The International Transport Workers’ Federation criticized the U.S. Customs and Border Protection (CBP) saying it was told by CBP that it had concerns crew could try and jump ship due to the Hanjin situation.
The South Korean carrier said certain providers have been charging its customers more than what it would have charged to transport cargo and has tried to intervene, taking its concern up with the Federal Maritime Commission.
There is no shortage of technology for carriers and other parties in the ocean industry, but in the wake of the Hanjin mess, the question is what carriers should invest in.
The recent declaration of bankruptcy by South Korean ocean carrier Hanjin Shipping is a symptom of what ails the container shipping industry, not the cure, as some analysts seem to suggest.
U.S. Rep. Janice Hahn, D-Calif., said ports and customers need to be better prepared for instances of container lines going out of business.
The Panama Canal will not raise tolls, even though its primary competitor, the Suez Canal, decided it will slash fees by more than half.
The Panama Canal Authority said it is confident in the process it uses to move ships through the new locks at the canal, following an accident last week that damaged the Xin Fei Zhou after it made contact with one of the walls at the Agua Clara Locks.
A ship carrying liquefied natural gas (LNG) from the United States became the first LNG carrier to pass through the enlarged Panama Canal on Monday.
The 8,530-TEU CSCL container vessel Xin Fei Zhou scraped its side against the wall of one of the recently inaugurated locks of the important Central American waterway, according to a report from the Associated Press.
The expanded Panama Canal locks, which just opened June 26 to handle vessels up to 14,000 TEUs, are expected to reshape U.S. East Coast port operations.
The commission said it has “reasonable grounds” to suspect the carriers engaged in collusive practices to fix incremental cargo rates from Asia to South Africa.
The latest round of funding for freight forwarder Flexport shows early stage venture capital groups are nowhere near burned out on logistics technology startups.
The House of Representatives on Tuesday began debating the Water Resources Development Act, which would provide resources to the Army Corps of Engineers for waterway improvement projects.