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03
Mar
PANAMA CANAL – New Fees due to climate change
Transportation & Logistics Council, Inc. Unlike the Suez Canal, which is a sea-level cut without locks, the Panama Canal has to lift vessels up 85 feet through a series of three locks, and then lower them back down. The engineering […]
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17
Mar
THE ROTTERDAM RULES – WHERE DOES THE US STAND?
On 11 December 2008 the UN General Assembly adopted the “Convention of Contracts for the International Carrying of Goods Wholly or Partly by Sea” during a signing ceremony for the Convention which was held in Rotterdam, recommending the new Convention to be known as […]
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06
Feb
INDUSTRY PETITIONS FMC FOR REPRIEVE FROM “UNFAIR” PORT FEES
A broad range of retailers, manufacturers, truckers and other business groups in the United States are appealing to the Federal Maritime Commission to set new policy preventing terminal operators and ocean carriers from charging unfair fees when uncontrollable incidents such […]
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06
Jan
International Shipping: Intimidating, Yet Rewarding for Your Business
The world of transportation and logistics can appear very confusing to those outside the industry or for those attempting to break in to it. It is an industry mired in rules, regulations, terminology and high expectations. This is especially true […]
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17
Nov
HANJIN SHIPPING BANKRUPTCY UPDATE
The Hanjin Shipping bankruptcy continues to have worldwide impacts with legal battles over cost and equipment liabilities related to the bankruptcy playing out in the courts. But there is a glimmer of good news on the horizon. Hanjin filed for […]
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26
Jul
Why More Federal Freight Funding is Good News for Ports
When has more funding for anything not been good news? This time its good news for US ports. The Transportation Department awarded $760 million of freight-oriented FASTLANE grants on July 6 that will help fund 18 freight mobility projects in […]
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12
Jul
Are U.S East Coast Ports ready for the Panama Canal expansion?
On June 26th the newly widen Panama Canal opened its third lane that will be used to accommodate larger container ships. The Panama Canal Expansion doubled the capacity of the canal. Along with a new lane, the canal has enlarged […]
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16
Jun
Safety of Life at Sea (SOLAS) – VGM
Verified Gross Mass (VGM) Requirements The international treaty known as the Safety of Life at Sea (SOLAS) affects all shipment by water effective July 1, 2016. SOLAS requires the filing of a Verified Gross Mass or weight (VGM) as a […]
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25
Apr
Panama Canal Draft Restriction
An ongoing drought has prompted the Panama Canal Authority to once again impose draft restrictions on the waterway. Effective May 9, the maximum draft allowed in the canal will be 11.59 meters (38 feet), an advisory from the authority said. […]
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19
Oct
COSCO – CHINA SHIPPING MERGER
After much talk, a merger between China Ocean Shipping Co., (COSCO Group) and China Shipping Group Co. are finally in the works. If followed through, the deal could value anywhere from $15 billion to $20 billion or more and create […]
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