The US Federal Maritime Commission (FMC) is demanding more information and pricing from the largest container shipping alliances accused of profiteering from the supply chain crunch. New monitoring requirements from the US regulator will see 2M, Ocean Alliance, and The Alliance, being mandated to provide the FMC’s Bureau of Trade Analysis (BTA) with insight into pricing of individual trade lanes and…
Singapore-based liner operator Swire Shipping has launched what it claims is the market’s fastest port-to-port service for voyages between Ho Chi Minh city in Vietnam and Seattle in Washington with a transit time of between 16 and 18 days. The service, with priority berthing secured at both Seattle and Vietnam, has been launched exclusively in partnership with a top 20…
It is déjà vu as China’s second-busiest container port, Ningbo port, is now on “yellow alert” after some Covid-19 cases were found. If Ningbo port, which was locked down last August, is locked down again, and with Shanghai continuing to be closed off for the third week, logistical bottlenecks will be further exacerbated. As of 11 April, Ningbo had 11 new…
Port of Los Angeles has announced the completion of the Everport Terminal Improvement Project, located at berths 226-236 along the Los Angeles main channel. Amounting to US$65 million, the project will allow Everport Container Terminal to improve its container-handling efficiency and capacity to accommodate larger container ships. The deployment of larger vessels is therefore anticipated to encourage fewer ship calls,…
In the early days of 2022, the country’s efforts to restore the economy and life during the current covid 19 pandemic are increasingly complex and unpredictable. As a gift, encouragement to try to overcome all difficulties together, King Ship Solution and its member companies met together at the Year End Party at 5:30 pm on January 8, 2022 at Adora…
November volumes at the Port of Virginia in Norfolk were at an all-time monthly record, according to the Virginia Port Authority. Year-over-year volumes were nearly 4% higher, totaling 290,759 twenty-foot equivalent units. However, November’s volumes were down nearly 9% from October totals, which was the highest monthly volume on record at 318,482 TEUs. Import loads and empties supported November volumes, with import loads…
China’s near 100% monopoly of the container manufacturing business could have an Asian rival soon. Two South Korean firms – Seojin Systems and Ace Engineering – are constructing a container factory in Haiphong, Vietnam, due to go into operation in the middle of next year. The project is supported by state-run ship finance specialist Korea Ocean Business Corporation (KOBC). The…
The US remains a promising market of Vietnam and there remained large room for more exports, Minister Counsellor Bui Huy Son of the Vietnam Trade Office in the US told a consultation session on export to the US held via conference on November 30. Hanoi (VNA) – The US remains a promising market of Vietnam and there remained large room for…
Explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system nd expound the actual teachings of the great explorer of the truth the master-builder of humahappiness. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because those who do…
Explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system nd expound the actual teachings of the great explorer of the truth the master-builder of humahappiness. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because those who do…
