May 16, 2016/
This past week a group of 19 container lines stated that ocean export customers will not be held legally liable for any inaccuracies regarding the container tare weights in a VGM. Under the SOLAS laws, in effect July 1st,...
This past week a group of 19 container lines stated that ocean export customers will not be held legally liable for any inaccuracies regarding the container tare weights in a VGM. Under the SOLAS laws, in effect July 1st,...
The Port of Virginia has determined that they will not accept containers without a VGW come July 1st , as the new SOLAS mandate goes into effect. Though we have no update from the rail lines that carry many...
Though total container volume for March has fallen 7.2%, the Port of Virginia states this is the second best March total on record with 120,519 TEUs. The fall is attributed to an outstanding March of 2015 where inclement weather...
The state of Virginia has approved a $350 million state-backed bond deal to the Norfolk International Terminal. Pending signature of Governor McAuliffe, the bill’s primary supporter, the money looks to expand the facility after 2015 traffic congested the port...
The US Coast Guard has been asked to re-clarify its position on the SOLAS weight mandate for containers after Rear Admiral Paul Thomas said the rule was a commercial matter and not a regulatory decision. Considering the rule takes...
As the bunker surcharge drops, some shipping lines are rerouting their vessels to move around the Cape of Good Hope instead of voyaging through the Panama and Suez Canals. Carriers offset the distance by speeding up the ships so...
On January 29th at 11AM EST, one thousand longshoremen at the port of New York walked out, violating the no strike provision of their contract, and effectively halting operations at the third busiest port in the United States. Citing...
The Virginia Port Authority plans to enter an agreement to become a sister port with the Port of Mariel, Cuba to enhance trade between the two. Virginia Governor, Terry McAuliffe spearheads the idea of linking the ports, working tirelessly...
On December 26th, the largest containership, the CMA CGM Benjamin Franklin, called on Los Angeles, CA. With a capacity of 18,000 TEUs the Benjamin Franklin is the first megaship to call on a US port. Up to this point,...
Port of Virginia surpassed 200,000 TEUs for ninth consecutive month and expects to exceed 2.5 million TEUs for 2015! We’ve been watching the Port of Virginia for the last several months as though they’re an underdog in a championship,...
