The U.S. Federal Maritime Commission (FMC) issued a ruling on February 13, which orders ocean carriers to cease requiring cargo owners and their truckers to use specific chassis on port-to-port shipments. This ruling validates the 2023 chassis choice initial decision, in which Erin Wirth, FMC Chief Administrative Law Judge, determined that exclusive agreements between ocean…
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The ripple effect of the Panama Canal and the Red Sea re-routings continue to impact the industry. India is largely dependent on the Red Sea route through the Suez Canal for its trade with Europe, North America, North Africa, and the Middle East. These regions accounted for about 50 percent of India’s exports and about…
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This Lunar New Year ushers in the Year of the Dragon, bringing week long factory closures across Asia. Labor shortages are expected in terminals, warehouses, brokers, and other relevant parties.Most businesses will be closed in observance of the following holidays:Mainland China—Lunar New Year / Spring Festival: February 10-17Hong Kong—Chinese New Year: February 10-13Vietnam—Lunar New Year…
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The announcement that Maersk and Hapag-Lloyd are joining forces in what they call the “Gemini Cooperation” comes with little surprise. The three transpacific Vessel Sharing Alliances (VSAs) serving USA ports are prime for a makeover in the next year or two. Maersk and Mediterranean Shipping Company (MSC) announced the dissolution of the ‘2M Alliance’ in…
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The current landscape in the Panama Canal and the Red Sea are impacting the industry rapidly. Mohawk Global continues to analyze the ever-changing developments, to better understand the influence that further actions may have on our clients. Panama Canal The Panama Canal is vital for East-West trade and positive developments could ease some of the…
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After a string of recent attacks on commercial vessels in the Red Sea, several major ocean liners have announced the temporary suspension of their vessel traffic through the Red Sea, and in turn the Suez Canal. While only Maersk and Hapag have announced the pauses so far, other carriers may follow suit. It was previously…
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Shipping lines have begun changing traditional vessel routes from transiting through the Panama Canal, due to decreased water levels, to passing through the Suez Canal. There have also been recent attacks on both naval and commercial vessels in the Red Sea, as part of the ongoing conflict in the region. This has contributed to ocean…
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The Panama Canal Authority (PCA) has been implementing various measures due to the prolonged dry season and insufficient precipitation in the Canal watershed. A few methods include the use of water saving basins in the Neopanamax Locks and cross-filling in the Panamax Locks. Despite all measures taken, the level of Gatun Lake has continued to…
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Ocean carriers and their respective empty container receiving terminals are applying various charges to drayage companies and freight forwarders (FF) due to damage or improper cleaning of empty containers upon their return. In an effort to prevent such charges, we must stress that every effort be made to document the state of a container at…
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UPDATE: 10/3/2023—Congress was able to avoid a government shutdown and fund all operations through November 17. How will this impact the industry? There will not be delays as anticipated.However, please be aware that the short-term spending bill that passed only funds the government through November 17. We may find ourselves back in the same position…
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