• 2018 January 23 17:31

    Maersk Line joins NYSHEX as founding carrier member

    The New York Shipping Exchange (NYSHEX), the innovator of the first digital forward freight contract for global container shipping, today announces the addition of Maersk Line as an investor making them a founding member.

    This marks a significant milestone for NYSHEX who now, in less than 9 months, has added six of the top global ocean carriers as members, representing a combined 52% of the global capacity (source: Alphaliner). Maersk Line joins Hapag Lloyd, CMA CGM, MOL, OOCL, and COSCO as carrier members of the exchange.

    The member carriers on NYSHEX now represent all three major alliances: 2M, Ocean Alliance and THE Alliance. This provides shippers with a broad array of services to choose from.

    "Our investment in NYSHEX is another example of our commitment to be a key player in the industry's digital transformation. This platform will help us expand the range of digital products and services to ultimately enhance the customer experience," mentioned Peter Hildebrandt, Head of Revenue Management for Maersk Line and future industry representative on the NYSHEX Member Council.

    Speaking to the importance of addressing the issues of over-bookings and rollings in the shipping industry, Omar Shamsie, President of Maersk Line North America added, "The time is now to create a more collaborative environment for all participants in the ocean transportation industry. That is why we're excited to begin piloting NYSHEX's processes and technology in North America starting March 2018 to increase visibility and certainty for shippers which we hope will result in a better end-to-end experience for our customers."

    With the NYSHEX platform, Maersk Line will offer a product for customers who want to agree and control their costs upfront, and receive a commitment from the carrier for the transport of their shipment. Maersk Line will begin piloting in its transpacific export agriculture market (exports from U.S. to Asia), as of March 2018.

    NYSHEX provides the global shipping industry with a simplified and standardized digital freight contract. NYSHEX is compliant with all U.S. regulations as well as the Federal Maritime Commission's contract filing requirements. Buyers of container shipping services: shippers and NVOCCs, use NYSHEX at no cost. Ocean carriers pay a transaction fee of $5/TEU.

    ABOUT NYSHEX

    Founded in 2015, The New York Shipping Exchange (NYSHEX) is enabling the transformation of the container shipping industry through two innovations: a new standard form freight contract and new way to trade ocean freight digitally. NYSHEX is a solution developed for the industry by the industry's leading shippers, NVOCCs and carriers. The mission of NYSHEX is to help shippers, NVOCCs and carriers overcome the historic inefficiencies in ocean freight contracting and in doing so, reveal the $23 billion economic opportunity that exists for the shipping industry each year.




2018 February 19

18:52 Russia’s Glavgosexpertiza gives nod to new phases of ZVEZDA Shipyard construction
18:05 Maersk Line increases FAK rates from Europe to West Coast South America, Caribbean and Middle America
17:05 Hapag-Lloyd introduces Asia – Middle East – New Asia Red Sea Service (AR1)
16:05 Maersk Line increases Reefer FAK rates from North Europe to Far East Asia
15:49 Iskes Towage & Salvage adds two more Damen ASD Tugs 2810 to its fleet
15:25 Maersk Line increases DRY rates from Russia to Far East Asia
15:02 The Russian Register of Seaports updates Port of Tuapse details
14:53 Nevsky Shipyard prepares the Akademik Pashin to test underway replenishment capabilities
14:26 Xeneta increases its data coverage by 161% in 2017
13:49 Rosmorport’s icebreakers assist shipping in the Gulf of Finland, escorted 17 vessels
13:12 GasLog reports financial results for 2017
12:01 GoodBulk announces delivery of Capesize vessel
11:46 Port of Mariupol freight volumes soar 32.3% to 455,860 tonnes
11:08 APL expands Eagle GO. Guaranteed service to 29 Asian port origins
10:48 NOVATEK inks cooperation MoU with Saudi Aramco
10:34 Crude oil futures price grows by 0.85% to $65,39 in London, in New York - by 1.25% to $62,45
09:08 Baltic Dry Index edges down 0.46% to 1084 points

