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Ocean Transportation: Page 152

Trade Group to 'Name and Shame' Those Imposing 'Unjustified' Ocean Container Surcharges

The Global Shippers Forum is calling for container shipping surcharges to be eliminated by 2020.

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Davies Turner Expands U.K.-Poland Services, European Network

Davies Turner, a U.K.-based freight forwarder, is upgrading its two-way overland trailer services between the U.K. and Poland, through the inclusion of Bristol and Manchester hubs in its direct service network.

Damco Adds Three Locations to Hub-in-Transit Program

Third-party logistics services provider Damco has expanded its Hub-in-Transit program with the addition of hubs in the United Arab Emirates, Malaysia and Morocco.

Federal Funds for U.S. Port Security Said Going to Non-Port Entities

Dozens of port authorities and marine terminals received port security grants this summer from the Federal Emergency Management Agency (FEMA), but millions of dollars from the $100m program went to local law enforcement agencies and other non-port entities.

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Container Seaports Viewed More as Mature in Value Than as Growth Sector

Softening demand growth coupled with larger liner shipping alliances and bigger ships is moving the container ports industry towards a value sector from growth sector, albeit still highly profitable, according to the Global Container Terminal Operators Annual Review and Forecast 2016 report published by global shipping consultancy Drewry.

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LNG Shipping Industry Expected to Need More Vessels

Despite the current weakness in LNG shipping rates, Drewry maintains its bullish long-term outlook for LNG shipping and believes that the market will require more vessels than listed on the current orderbook, according to the latest edition of the LNG Forecaster report published by global shipping consultancy Drewry.

CaroTrans Adds Second Weekly Service Between Milan, New York

CaroTrans, a global non-vessel operating common carrier and ocean freight consolidator, has added a second direct, weekly less-than-containerload (LCL) service between Milan and New York.

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Ocean Piracy at Lowest Level Since 1995, Observers Report

Pirate attacks on shipping in the first half of 2016 are at the lowest level since 1995, even taking the recent spate of kidnappings in the Gulf of Guinea and the Sulu Sea into account, says the IMB Piracy Reporting Centre.

CBP Unit to Ensure Coastal Vessels Adhere to Jones Act

U.S. Customs and Border Protection (CBP) has created a national division for enforcing maritime cabotage laws.

Trans-Pacific Trade May See 18,000-TEU Vessels One Day

Big 18,000-TEU vessels may be coming to U.S. ports after all.

Implementing New Ocean Container Weight Rule Went 'Fairly Smoothly'

Forget playing the blame game, the fraught implementation of container weighing rules came down to the fact that the container shipping industry has no single trusted information source.

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Is Dry Bulk Shipping Headed for a Breakdown?

For those in dry bulk shipping, the market since the beginning of 2014 has been the worst downturn since the mid-eighties. Access to finance and liquidity will likely continue to be a pressing corporate issue for ship owners until the markets recover, and the longer this takes the worse the situation will get.

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