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.

Virginia and Baltimore Companies Unite to Solve Shipping Challenges Post-Bridge Collapse

Following the collapse of the Francis Scott Key bridge in Baltimore, companies from Virginia and Baltimore have banded together to… Read More

Maersk Will Reshuffle Vessels and Services as Part of Panama Canal Strategy

Peter Buxbaum 7:40 AM  6/27/2016

The inauguration of the expanded Panama Canal will prompt an increase in vessels and services by the world’s largest container… Read More

Inaugural Transit of the Expanded Panama Canal

Haylle Sok 7:12 AM  6/27/2016

Early yesterday morning, the inaugural transit of the Panama Canal expansion began with the transit of neopanamax vessel COSCO Shipping… Read More

Fuel Saving Device to Cut Transportation Costs

Andrew Spence 4:18 AM  6/27/2016

A device to cut fuel use by 10 to 15 percent while reducing the exhaust emissions of internal combustion engines… Read More

Understanding the Need for SOLAS

Mike Coney 5:12 AM  6/22/2016

I started my career at the age of 17 in the Royal Navy and in my time in the service… Read More

Hyundai Merchant, Creditors Agree on Debt Restructuring

Haylle Sok 8:41 AM  6/20/2016

Hyundai Merchant Marine Co., a financially troubled shipping company based in South Korea, has announced that it has reached an… Read More

Arctic Coast Guards to Develop Joint Strategic Plan

Peter Buxbaum 7:45 AM  6/20/2016

A milestone was reached last week when leaders representing all eight coast guard agencies of the Arctic nations signed a… Read More

The Top Three Reasons Freight Shippers Switch Containership Carriers

Peter Buxbaum 4:46 AM  6/18/2016

Xeneta, the Oslo-based benchmarking and market intelligence platform for containerized ocean freight, has queired its worldwide database of contributors to… Read More

Panama Canal’s Chartered Training Vessel Transits New Locks

Peter Buxbaum 4:18 AM  6/17/2016

The Panama Canal’s chartered vessel transited the new Atlantic-facing Agua Clara Locks today. These transits, performed by the neopanamax dry… Read More

Fight for Southeast Asia Transshipment Volumes Heats Up

Peter Buxbaum 2:58 AM  6/17/2016

What’s behind the French ocean shipping line CMA CGM’s joint venture with PSA Singapore Terminals? It’s an attempt by PSA… Read More

OOCL Will Penalize Shippers for VGM Discrepancies

Peter Buxbaum 4:09 AM  6/16/2016

Orient Overseas Container Lines (OOCL) has announced that it will impose on shippers the costs of any failure to comply… Read More

Shipping on St. Lawrence Seaway Off to Solid Start

Peter Buxbaum 3:32 AM  6/16/2016

Demand for raw materials from the U.S. manufacturing and construction sectors has kept St. Lawrence Seaway cargo shipments at a… Read More