Monthly Archives: July 2017

Port of Los Angeles Ends Fiscal Year with Western Hemisphere Record Volumes of 9.2 Million TEUs

The Port of Los Angeles closed its 12-month fiscal year with total cargo volumes of 9.2 million Twenty-Foot Units (TEUs), a new annual record for most container throughput for a Western Hemisphere port. Volumes increased 8.1 percent in June compared to the same period last year, marking the second busiest June in the Port’s 110-year […]

Maersk says too early to predict financial impact of cyber attack

Maersk said it was too early to predict the financial impact of last month’s global Petya cyber attack that hit the shipping giant’s computers and delayed cargoes, but added that normal operations had resumed at its ports. A.P. Moller-Maersk, Danish owner of the world’s biggest container shipping line, operates 76 ports via its APM Terminal […]

Shipping Jargon

We deal with a lot of shipping jargon and abbreviations on a daily basis, but not all of us know what it means and implications of incorrect usage of the jargon.. Here are several of the jargon we use in day to day shipping work.. This list will be a dynamic list, so please feel free […]