2018 February 18

09:24 Hapag-Lloyd increases rates from Finland, Russia, Baltic States, Sweden, UK to East Asia (incl. Japan)
09:21 Preparing to define the Baltic Sea’s significant marine areas
09:19 Prime Minister Shri Narendra Modi inaugurates the Fourth Container Terminal of JNPT in Mumbai
09:14 Holland America Line to launch New EXC In-Depth Voyages

2018 February 16

18:06 CMA CGM announces FAK rates from the Indian Subcontinent to North Europe and the Mediterranean
17:54 Future Outlook Forum will take place on 20 March as part of Intermodal Asia 2018
17:36 Global Container Terminals orders 10 more Konecranes RTGs for its terminals in British Columbia
17:09 University of Kent partnership helps the Port of Dover cut queues and boost efficiency
17:06 Port of Oakland reports 2.1 percent increase in export volume in January 2017
16:58 Container throughput of port Hong Kong (China) up 9.2% to 1.81 million TEUs in January 2018
16:35 Royal Vopak expands Vopak tank terminal (JTT) in the Port of Jakarta - Indonesia
16:05 DP World signs agreement with government of Jammu and Kashmir at World Government Summit
15:53 Murmansk Sea Fishing Port handled 11,600 t of fish in January 2018, up 26.1% Y-o-Y (photo)
15:26 Cargo traffic through NSR in 2017 grew by 36% Y-o-Y to 9.9 mln t
15:25 PPR 5 agrees on the outline of IMO draft guidelines for implementation of the 2020 sulphur limit
15:01 NOVATEK to invest USD 1.5 billion in construction of LNG terminal at Kamchatka
14:37 Rosmorport announces tender for maintenance dredging at Volga-Caspian Canal
14:14 22 icebreaker escort operations performed in eastern part of Gulf of Finland during 24 hours on February 15-16
13:49 TransContainer’s net income in 2017 more than doubled Y-o-Y to RUB 5.42 million
13:25 Nuclear power plant of Vaygach icebreaker breaks Arktika’s record
12:30 Rosmorport appoints Irina Egorova as Chief Accountant of its Vanino Branch (photo)
11:56 BSM and Babcock International Group collaborate on innovative LNG Supply Vessel
11:23 EBRD supports efficient grain logistics in Ukraine
11:00 WFS, Marinvest, IINO, Mitsui, NYK to build four new ocean-going vessels capable of running on methanol
10:28 Research vessel Admiral Vladimirsky leaves Mumbai port, India
10:00 Port of Rotterdam container throughput up 12.3% in 2017
10:00 Brent Crude futures price up 0.51% to $64.66, Light Sweet Crude – up 0.54% to $61.67
09:39 New DNV GL class notations aim to improve stern tube bearing performance
09:34 Bunker prices continue going down at the Port of Saint-Petersburg, Russia (graph)
09:15 Baltic Dry Index down to 1,089 points

2018 February 15

18:27 Largest vessel to call at The Port of Philadelphia arrives from the West Coast of South America
18:06 Ampelmann gangway system installed succesfully on the Wagenborg Offshore's Walk to Work vessel
17:06 CMA CGM announces FAK rates from North Europe to China & Far East
16:57 Bunker market in anticipation of upward correction
16:38 Container throughput drives growth in Rotterdam
16:05 Caterpillar Marine announces upgrades to reman models in commercial and yachting applications
15:57 Kont to build 4 cruise terminals in the Leningrad Region
15:24 Number of maritime accidents in North Sea Canal Area down in 2017
15:04 LUKOIL's hydrocarbon production in 2017 up 2.4% Y-o-Y to 2.23 million boe per day
14:39 Peresvet and Oslyabya, ships of RF Navy’s Pacific Fleet, sail in training zone in Sea of Japan
14:16 UN Environment visits IMO
13:43 Jan De Nul to install wind turbine generators in Germany
13:12 Seaborne cargo throughput in Hamburg was stable Y-o-Y at 136.5 million tons