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Think Tank
Ocean Transportation: Page 205
DHL Express Adds Widebodies, Enhances Asia-U.S. and Intra-Asia Services
DHL Express has made a number of enhancements to its services between Asia and the U.S., and within Asia.
Maersk Invests In Biomass Research, Seeking Alternative Fuel Source
Maersk has announced an investment into biomass research in a bis to reduce its bunker fuel consumption. According to the company, which has an annual fuel bill of $7bn, there has been no prior research into the possibility of using biomass in the shipping industry.
Ocean Container Operators 'Struggle' with Weak Demand
Managing month-to-month changes to services and schedules is now a constant battle for container operators as they strive to keep the spot market from imploding in the current weak demand environment, according to Drewry's latest Container Forecaster report.
Railroads Said to Be Prepared for Increased Business Brought on by Panama Canal Expansion
Freight railroads are positioning themselves to meet future transportation demands in this country, including those related directly and indirectly to the expansion of the Panama Canal, Edward R. Hamberger, Association of American Railroads (AAR) president and CEO, told the Senate Committee on Commerce, Science, and Transportation.
March Madness? U.S. Imports Drop 15 Percent in One Month - Biggest Dip Since 2009
U.S. import shipment volume for March, measured in TEUs, decreased by 15 percent from February and by 12.5 percent from March of 2012. While February imports were unusually high, March imports were unusually low. In fact, imports for the month of March have not been this low since 2009.
Port of Melbourne Begins Major Overhaul
Construction has begun on a three-year $1.6bn overhaul of the largest container port in Australia, with Victorian state government saying the work is necessary to avoid capacity constraints and adding that it will create around 1,100 jobs.
Shipping Lines Fined $10m Fine After Bypassing Pollution Controls
Two shipping firms based in Germany and Cyprus have pleaded guilty to felony obstruction of justice charges and violating the Act to Prevent Pollution from Ships (APPS, 33 U.S.C. §§1905-1915) related to the deliberate concealment of vessel pollution from four ships that visited ports in New Jersey, Delaware and Northern California.
CMA CGM Builds Dry Port in Iraq
CMA CGM is set to open an inland terminal near Abu Ghraib, in the Baghdad Governorate, in June. The shipping group will exclusively manage and operate the facility, which it says will be Iraq's only dry port.
Cost of Combating Somali Piracy Declines as Number of Attacks Reduced
The cost of Somali piracy to the global economy has declined by 12.5 percent since 2011 as attacks fell sharply, a survey showed, but the cost of armed guards to protect ships soared. The annual report by the Oceans Beyond Piracy advocacy group estimated the cost of piracy at $5.7bn to 6.1bn in 2012.
Expansion to Panama Canal Nearing the Halfway Point
The Panama Canal's expansion is finally beginning to look like a channel that will float some of the biggest ships in the world by mid-2015.
With Discipline, Ocean Container Lines Will Be Slightly Profitable in 2013, Report Says
As expected the ocean container industry just about scraped over the break-even line in 2012, albeit only because of the results of a handful of leading lights. There is every chance that lines will make decent money in 2013, but only if they refrain from old habits and stick to pricing and capacity discipline.
The Urge to Merge Domestic and International Transportation Ops
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