News

Valencia breaks container movement record with MSC mega-ship call

“The Port of Valencia has announced it broke its record for containers moved in a single visit during the call of the MSC Sixin between the 27 and 30 August 2020.” See the original story at Port Technology. Source: Port Technology (JK)

Vaccinations Start for Dockworkers at Nation’s Busiest Port Complex

“About 800 longshoremen from the ports of Los Angeles and Long Beach on Friday got the first COVID-1...

V.Group takes on 41 boxships from Costamare as part of expanded partnership

Shipmanagement and services giant V.Group has strengthened an exisiting partnership with Costamare i...

V.Group says in compliance with all financial and operational sanctions

“The world’s largest ship manager V.Group says it is in compliance with all current sanctions as pre...

V.Group and Costamare Shipping Company S.A. expand existing strategic partnership

“Global ship management and marine support services provider V.Group and Costamare Shipping Company...

V.Group Acquires Norddeutsche Reederei

“Consolidation of the commercial and technical management companies in Germany’s container industry...

UTi Shareholders Approve Acquisition by DSV

**Shareholders of UTi Worldwide Inc. overwhelmingly approved a $1.35 billion acquisition by Denmark’...

UTi shareholder rejects DSV offer

**Sterling Capital Management claims US$1.35bn offer ‘grossly undervalues’ the US forwarding and log...

USD 3 Bn Worth ONE Put to Sea

“Japanese trio Kawasaki Kisen Kaisha, Mitsui O.S.K. Lines, and Nippon Yusen Kabushiki Kaisha have co...

USD 1 Bn Worth of Cocaine Seized from MSC Ship in Philadelphia

“U.S. authorities have seized over 16 tons of cocaine from an MSC containership at the Packer Marine...

USCG sets port condition X-Ray for Jacksonville as hurricane Dorian advances

“The US Coast Guard (USCG) is advising oceangoing vessels to make plans to depart the Port of Jackso...

USCG raises Savannah, Jacksonville port condition to ‘Zulu’ as Hurricane Dorian closes in

“As Hurricane Dorian tracks slowly up the Florida coast the US Coast Guard has set port condition “Z...

USCG prepares for Hurricane Dorian, closes Jackonsville port

“The Port of Jacksonville and Fernandina have been closed to commercial traffic as the US Coast Guar...

USCG medevacs injured seafarer from Yang Ming containership

“The US Coast Guard (USCG) evacuated an injured seafarer by helicopter from the containership Yang Ming Unanimity offshore San Francisco on Friday evening.” See the original story at Seatrade Maritime News. Source: Seatrade Maritime News (JK)

USACE Awards Record $213 Million Contract to Dredge Charleston Harbor Entrance Channel

“The U.S. Army Corps of Engineers has awarded a $213 million contract to Great Lakes Dredge and Dock...

US$300 million drug bust at Mumbai Port

“Last week, India’s Directorate of Revenue Intelligence (DRI) officials along with the Nhava Sheva C...

US$138m Charleston dredging project receives green light

“President Donald Trump has signed the Fiscal Year 2020 Energy and Water Appropriations bill into la...

US: MSC Gayane Subject to Possible Forfeiture

“The Neopanamax containership MSC Gayane is “subject to a possible forfeiture” after U.S. authoritie...

US: MSC Gayane crewman gets 5+ years in prison for smuggling cocaine

“A crew member of containership MSC Gayane was sentenced to more than five years in prison for attem...

US: Firms Given Time to Wind Down Business with COSCO Units

“The U.S. Treasury Department has issued an almost two-month waiver providing companies that deal with COSCO units time to wind down their transactions.” See the original story at World Maritime News. Source: World Maritime News (JK)

US, Chinese and European agency officials meet on shipping woes

“Agents from the US, European Union, and the People’s Republic of China have met to discuss competition issues related to the industry.” See the original story at Port Technology. Source: Port Technology (JK)

US, China Reach ‘Phase One’ Trade Deal

“The United States and China have signed a “phase one” economic and trade agreement that is expected...

US, China Finalize Deal to Suspend December Tariffs

“The United States and China have sealed the agreement on what has been dubbed as the ‘first phase’...

US west coast port congestion starts to ease as imports divert to the east

“Average vessel waiting times for berth and labour have improved significantly at the San Pedro Bay...

