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    Archives

    Monthly Archive for: "June, 2016"
    Home » Archives for June 2016
     Should Importers Worry About VGM Rule Taking Effect Tomorrow?
    0
    By Jared Vineyard
    In importers, International Shipping, VGM
    Posted June 30, 2016

    Should Importers Worry About VGM Rule Taking Effect Tomorrow?

    It’s hee-eere. The new Verified Gross Mass (VGM) rule goes into effect tomorrow: July 1st. For many exporters, imagining the little girl from Poltergeist saying that first line of this post [...]

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    0
    By Jared Vineyard
    In CFR, CIF, CPT CIP, DAP, DAT, DDP, EXW, FAS, FCA, FMC, FOB, incoterms, international business, International Shipping, Uncategorized
    Posted June 28, 2016

    All Incoterms Made Fast & Simple in New Video Series

    Finally, all Incoterms defined and in one easy to access place! A video series on Incoterms from Universal Cargo’s Universal Shipping News has just been completed, allowing shippers and [...]

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     Hyundai Might Become Third Member of 2M Alliance!
    0
    By Jared Vineyard
    In 2M, 2M Vessel Sharing Agreement, carrier alliances, container shipping, Container Shipping & Transport, HMM, Hyundai, Hyundai Merchant Marine, Ocean Alliance
    Posted June 23, 2016

    Hyundai Might Become Third Member of 2M Alliance!

    Hyundai Merchant Marine (HMM) stock just shot up by the maximum daily allowable amount. This must make debtors of the nearly $5-billion-in-debt shipping line feel good right about now. In a [...]

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     Things Get Worse for Hanjin
    0
    By Jared Vineyard
    In container carriers, Container Shipping & Transport, Hyundai, Hyundai Merchant Marine, International Shipping
    Posted June 21, 2016

    Things Get Worse for Hanjin

    Illegal. That’s what Seaspan called Hanjin Shipping Co.’s request for a cut in charter rates on the ships it leases from the container ship leasing company. Kyunghee Park [...]

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     Are Low Freight Rates Bad for Shippers in Long Run?
    2
    By Jared Vineyard
    In container, container carriers, container shipping, Container Shipping & Transport, freight rates
    Posted June 16, 2016

    Are Low Freight Rates Bad for Shippers in Long Run?

    This year has seen record low freight rates. While freight rate pricing has been increasing, shippers are still paying significantly less than in previous years. World Maritime News reported a [...]

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     S. Korean Carriers Hanjin & HMM Could Be Forced Into Merger
    0
    By Jared Vineyard
    In carrier alliances, carrier merger, Container Shipping & Transport, HMM, Hyundai, Hyundai Merchant Marine, International Shipping
    Posted June 14, 2016

    S. Korean Carriers Hanjin & HMM Could Be Forced Into Merger

    South Korea might have been taking notes when China pushed for the merger of its two, big, state-owned shipping companies, Cosco Group and China Shipping Group. South Korea may force Hanjin [...]

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     Are You Ready for VGM Rule Going Into Effect Next Month, Shippers?
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    By Jared Vineyard
    In container shipping, Container Shipping & Transport, Shipping Container, shipping container weighing, shipping containers, VGM
    Posted June 9, 2016

    Are You Ready for VGM Rule Going Into Effect Next Month, Shippers?

    July 1st is less than a month away. Many in the international shipping industry are nervous about that. That’s because July 1st is when the International Convention for the Safety of Life [...]

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     ILWU Slowly Considers Early Contract Negotiations
    1
    By Jared Vineyard
    In container shipping, Container Shipping & Transport, ILWU, ILWU contract, ILWU Contract Negotiation, ILWU Negotiations, International Shipping, PMA
    Posted June 7, 2016

    ILWU Slowly Considers Early Contract Negotiations

      Back in March, the Pacific Maritime Association (PMA) officially requested the International Longshore & Warehouse Union (ILWU) start early talks to extend the current contract that [...]

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     Hyundai Merchant Marine Keeps Afloat
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    By Jared Vineyard
    In carrier alliances, International Shipping
    Posted June 2, 2016

    Hyundai Merchant Marine Keeps Afloat

    Last week when we blogged on Hyundai Merchant Marine (HMM), South Korea’s second largest largest container carrier’s theme song was Queen’s “Another One Bites the [...]

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     How Mobile is Emerging as Next Major U.S. Port
    1
    By Jared Vineyard
    In container ports, container shipping, Container Shipping & Transport, International Shipping
    Posted June 1, 2016

    How Mobile is Emerging as Next Major U.S. Port

    When you think of major U.S. ports, the obvious ones that come to mind are probably the Ports of Los Angeles and Long Beach on the West Coast, the Ports of New York and New Jersey on the East [...]

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