As offshore operators continue to work as part of an industry in transition, it is worth taking a moment and stepping back to ascertain the true scope of change that the sector has, and is still continuing to face.
As Norfolk Southern Corp. marketing executive Carroll E. Neville looks forward to the 113th anniversary dinner of The Traffic Club of New York, set for Feb. 28, he still finds himself having to explain how come a man whose office is in South Carolina is president of a New York-based professional organization.
An Evergreen ship, the Ever Summit, that struck a gantry crane at the GCT Vanterm container facility in the Port of Vancouver on January 28 has been freed through recovery operations and is expected to depart on Thursday morning, announced GCT spokesperson Louanne Wong.
Recovery work is continuing at the GCT Vanterm container facility in the Port of Vancouver where all cargo-handling has ceased since the collapse last Monday of a gantry crane struck by an Evergreen ship, the Ever Summit.
With tariffs, a U.S.-China trade dispute and technology developments, the U.S. transportation industry was anything but lackluster in 2018. Although the industry in general fared well despite major disruptors, uncertainty surrounding tariffs raise concerns for the future.
Wendy Cutler, the Vice President of the Asia Society Policy Institute and a former acting deputy U.S. Trade Representative, who had also negotiated the then U.S. led 12-member Trans-Pacific Partnership (TPP), could hardly conceal her disappointment when asked by this correspondent at a recent discussion at the Asia Society in New York to share her thoughts on the U.S. withdrawal from the TPP. She called it a “mistake”.
There appears to have been some shipping delays but no major cargo diversions as a result of the collapse of a gantry crane struck by Evergreen’s 7,000-TEU Ever Summit vessel berthing last Monday at one of the four container terminals at the Port of Vancouver.
Longtime ocean carrier executive Howard S. Finkelsays rates are still too low as the American Association of Port Authorities’ 12th annual Planning for Shifting Trade Conference gets under way today [Jan. 30] in Tampa, Florida.
Demurrage and Detention quickly become a shipper’s nightmare and can result in thousands of dollars in per diem charges. Costs that arise because of bad planning, unforeseen circumstances and bad communication and play such a big role in the final cost of freight.