by Gavin van Marle (TheLoadstar) Global container terminal utilisation levels are set to increase over the next five years, according to new research from shipping analyst Drewry Maritime Advisors. According to the newly published Global Container Terminal Operators Annual Review and Forecast 2019, global container port traffic is expected to grow by 4.4% a year for the next … [Read more...]
Feature: New York’s $40+ Million Short Sea Shipping Prize
by Captain John Konrad (gCaptain) A perfect storm of new challenges and spiraling cost for truck drivers in New York City has resulted in a tsunami of political support for Short Sea Shipping (SSS) initiatives to move cargo off trucks and onto local waterways. In just the past six months government officials in New York have pledged highly valuable waterfront … [Read more...]
Flexport Launches Container Sharing Service
By Gavin van Marle (The Loadstar) - Shippers will no longer be faced with the choice of booking either a full container load (FCL) or a less-than-container load (LCL), under a new service developed by digital-first freight forwarder Flexport. The San Francisco-headquartered forwarder this week unveiled its OceanMatch service, which is described as a “data-informed ocean … [Read more...]
Britain’s Peel Ports Expands Amid Brexit Trade Uncertainty
By Jonathan Saul LONDON, March 20 (Reuters) - Privately owned Peel Ports is expanding its workforce mostly in Liverpool and plans acquisitions this year, its chief executive said, as Britain prepares its ports to ease any trade disruption caused by Brexit. The British operator has been upgrading much of its network of seven ports, especially in northwest England, aiming to … [Read more...]
Opinion: Trans-Pacific Beneficial Cargo Owners Deserve 18,000 TEU+ Container Vessels
By Albert A. Melvin (Opinion) - The deployment of 18,000+ Ultra Large Container Vessels in the Trans-Pacific trade would substantially decrease the operating costs of shippers, consignees and ship owners. There is a proposed port in Sonora, Mexico that has the potential of being the first purpose-built port in North America capable of handling, on a steady basis, the largest … [Read more...]