Seafreight

 

Maersk Line Revives Sealand Name

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Maersk Line Revives Sealand Name
Maersk Line recently announced the the formation of a regional containerized shipping company that will service the intra-Americas region. The name of the new affiliate will be called Sealand. According to a Maersk Line press release, the new affiliate will operate similar to the company’s other regional carriers including; intra-Asia carrier MCC Transport and intra-Europe […]

2013 Peak Season Fast Approaching

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2013 Peak Season Fast Approaching
  It’s that time of year again; the Peak Season shipping season is nearly here.  The topic of PSS during my contract negotiations this past April was an interesting one in that many of my carriers were willing to add a no PSS clause into our contracts.  Prior year’s contract negotiations were much more difficult […]

APL, ANL, Hanjin Shipping to Launch Joint Intra-Asia Service

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APL, ANL, Hanjin Shipping to Launch Joint Intra-Asia Service
APL, ANL and Hanjin Shipping recently joined forces to offer a new weekly service covering Asia, Australia and New Zealand. The new service, with an expected launch date of September 1, 2013, will be called the New Zealand – Asia Express (NAX) service and will operate via a vessel sharing agreement between the three companies.  […]

Zepol Reports April Vessel Imports Rise 9.2%

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Zepol Reports April Vessel Imports Rise 9.2%
FOR IMMEDIATE RELEASE: Zepol Reports April Vessel Imports Rise 9.2% Vessel imports show large increases for the second consecutive month MINNEAPOLIS, May 10, 2012 — Zepol Corporation, the leading trade intelligence company, reports that U.S. import shipment volume for April, measured in TEUs, increased 9.2% from March and 7.2% from April of 2011. So far […]

Port Klang Port Trucker Protest

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Port Klang Port Trucker Protest
I just received word that approximately 1,000 Port Klang drayage truck drivers staged a two hour protest at the port to complain about recent fee hikes and operational delays at the port. I was advised by a contact at a local logistics company that although the protest was only expected to last a couple of […]

Ocean bid tip: diversify your carrier alliances!

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Ocean bid tip: diversify your carrier alliances!
With so many container lines out there to choose from it’s easy to forget that despite their numbers there really are fewer choices than it seems when you consider carrier alliances and vessel sharing partners. If you are large enough to deal in direct carrier contracts with container lines, then you would be wise to […]

Understanding Bunker Fuel: is there a relationship to crude prices?

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Understanding Bunker Fuel: is there a relationship to crude prices?
Unless you work for an ocean container line, there seems to be a lot of confusion regarding bunker fuel costs and how they play into ocean container costs and BAF (Bunker Adjustment Factor – fuel surcharge for container lines).  This is especially compounded when folks look at the headlines in regards to crude oil prices […]

2011 Ocean Rates

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2011 Ocean Rates
The first round of carrier negotiations are in the books for my company and as usual carrier rates are all over the board. With all of my responses in, the average difference between the lowest offering and the highest is roughly $700 to $800 per 40′ out of China base ports to the US. Needless […]

Live from TPM!

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Live from TPM!
Check out our live twitter feeds from the 2011 TPM conference via our Twitter page. Link updated.

Ocean freight rates on the decline?

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Ocean freight rates on the decline?
Anyone else notice that ocean freight rates are declining? I was recently approached by an NVO with rates out of China to the U.S. that are approximately $100 to $200 lower than what was offered back in November. Even with the carriers implementing a pre-Chinese New Year peak, rates appear to be headed in a […]

2011 Freest Economies: Heritage Foundation Report

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2011 Freest Economies: Heritage Foundation Report
The Heritage Foundation has recently released their 2011 Index of Economic Freedom report which details the world’s freest economies. The report covers 183 countries across 10 specific freedoms such as trade freedom, business freedom, investment freedom, and property rights. For the 17th year in a row, Hong Kong assumed the top spot in the rankings. […]

Shanghai Overtakes Singapore as World’s Busiest Container Port

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Shanghai Overtakes Singapore as World's Busiest Container Port
According to a report on the Shanghai Municipal Government website, Shanghai became the world’s busiest container port in 2010 after handling 29.05 million TEUs. Singapore, which previously held the number one spot, handled 500,000 less TEU’s than Shanghai during the year. Shanghai’s cargo throughput rose to approximately 650 million tons in 2010, helping to claim […]