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Ocean Transportation: Page 163

Logistics Confidence Index Hits Lowest-ever Mark as Air, Sea Freight Shipments Slump

With a score of 45.4, the December edition of the Stifel Index has recorded its lowest-ever total, amidst a continued pattern of decline.

CaroTrans Launches New Service Between Miami, Manaus

CaroTrans, a non-vessel operating common carrier and ocean freight consolidator, has launched a direct, biweekly service between Miami, Fla. and Manaus, Brazil, for less-than-containerload exports.

Big Ships, Small Infrastructure: A Recipe for Disaster

By the time you read this, the largest containership ever to call a U.S. port will have visited the ports of Los Angeles and Oakland. It won't be the last. But will regulation and environmental pressures prevent carriers from developing the infrastructure needed to handle these seagoing behemoths?

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AAL Enters Space-Sharing Pact in Asia-East Coast Australia Trade

The breakbulk, project and heavy-lift carrier AAL has entered into a space-sharing agreement with Swire Shipping in the Asia-to-East Australia liner service.

Sight Slippage in On-Time Performance Recorded Overall in November by Container Shipping Lines

Containership reliability was broadly unchanged in November as the average on-time performance across all trades slipped by just 0.8 percentage points against October to 77.2 percent, according to Carrier Performance Insight, the online schedule reliability tool provided by Drewry Supply Chain Advisors.

Chinese Yards Help Iran Build Its Merchant Marine Fleet

Iran's Islamic Republic of Iran Shipping Lines (IRISL) has announced plans to order new 18,000 TEU (Triple-E type) container vessels from Chinese yards, according to Iran's Press TV.

In 2016, U.S. Seaports May See Modest Growth in Container Imports

Container volume at U.S. ports is expected to grow next year, but at a slower rate of three to four percent, down from five percent in 2015, says ratings company Moody's.

Merger of Chinese Ocean Lines to Create World's Fourth-Largest Container Shipping Company

China's cabinet has approved the merger of its two biggest shipping conglomerates, China Ocean Shipping Company (COSCO) and China Shipping Group Company (parent of CSCL), in the government's latest effort to make the industry more competitive globally.

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U.S. Ports See Final Surge Before St. Lawrence Seaway Season Closes

The number of vessels in the Great Lakes-Seaway system exceeds the five-year average as ships deliver much-needed supplies and make a final push to export grain before the St. Lawrence Seaway closes Dec. 30.

Retailers Say Imports Will Finish Strong Despite Sluggish Holiday Sales

Retailers predict import volumes at the nation's major container ports will finish the year on a high note despite weak demand during this year's traditional peak shipping season.

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Reduce Port Congestion By Expanding Container 'Free-Flow' Systems

Stakeholders at U.S. ports are spending $9bn a year to accommodate the next generation of super-sized container ships. But simply expanding physical infrastructure will not be enough to mitigate port congestion. With fewer vessels moving more containers per call, U.S. ports need to fundamentally change the way containers are moved in and out of terminals.

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As Rule on Ocean Container Weight Approaches, Many Unprepared to Comply

Retailers, manufacturers and farmers worldwide are protesting a new marine shipping safety rule they say will raise transport costs and cause delays at ports worldwide.

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