US West Coast congestion causes huge drop in Oakland vessel calls

“The Port of Oakland has reported that vessel calls have been significantly reduced, mainly due to t...

US Virginia port joins SEA/LNG to scale up LNG bunkering

“The US Port of Virginia is looking to scale up its use of LNG bunker as it becomes the first US por...

US transpacific imports from Asia decline for the first time in a decade

“Chinese transpacific container shipments to the US declined by over 1m teu last year, representing a 10.8% volume drop and the first overall volume decrease on the route since 2009.” See the original story at The Loadstar. Source: The Loadstar (JK)

US to invest $4bn in port and waterway infrastructure this year

“The US Army Corps of Engineers has received $4bn in funding through the new Bipartisan Infrastructure Law for fiscal year 2022 investments to improve ports and waterways.” See the original story at Splash247. Source: Splash247 (JK)

US to Inject USD 292 Mn into Its Ports

“The United States has decided to invest USD 292.7 million through the new Port Infrastructure Devel...

US to ease sanctions, allow Venezuelan oil exports to Europe

“The Biden administration has been courting Venezuela since the Russian invasion of Ukraine, hoping...

US to cancel, reduce some tariffs under partial trade deal with China

“The US and China have reached a partial trade deal that would cancel upcoming tariffs and reduce so...

US terminals plead with importers for swift removal of containers

“Unreliable vessel arrivals, chassis shortages, and rail service degradation will continue to fuel c...

US supply chain struggles to keep up with demand as TEU traffic booms

“Supply chains in the US are struggling to keep up with consumer demand as the country’s ports saw r...

US sourcing upswing prompts India ocean routing changes

“Mediterranean Shipping Co. has launched an independent, direct service between India and the US Eas...

US Shipping Act revision gives FMC power to watch shipping alliances with a sterner eye

“US president Donald Trump this week handed the Federal Maritime Commission greater powers to regula...

US Shipping Act receives a reform from Congress

“A bill is set to be enacted in the United States House of Representatives to form the US Shipping A...

US shipper MCS Industries settles court action against MSC and Cosco

“Home décor supplier MCS Industries has settled its case against Cosco (CSL) and MSC, although the terms of the agreement have not been made public.” See the original story at The Loadstar. Source: The Loadstar (JK)

US shipper launches $270k D&D claim against carrier and terminal operator

“An aggrieved shipper in the US, Eucatex North America Inc, filed a complaint yesterday with the Fed...

US Senators urge Trump to support IMO 2020

“A group of 14 Republican Senators have urged US President Donald Trump to support the implementatio...

US Senate passes $17 billion port funding infrastructure deal

“US Senate has passed a historic infrastructure bill which will send $17 billion to the ports sector.” See the original story at Port Technology. Source: Port Technology (JK)

US second-half imports to slow vs. year ago: retailers

"US retailers forecast imports will decline 1.5 percent year over year in the second half of 2022 an...

US SE ports see uneven volume rebound in August

“Container volumes at the major Southeast and mid-Atlantic port gateways are rebounding, with Charle...

US sanctions Chinese entities over ties with IRISL

“The United States is sanctioning six Chinese entities and two individuals over business relations w...

US sanctions against Iranian shipping network come into effect

“On 8 June, US sanctions targeting the Iranian shipping network came into effect, six months after they were announced by the Trump administration.” See the original story at Offshore Energy. Source: Offshore Energy (JK)

US retailers urge ports to prepare for strong H2 imports

"US retailers project continued strong imports at least through November, although volumes during th...

US retailers boost forecast for peak season imports

“US retailers, after significant growth in imports this summer, have revised upward their short-term forecast for volumes ahead of what they now see as a better-than-expected holiday season.” See the original story at JOC. Source: JOC (JK)

US regulators voice concern at Canadian takeover of Ports America

“US regulators have voiced concern at a foreign entity taking over an American terminal operator. Me...

US regulators approve Miami terminal alliance

**US maritime regulators have approved an alliance between container terminals at Port Miami to join...

US Regulator Gives Nod to COSCO’s OOIL Takeover

“COSCO Shipping Holdings’ takeover bid for Orient Overseas International Limited (OOIL) has passed t...

US railways move to rev up operations after deal, but labour yet to agree

"Amid broad relief that a crippling strike had been averted at the eleventh hour, US Class I railway...

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