Tag Archives: Shipping

FMC Rejects Japanese Trio’s Shipping Agreement 

More on the issues of mergers.

The rejection was technical, based on the fact that the three companies wanted to share information prior to a merger.  The FMC claimed no jurisdiction in this case. After the merger, the alliance could be reconsidered and might be allowed to share data.  I don’t feel it will ultimately affect the alliance plans.

 Source: FMC Rejects Japanese Trio’s Shipping Agreement | World Maritime News

Maersk Line to Pay $4 Billion for Hamburg Süd

More mergers in ocean carrier ranks. Payback out of savings in 8 years. And what does this do to alliances?  We’ll find out, won’t we?

Maersk has finalized its purchase of container shipping line Hamburg Süd from the Oetker Group after both boards approved a Sale and Purchase Agreement today.

Source: Maersk Line to Pay $4 Billion for Hamburg Süd – Supply Chain 24/7

logo
By Mike Wackett (The Loadstar) – “Organised chaos” – that’s how one carrier describes the Asia-Europe schedules of the Ocean and THE alliances, believing there’s very little hope of vessels hitting itineraries before June. The source, an alliance member, told The Loadstar the transition of ships and containers from previous schedules to their new alliance hubs […]

screenshot-gcaptain.com 2017-04-28 10-03-26Source: New Shipping Alliances Bringing Chaos to Asia-Europe Tradelanes – gCaptain

Newly Raised Section of Bayonne Bridge Open to Traffic

The bridge in New York is open to traffic, but the big ships cannot pass yet.  Nevertheless, it’s just a matter of some time till the Port of New York/New Jersey starts accommodating the larger ships that can use the Panama Canal now.  This may give the New York area ports a big boost over the other East Coast competition.

BAYONNE, N.J. (AP) — The newly raised Bayonne Bridge is back in business.

Source: Newly Raised Section of Bayonne Bridge Open to Traffic | New York News | US News