Sea Freight

FMC and USCG to hold hearing on box weights

Listening session to hear concerns on verified gross mass requirements

Hapag-Lloyd buys two wide-beam boxships for South America trades

Company charters-in an additional two ships of the same design for deployment in South America and adds four chartered-in vessels to its trans-Atlantic trades

Maersk Line expects higher growth but lower profits in 2016

Carrier vows to tightly manage capacity and drive out costs as container shipping market ‘to remain weak and rates under pressure due to over-capacity’

US import slowdown forecast for the coming months

But National Retail Federation notes that comparisons with last year are difficult and expects consumers will continue to increase their spending this year

CSCL Indian Ocean refloating successful

Operation required 12 tugs and was led by Smit Salvage

Liner reliability improved as 2015 progressed

Performance levels among the best ever recorded by lines, with the difference between the best and worst carriers narrowing, according to Seaintel

Maersk vessel released after brief hijacking off Nigeria

All crew safe on Safmarine Kuramo, according to Singapore’s MPA

Box volumes continue to rise at DP World

UAE growth and ‘ramp-up at London Gateway’ help port operator’s global traffic to edge up last year despite ‘challenging’ market conditions

Ultra-large containership runs aground near Hamburg

Cargo remains on board CSCL Indian Ocean, which has been stranded in the River Elbe since late on Wednesday but may be re-floated tomorrow

Fuel price falls pose strategy questions for carriers

Despite bunker rates falling to 10-year lows, container lines are unlikely to abandon slow-steaming, but it does make smaller ships more competitive again, Drewry report concludes

Asia-Europe rates down for fifth consecutive week

Supply/demand imbalance continues to add downward pressure on rates on all major east-west trades

Russia and China weigh on HHLA results

Revenues down as throughput at key terminals falls

Liner woes hit container lessors

Prices for new boxes fall to their lowest level since 2003, Drewry reports

Idle box fleet falls in lead-up to Chinese New Year

But numbers will soon rise with analysts anticipating a post-new year deluge

Cosco and China Shipping shareholders approve restructuring plan

Three Hong Kong listed entities received over 99% of the votes approving the reorganisation

Advice & Insight

London Gateway reaps rewards of UK storms

River Thames port has received 25 ad hoc calls diverted from Felixstowe in recent months due to high winds

What container trade is top of the league for volatility?

Spot market container freight rate volatility intensified in 2015. Here’s Drewry’s statistical analysis of the headhaul East-West container trades to rank the winners and losers

Fuelling a downturn?

Investors are in a panic as oil prices continue to plummet and China’s economy slows. Will container demand follow the stock markets down?

Carriers post record reliability levels for 2015

Lines improve on-time arrivals as alliances bed in

Dutch shippers raise concerns over liner monopolies

EVO survey reveals shippers fear of increased carrier consolidation, but also indicates wider industry volatility

Freight People

Nadia Ribeiro returns to head CEVA Logistics in South America

Richard Vieites moves to the company’s North American operations to become EVP of Contract Logistics

SEKO Logistics appoints chief sales officer

Carol Kijac spent 17 years with Expeditors, ultimately as VP sales and marketing for the Americas

CEVA Logistics appoints senior VP for global healthcare operations

Kamaljit Hunjan joins from General Electric Healthcare where he was responsible for logistics strategy

Crane Worldwide Logistics adds to its Latin American team

Brazil-based Paul Higgins to lead its project operations in the region

Ken Lee wins AP role at DHL

Replaces retiring Jerry Hsu as CEO of group’s Asia Pacific express operations

Have Your Say

Seven reasons why investing in training is essential

Andy Dennis, founder and principal of Advisory Services, discusses the importance of developing understanding as well as necessary knowledge among staff within the international freight and logistics sector

Container weight verification rules – a key issue in 2016

Shippers, packers, forwarders, carriers, terminals, and regulators must all prepare thoroughly for 1 July, says TT Club’s Peregrine Storrs-Fox

Cross-Channel pricing review - Quarter 4

Despite lower fuel prices and less Christmas price pressure than usual, UK import prices reached record levels in the fourth quarter, driven probably by concerns on cross-channel delays and low export volumes, reports Freightex CEO Tim Phillips

Big Data in the Supply Chain

Priority Freight’s Ed Bembridge says logistics managers are now able to monitor every stage of operations and manage assets more effectively

The situation in Calais can no longer be tolerated

There is an urgent need for a safer, lasting, and more humane solution