International shipping industry news? You’ll find it in Global Trade. Check out trade articles about ocean carriers and port destinations.
Ocean carriers have become the standard for connecting trading partners from different geographies, especially when large volumes of freight must be sent over significant distances. Freight costs on carriers are among the lowest available, making these remarkable ocean liners the preferred choice for shipments that are not adversely impacted by a longer transportation time – anywhere from 10 to 30 days. However, maintaining these lower costs has been a challenge in an asset-heavy, highly competitive industry that requires considerable financial investment – not just in the ships themselves, but in fuel and carriers as well. This may be one reason why many major carriers have expanded their services to also incorporate freight consolidation, warehousing, and truck and rail service, so shipments can literally now be made door-to-door rather than port-to-port.
Project is focused on a design ready for construction and reflecting upcoming market trends
Dalian Shipbuilding Industry Company Ltd. (DSIC) and the classification society DNV GL announced the signing of a joint development project… Read More
Bringing clarity, access, and efficiency to the delivery of cargo from carrier to shipper will be key to improving the… Read More
Hapag-Lloyd is continuing to focus on the growing market in East Africa. With annual growth rates of six percent, the… Read More
United States Secretary of Transportation Elaine L. Chao has announced that the Maritime Administration (MARAD) will establish a new, dedicated… Read More
Officials from the Port of Los Angeles and APL welcomed the first arrival of APL’s new premium cargo delivery service,… Read More
CargoSphere, a neutral rate network for container shipping, has announced that Maersk Line has gone live with digital, fully-automated distribution… Read More
United States District Judge Helen Gillmor has sentenced Hai Soon Ship Management, a Singaporean shipping company, to pay a fine… Read More
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