By Mark Edward Nero
After what it calls an “exhaustive” review, the US Federal Maritime Commission has concluded its investigation of the proposed Ocean Alliance, comprised of COSCO Shipping, CMA CGM, Evergreen Marine, and Orient Overseas Container Line Ltd. (OOCL), the FMC announced Oct. 21.
With the review over, the alliance became effective Oct. 24.
“Today’s announcement follows an exhaustive review process by the commission that thoroughly examined all aspects of the proposed agreement to assure that competition in the ocean transportation industry would not suffer,” the FMC said in a statement. “Commissioners and commission staff extensively engaged filing counsel on a number of issues, and took advantage of the opportunity allowed for under the law to issue a request for additional information, which necessitates the filing of further documentation in support of the application."
Alliance members are now permitted to share vessels; charter and exchange space on each other’s ships; and, enter into cooperative working arrangements in international trade lanes between the United States and ports in Asia, Northern Europe, the Mediterranean, the Middle East, Canada, Central America and the Caribbean.
“The commission worked very hard to balance the needs of not only the Ocean Alliance applicants, but all other parties involved in the intermodal supply chain, with the ultimate goal of safeguarding competition in international oceanborne common carriage, with the American shipping public foremost in mind,” Federal Maritime Commission Chairman Mario Cordero said.
The agreement represents a consensus of what will allow Ocean Alliance carriers to achieve efficiencies without harming the marketplace, Cordero remarked.
Showing posts with label Evergreen Marine. Show all posts
Showing posts with label Evergreen Marine. Show all posts
Tuesday, October 25, 2016
Tuesday, May 14, 2013
Long Beach Receives Best Seaport Award
The Port of Long Beach received the award for best North American seaport at the 2013 Asian Freight and Supply Chain Awards on May 9 in Beijing.
The award recognizes the best ports as judged by importers, exporters, and logistics and supply chain professionals. The POLB beat out nine other ports for the honor this year, including the ones in Los Angeles, Oakland, Seattle and Vancouver. This marks Long Beach’s 16th win in the past 18 years in the best seaport category.
“We deeply appreciate this recognition, which comes from members of the supply chain industry,” said Port of Long Beach Executive Director Chris Lytle said. “We thank our customers, the Asian Freight and Supply Chain Awards and Cargonews Asia for this honor.” The annual Asian Freight and Supply Chain Awards, also known as the “Shippers’ Choice” awards, are based on an annual poll of thousands of professionals in freight transportation services. The awards are organized each year by the Cargonews Asia shipping publication. This year’s event was the 27th annual.
Awards are given in many categories, including best shipping lines, container terminals, air cargo terminals, airports and rail haulers.
Among this year’s other winners were Evergreen Marine, which received the award for Best Shipping Line – Transpacific; Maersk Line, which won the Best Global Shipping Line award; and Kerry Logistics, which was named Best Logistics Service Provider – Sea Freight.
The award recognizes the best ports as judged by importers, exporters, and logistics and supply chain professionals. The POLB beat out nine other ports for the honor this year, including the ones in Los Angeles, Oakland, Seattle and Vancouver. This marks Long Beach’s 16th win in the past 18 years in the best seaport category.
“We deeply appreciate this recognition, which comes from members of the supply chain industry,” said Port of Long Beach Executive Director Chris Lytle said. “We thank our customers, the Asian Freight and Supply Chain Awards and Cargonews Asia for this honor.” The annual Asian Freight and Supply Chain Awards, also known as the “Shippers’ Choice” awards, are based on an annual poll of thousands of professionals in freight transportation services. The awards are organized each year by the Cargonews Asia shipping publication. This year’s event was the 27th annual.
Awards are given in many categories, including best shipping lines, container terminals, air cargo terminals, airports and rail haulers.
Among this year’s other winners were Evergreen Marine, which received the award for Best Shipping Line – Transpacific; Maersk Line, which won the Best Global Shipping Line award; and Kerry Logistics, which was named Best Logistics Service Provider – Sea Freight.
