What's happening in U.S.
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Preparing for conflict: Life of US west coast ports threatened
by longshoremen's greed |
ALREADY under pressure from a tendency for Asian cargo to bypass the US west coast, the longshoremen's union will unwittingly drive another nail in the coffin of the beleaguered transpacific trade. Worse, a divided management will let them get away with it.
Don't look to politicians for help. They are pro-labour on the US Left Coast, and even those who are not are more worried about their electoral fortunes in the next two years than any longer-term threat to shipping....>More
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US east coast planners expect smaller vessels rather than the mega ships to come |
US east coast ports in recent years are competitively united seeking drafts of 12 to 15 metres in expectation of docking postpanamax ships no larger than 12,000 TEU.
This obsolete approach is inadequate given that shipping alliances have since moved on from their usual limits of 6,500-10,000 TEU into the 13,000 TEU range, and in a few years to come, rising to 15,500-TEU ships.
The US Army Corps of Engineers estimates that by 2030, 63 per cent of container shipping will be in the 13,000-TEU class with some 15 to 20 per cent will be in the 8,000 - 10,000 TEU range with many 4,000-10,000 TEUers surviving and thriving.
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US Hours of Service rules for truckers add another burden that slows global recovery |
BACK in the 1972, there was the Oil Shock when the Organisation of Petroleum Exporting Countries (OPEC) jacked up the price of oil in an openly acknowledged cartel, after refusing a drastic reduction in the buyers' price imposed by the Seven Sisters, the cartel of the oil majors.
In response, the US government implemented a 55 mile per hour speed limit (90 kph). Opinion leaders, feeling groovy in command of high media posts, joined the universal Simon and Garfunkel chorus: "Slow down, you move too fast. You got to make the morning last."
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Outcome of Panama versus Suez rivalry for US east coast Asia cargo yet to play out
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THE top Panama Canal planner confessed to being surprised by developments in skyrocketing ship sizes over the last seven years, but feels that much of the US east coast-bound cargo from Asia lost to the rival Suez Canal will return once the Central American waterway expansion completed in 2015.
Now limited to 4,500-TEU ships, the Panama canal expansion was designed to more than double capacity handling 10,000-TEUers, but that grossly underestimated the growth in containership sizes which have shot up in the last seven years to 18,000 TEU with talk of 22,000 TEUers yet to come..... >More |
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Transpacific trade prospects remain uncertain but TSA
carriers endeavour to hike rates
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ANALYSTS differ sharply in forecasting the transpacific trade this year, with some doubting that there will be much of a peak season at all while others expect slight or even substantial improvement.
Gloomy Drewry Shipping Maritime Research and Alphaliner analysts expect the transpacific trade might not see a peak season this year despite signs of economic improvements emerging.
The tone of August edition of the Cass Freight Index report was quite conservative. It believed there would be a slow growth in the US economy, but feared that it might be a short-lived rebound.
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October
Issue - Intra Asia Trade
Indonesian exports stay robust, despite economic woes:
Maersk report
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Intra-Asia to lead trade growth in 2013, but questions on
stability remain
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Intra-Asian trade boosts Port Klang throughput
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No takers for liner trade in Malaysia
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September
Issue - Mediterranean &
Africa Trade
Africa remains a high growth area for port development,
says Drewry
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Drewry: Chinese terminal operators invest overseas to
diversify risk
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Drewry sees Asia-Mediterranean trade decline as a
worldwide trend
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West-east Med-North America box route May traffic up, but capacity slips
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If Suez shuts down, we have capacity, speed to cope via
Cape: Drewry>More
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August
Issue - China Trade
Is there more to the 'Big 3' alliance than meets the eye?
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How Carrefour's China sourcing paid off
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MSC's move to all in rates an ominous sign for carriers?
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It pays to be big in container shipping these days>More
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July
Issue - Europe Trade
Information overload leaves industry confused about outlook
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Record-high delivery of boxships in 2013, but fleet growth may be marginal
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East-West rates sharp slump reveals rising volatility in
container shipping
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The covert consolidation of the container shipping industry >More
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June
Issue - U.S. Trade
US economic outlook - is the glass half full or half empty?
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The 'new normal' in a post-financial crisis world
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Keeping an eye on supply in 2013
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Where to now for China as low-value goods manufacturing
reaches plateau >More
Global shipper highlights the need for carriers to focus on
service and not price >More
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May
Issue - Mediterranean & Africa Trade
Bleak outlook for Asia-Med in 2013, but big ships may
prove key to optimism
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Trade profile: The Red Sea (An Overview)
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Weak Asia-Med volumes not enough to dampen
Barcelona's spirit
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Volatility to persist for Asia-Europe and Med rates in 2013 >More
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April
Issue - Intra Asia Trade
Up and coming Cambodia to play growing role in
Intra-Asia trade
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Thai authorities to invest hopes on Laem Chabang port
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Cabotage: a formidable barrier to world trade growth, says
World Economic Forum
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Cheap Malaysian bunker fuel lures carriers away from
Singapore >More
Global container trade growth for 2013 revised down as
market mood darkens >More
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March
Issue - China Trade
Shipyard capacity could be slashed by 40pc and still meet demand
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How Carrefour's China sourcing paid off
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Big ships do shippers no favours: fewer calls, slow transits, high inventory costs
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Early forecast points to stronger 2013 after
disappointing 2012 >More
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February
Issue - Europe Trade
Will a merger between Germany's two premier
container carriers materialise? >More
High hopes for Wilhelmshaven terminal amidst
Europe gloom >More
Weak Asia-Med volumes not enough to dampen
Barcelona's spirit
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Go big or go home: Smaller carriers' days on
Asia-Europe trade are numbered
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The challenges of creating stability in a naturally
unstable market
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January
Issue - U.S. Trade
Shippers and carriers realise the benefits of shipping
through Houston
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US data offers confusion about economic outlook for
shipping's number one customer
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Port of Portland set to take advantage of changing
global economic climate
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Ports must view market as a marathon, not a
100-metre sprint, says Long Beach
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Is the sunset of panamax vessels close at hand?>More
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December
Issue - Intra Asia Trade
No luck for PSA in Indian Subcontinent as terminal operator looks to homeward expansion
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How much has changed in the liner landscape in 2012
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Trade profile: Southeast Asia (Overview)
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Myanmar calling: shipping lines set sights on new opportunity
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What will be the fate of Malaysia's Penang Port? >More
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