Tag Archives: container shipping

Terminals in Ports of L.A., Long Beach move container chassis fee to September 1

Again the container chassis issue creates controversy.  Leasing companies created a ‘pool of pools’ in the LA/Long Beach area but are not paying port operators for services and storage performed on or by the port operators.  The $5 fee on a loaded chassis (whether the container is empty or not) is supposed to cover this work.

It’s another example of how hard it is to get a pool to work well.  Normal ways of compensating participants are not usually fair to all parties; nor do they usually act to keep the pool together.  But here the issue is simply that the pool is skimming profits by benefiting from free work by a non-participant; or we could look at the terminals as a dummy participant that contributes no chassis but pays anyway.

We have a talk on a related aspect at the IAME 2016 annual conference in Hamburg later this month.

LONG BEACH, Calif.–The West Coast MTO Agreement (WCMTOA) has extended the implementation date of a new tariff rule for chassis services by one month.

Source: Terminals in Ports of L.A., Long Beach move chassis rule to September 1 – Canadian Shipper

‘Bizarre twist’ – HMM woos 2M Alliance

More about alliances!  Obviously there are not strong ties.

Speculation and debate continued today as to why Hyundai Merchant Marine has found itself in talks with Maersk and MSC

Source: ‘Bizarre twist’ as HMM changes tack and starts to woo 2M Alliance for membership – The Loadstar

On southwestern fringe, China’s Silk Road ambitions face obstacles

Here is an example of the difficulty of building a major infrastructure improvement, in this case, a rail line from China to Thailand and thence to Singapore.  Who’s got the money?

The answer is no one; and so they can’t agree on terms that advantage all of them fairly.  One interesting factor is land use rights.  Thailand and Laos will not give the Chinese land development rights on each side of the rail line.  Those were expected to help the Chinese pay for the route.  I think those countries are right to retain their sovereignty over the land.

screenshot-www.reuters.com 2016-06-07 08-17-27    Source: On southwestern fringe, China’s Silk Road ambitions face obstacles | Reuters