New fight brews at FMC over detention and demurrage

A diverse group of shippers is challenging fees that container lines and marine terminals impose for delays at US ports. But first the shippers need approval from federal maritime regulators. (This article requires registration at the Journal of Commerce. To access, please click on the above link.)

Shipping faces threat from EU of unilateral levy on carbon emissions

The shipping industry faces the threat of paying a levy to the European Union on its greenhouse gas emissions as lawmakers from the bloc grow increasingly impatient with the slow progress being made by the global effort to tackle the issue. The industry, which accounts for around 90 percent of goods transported globally, has rejected […]

LA-LB terminals far from sure bet for investors

Marine terminal engineer Larry Nye has drawn up plans for container facilities around the world, but when it comes to choosing his preference for a US location, he doesn’t have to leave home. “Los Angeles-Long Beach is such a sure bet in terms of long-term demand,” he said. However, this sure bet of 15 million […]

West Coast Ports Evaluating Truck Congestion Alternatives

The marine terminals at the Ports of Los Angeles and Long Beach held a workshop with industry stakeholders over the weekend to evaluate potential alternatives to the current extended gates model used at the ports under the OffPeak Program.

Shippers look deeper than carrier losses to avoid next Hanjin

When shippers awoke on Aug. 31, they faced q new reality: Hanjin Shipping, along with many of its retail, manufacturing and other shipper customers, assumed the company’s main creditor, the Korean Development Bank, would blink and grudgingly accept the container line’s plan to tackle its $5 billion debt. They were wrong. The bank had had […]

LA-LB’s multifaceted big ship strategy shows work ahead for other US ports

The more than decade-long comprehensive effort mounted by terminal operators in Los Angeles-Long Beach to efficiently work the largest mega-ships shows other US ports have their work cut out for them, a Los Angeles port terminal operator said Monday. (This article requires registration at the Journal of Commerce. To access, please click on the above […]

Container shipping market has bottomed out, says Drewry

Hanjin’s receivership represents the trough of the container shipping market and despite continuing concerns of weak trade growth and fleet oversupply a gradual market recovery is now expected, according to the latest annual Container Forecaster and Review 2016/17 report published by global shipping consultancy Drewry.