but predicts that they will eventually end up above 2019 levels.
Pasha boasts new LNG powered George III will substantially reduce emissions
With the arrival of Pasha’s new George III at the Port of Oakland on August 31st, Ed Washburn, Senior Vice President Fleet Operation, Pasha Hawaii, said the LNG powered ship will substantially reduce or eliminate emissions compared to conventional diesel-powered ships.
Ernst & Young says Jones Act carriers provided reliable Puerto Rico service during COVID
An Ernst & Young report found that U.S. Jones Act ocean carriers provided Puerto Rico more reliable and more cost consistent services during the COVID supply chain disruptions than was provided by global ocean carriers to their customers.
MPC Container Ships, North Sea Container Line and Elkem trailblaze new methanol powered container ships
Oslo, Norway-based MPC Container Ships (MPCCS) has announced that it is partnering with North Sea Container Line (NCL) and materials producer Elkem on an order for two 1,300 TEU ‘carbon neutral’ methanol powered container ships.
California GO-Biz official describes Newsom’s supply chain strategy
California is developing a supply chain strategy to help ports, trucking and the railroads, according to Trelynd Bradley, a Deputy Director with California Governor Gavin Newsom’s Office of Business and Economic Development (GO-Biz). Bradley responded to a series of questions posed by AJOT explaining how California has developed a strategy to combat the supply chain crisis.
Waterway’s Carpenter says “There’s no room for sexual harassment…in the maritime industry”
Jennifer Carpenter, President, and CEO of the American Waterways Operators (AWO) said that there is a challenge recruiting more workers to operate inland waterway vessels and the inclusion of women is vital.
Port of Hueneme container business is up 51% and revenues rise 28% In 2022
The California Port of Hueneme reported a 28% increase in revenue and a 51% jump in loaded and empty volume in 2022, according to Kristin Decas, executive director, Port of Hueneme.
ILWU & PMA announce agreement on health benefits
In a positive sign that the International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA) are finding common ground, comes the July 26th announcement that the two sides “… have reached a tentative agreement on health benefits, subject to other issues in the negotiations.”
PMSA says California nut exports via California ports are rising
There’s a controversy over California nuts. Specifically, nuts exported through California ports. Are the export nut totals up or down? Are the nut exports being diverted to other ports as has been suggested by media reports?
Congressman Katko urges approval of $52 billion for U.S. semiconductor manufacturing
Republican Congressman John Katko has urged immediate action in authorizing a $52 billion federal investment in U.S. semiconductor manufacturing.
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