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Posted by sonny 03/02/2009 @ 01:43

Tags : shipping, transportation, business

News headlines
Japan's Retail Stocks Fall on Unemployment; Shipping Lines Gain - Bloomberg
Resource and shipping stocks gained after oil hit a six-month high and transport rates surged. Yamada Denki Co., Japan's biggest electronics retailer, lost 3.2 percent. Aiful Corp. lost 3.2 percent after Moody's Investors Service cut the consumer...
Pink dolphin a standout in La. shipping channel - The Associated Press
NEW ORLEANS (AP) — What's pink, has red eyes and leaps around a Louisiana shipping channel long enough for you to believe your eyes? A rare albino bottlenose dolphin. Bottlenose dolphins are common in the lower Calcasieu Ship Channel, feeding in the...
Mitsubishi UFJ Becomes World's Biggest Ship Lender - Bloomberg
By Chris Cooper May 28 (Bloomberg) -- Mitsubishi UFJ Financial Group Inc. surpassed Norway's DnB NOR ASA as the world's biggest lender to the shipping industry in the first quarter as banks slashed credit amid plunging demand for transporting...
Frontline Beats Street, Sinks New Ship Orders -
Oil shipper Frontline(FRO Quote) easily surpassed Wall Street forecasts with its latest quarterly earnings, but weak shipping rates continued to hang over the industry, severely shrinking the company's profit. With demand looking to stay soft into...
New Caledonian fears over flu ship - Australia Network News
New Caledonian officials are concerned the crew of the Pacific Dawn cruise ship failed to provide them with accurate information about the health of passengers, exposing the French Pacific nation to the risk of swine flu. Several people on the vessel...
Mediterranean Shipping Co. growing its local presence, adding ... - Charleston Regional Business
By Molly Parker Mediterranean Shipping Co. is digging in its heels in Charleston, continuing to grow its local presence while other shipping companies are cutting back. SC State Ports Authority Board Chairman David Posek announced Wednesday that the...
New shipping container office building - Mother Nature Network
Recycling shipping containers into new commercial buildings is an emerging green building trend; soon Providence, RI will the ranks of cities with recycled buildings. Shipping container homes have become increasingly popular over the past few years....
US Shipping Vessels Achieve Remarkable Safety, Environmental ... - SYS-CON Media (press release)
EDISON, NJ -- (Marketwire) -- 05/28/09 -- US Shipping Partners LP (PINKSHEETS: USSPZ) announced today that it has received a commendation by the American Maritime Officers for its strong safety and environmental record. Collectively, 10 vessels in the...
Railroad shipping: AAR says volumes down for week ending May 23 - Logistics Management
WASHINGTON—The Association of American Railroads (AAR) said today that carload freight volumes and intermodal traffic volumes were down on United States railroads for the week ending May 23 compared to the same week last year....
Sotomayor and wine: One pro's perspective - The Stew - Chicago Tribune Blog
Heald that the states couldn't have one set of rules for shipping wine directly to the consumer for in-state wineries and another set of rules for shipping from out-of-state. At the time what I thought was most remarkable was what seemed a rare...

United States Shipping Board

The Board was abolished, effective 2 March 1934.

Its successor agencies have been the U.S. Shipping Board Bureau of the U.S. Department of Commerce (1933-36); the U.S. Maritime Commission (1936-50); the U.S. Federal Maritime Board of the Department of Commerce (regulatory functions only, 1950-61); the U.S. Federal Maritime Commission (regulatory functions only, 1961- ); the United States Maritime Administration of the Department of Commerce (all other functions, 1950-81); and the U.S. Maritime Administration of the U.S. Department of Transportation (all other functions, 1981- ).

This article contains text from the U.S. National Archives and Records Administration website which, as a U.S. government publication, is in the public domain.

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The Panama canal.  A cargo ship transiting the Gatún locks northbound is guided carefully between lock chambers by "mules" on the lock walls to either side.

Shipping is physical process of transporting goods and cargo. Virtually every product ever made, bought, or sold has been affected by shipping. Despite the many variables in shipped products and locations, there are only three basic types of shipments: land, air, and sea.

Land or "ground" shipping can be either by train or by truck. Trucking is easily the most popular form of shipping. Even in Air and Sea shipments, ground transportation is still required to take the product from its origin to the airport or seaport and then to its destination. Ground transportation is typically more affordable than air shipments, but more expensive than shipping by sea. Trucks are also much faster than ships and rail but slower than planes.

Many trucks will take freight directly from the shipper to its destination in what is known as a door to door shipment. Vans and trucks of all sizes make deliveries to sea ports and air ports where freight is moved in bulk also.

Much shipping is done aboard actual ships. An individual nation's fleet and the people that crew it are referred to its merchant navy or merchant marine. Merchant shipping is essential to the world economy, carrying the bulk of international trade. The ships are also extremely expensive constructions themselves, being some of the largest man-made vehicles ever. The term originates with the shipping trade of wind power ships, and has come to refer to the delivery of cargo and parcels of any size above the common mail of letters and postcards.

Ground shipping can be cheaper and less restrictive to size, quantity, weight, and type of freight than by air transport. Air transport is usually reserved for products which must be sent within a shorter time frame. Some carriers offer ground shipping that operates on an exact timeline as air does. This is a recent development becoming mainstream among major carriers since the late 1990s. UPS and FedEx both offer guaranteed day ground shipping.

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Shipping line

A shipping line is a business that operates ships that it may or may not own.

Large-scale shipping lines only became widespread in the nineteenth century, after the development of the steamship in 1783. At first, Great Britain was the centre of development of the shipping line. In 1819 the first steamship crossing of the Atlantic Ocean took place; by 1833 shipping lines had begun to operate steamships between Britain and British Empire possessions such as India and Canada. Three major British shipping lines were founded in the 1830s: the British and American Steam Navigation Company, the Great Western Steamship Company and the Peninsular Steam Navigation Company.

Almost every shipping line is registered on well known ports of the world and only the registered shipping lines are allowed to enter the port.

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Hanjin Shipping

The Hanjin Ottawa

Hanjin Shipping Co., Ltd. is a global shipping company based in South Korea. It is a subsidiary of the Hanjin Group.

Hanjin Shipping's subsidiaries include Hanjin Logistics, Keoyang Shipping, Senator Lines, and CyberLogitec. Hanjin Shipping currently transports over 100 million tons of cargo annually. Its fleet consists of some 200 ships, which are a common sight off the West Coast of the United States.

Hanjin Shipping has 3 regional headquarters, 200 overseas branch offices, and 30 local corporations. The company earns about 90% of its total revenue overseas.

Hanjin Shipping's logistics network includes 11 dedicated terminals in Long Beach, Tokyo, Kaohsiung, and Busan among others and six inland logistic bases in such locations as Shanghai, Qingdao, and Port Kelang. 4 more dedicated container terminals are scheduled to open in the near future; in Rotterdam in 2008 Busan New Port of the development Phase 2-1 in 2009, Vietnam and Jacksonville in 2011.

Hanjin Shipping’s ship repair yard in China scheduled for completion in 2008 will provide repair services not only for its own vessels but also for other carriers, thereby functioning as a new source of income for the company.

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Source : Wikipedia