Your Focus on Consumer Goods Imports from Asia
A final rule of the Federal Maritime Commission gives guidance on the subject of demurrage and detention due to the COVID-19 pandemic.
The decision to declare Force Majeure requires clear evidence that events are out of the control of the carrier or third-party logistics services provider.
Negotiations on 2020-21 service contracts were also affected by COVID-19, but many terms are now defined up to April 2021.
Due to COVID-19, container import volume dropped significantly, leading to voided sailings and new routings. How can importers deal with the situation?
For the beginning of the year 2020 increases in rates and surcharges must be expected.
Los Angeles and Long Beach ports continue to push their Clean Air Action Plan to sharply reduce air pollution by trucks.
The jury confirmed a Portland terminal operator’s claim that the ILWU caused it severe losses in profits because it significantly reduced crane productivity.
The IMO mandate requiries all ocean carriers to use low sulfur fuels. The newly published increases pretty much stay within previously estimated dimensions.
Effective January 1st, 2020 the International Maritime Organization (IMO) mandats that vessels’ sulfur emissions must be reduced to not more than 0.5% A senior shipping executive opined “For the global shipping industry the switch to the IMO mandated 0.5% cap on sulfur emission equals in importance the historic switch from sailing-ships to steam powered vessels”.
Ocean carriers realized that ruinously low freight revenues could be stemmed only by applying “economics of scale” – and by forming ocean carrier alliances.
General rate increases, peak season surcharge filings and the cancellations of sailings – what to expect on or before January 1st and beyond.
In response to a petition filed by the Coalition for Fair Port Practice, the Federal Maritime Commission adopted a set of recommendations made by Commissioner Rebecca Dye to address detention and demurrage charge issues she uncovered during her 18 months fact finding investigation.
A terminal is considered fully automated when automated stacking cranes and straddle carriers are used to move containers to and from the vessel and container