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Ocean Transportation: Page 225

Moller, Danish Shipping Patriarch, Dies; Execs Say Company Strategy to Remain the Same

Maersk Mc-Kinney Moller, who transformed his Danish family shipping business into the world's biggest container shipping company, has died at the age of 98.

Container Key Performance Indicators Coming from Drewry and CargoSmart

Drewry Maritime Research and CargoSmart Limited will introduce a wider range of container key performance indicators to help importers and exporters benchmark their carriers' service levels.

U.S. Vessel Imports in March Increase 11.9 Percent

U.S. import shipment volume for March, measured in TEUs, increased 11.9 percent from February, according to trade intelligence company Zepol.

Retail Container Traffic to Increase 3.2 Percent in April

Import cargo volume at the nation's major retail container ports is expected to increase 3.2 percent in April compared with the same month last year, and year-over-year gains should continue through the end of summer, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

Cuba: Your Logistics Hub in the Caribbean?

With the Panama Canal expansion on schedule for completion in 2014, supply chain specialists are anticipating a logistical hub to surface in the Caribbean Basin.

Opening of New Panama Canal Locks Gets Pushed Back at Least Three Months

The Panama Canal's new locks will probably not be ready for their scheduled opening in October 2014, but will be ready for a trial run by a vessel in December, said Jorge Quijano, the engineer in charge of building the canal's third set of locks.

Somali Pirate Activity Reaches 15-Month High

Ten ships were hijacked by Somali pirates in March, making this the most attacks in one month since December 2010. Four of the seized ships were used to make more attacks, rather than the usual holding for ransom acts. Maritime security experts believe that pirate groups will be encouraged by the latest hijackings and will be moved on organizing more attacks over the next several weeks.

100 Years After Titanic Disaster, Marine Insurer Warns That Hazards Remain

Despite greatly improved safety records in the century since Titanic, the maritime industry faces new challenges driven by the continued growth of worldwide shipping, according to specialist marine insurer Allianz Global Corporate & Specialty.

Redundancy Planning in Seaport Gateway Selection

Properly planning for the unplanned - a supply chain disruption of any kind and for whatever reason - means optimizing your distribution center network, having the right modes lined up to transport your goods to market, and ensuring that you choose the best ocean port, says John A. Moseley, general manager, trade development, at the Port of Houston Authority. It also means having a backup port just in case.

Crowley Maritime Corp. Adds LCL Service to St. Maarten

The logistics group of Crowley Maritime Corp. has added less-than-containerload (LCL) cargo service to the Caribbean island of St. Maarten, via Crowley's Miami distribution center. The latter will now serve as a cargo arrival and departure service point.

The Era of the Megaship: Is Bigger Really Better?

The year 2014 will see the debut of the Triple E, first of a series of at least 20 containerships to be operated by Denmark's Maersk Line, each with a capacity of 18,000 twenty-foot equivalent units (TEUs). Few could have imagined this behemoth at the dawn of containerization in the mid-1950s. (Malcom McLean's Ideal X carried only 58 boxes.) In the ensuing decades, containerships grew steadily in size, as operators sought to squeeze the most out of their investments. When ships became too wide to fit through the Panama Canal, builders doubled down. Between 2008 and 2015, average ship size will have risen from 6,000 TEUs to more than 11,000 TEUs, according to Lars Jensen, chief executive officer and partner with SeaIntel Maritime Analysis. Maersk's Triple Es will dwarf them all.

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Hubspan Issues Six New B2B Apps for NetSuite Cloud-Computing Platform

Hubspan Inc., a vendor of business-integration software based in the cloud, has released six new business-to-business applications, built using the NetSuite SuiteCloud Computing Platform.

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