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.
China’s Container Trade Faces Hold-Offs Due to Supply-Demand Imbalance
Container xChange has released its latest China market update, shedding light on the current container price trends in China. Despite expectations of… Read More
Panama Canal Emissions Reductions Highlighted
The Panama Canal’s contributions to the reduction of emissions from the international shipping industry were presented last week during the… Read More
Container Shipping Still Rocked by Unpredictability
In-depth analysis of third-quarter container shipping costs reveals positive rate trends for the beleaguered container carrier industry. While the effects… Read More
New Requirements for International Shipping
A milestone on the road to controlling greenhouse gas (GHG) emissions from international shipping was achieved with the adoption of… Read More
UPDATED: Deadly Shipbreaking Fire in Pakistan Yard
An explosion on a tanker at the Gadani shipbreaking yard in Pakistan’s southwestern Balochistan province today killed 17 people and injured… Read More
Call for Maritime Big Data Connectivity Standards
The International Maritime Organization (IMO) needs to set standards for the communication connections between ship and shore or else create… Read More
BREAKING NEWS: Three Japanese Ship Lines to Merge Container Operations
The three largest Japanese container carriers, announced that they are merging their container operations. Nippon Yusen Kaisha (NYK), Mitsui OSK… Read More
Transportation/Logistics: Iran is Back Open for Business
When those 2016 Year in Review pieces start appearing, one of the news stories featured will be the resumption of… Read More
Maersk Line Returns to Iran
Iran is the latest country included in the Maersk Line organization. It is part of the UAE cluster comprising of… Read More
Danish Maritime Authority Embarks on Unmanned Ship Venture
The technology for unmanned ships is coming, but it is not yet known precisely where, when and to which extent…. Read More
LNG: Alternative to Heavy Fuel Oil for Maritime Transportation
CMA CGM and ENGIE have signed a memorandum of understanding to promote LNG as the marine fuel for tomorrow’s container… Read More
BREAKING NEWS: OCEAN Alliance Approved by FMC
The Federal Maritime Commission (FMC) has concluded its review of the proposed OCEAN Alliance, allowing it to become effective on… Read More
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