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.
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
Kewill Expands Partnership with INTTRA
INTTRA, the ocean shipping electronic marketplace, has announced the expansion of its partnership with Kewill, a leading provider of innovative… Read More
Hapag-Lloyd Enhances Fleet with 3,000 New Refrigerated Containers
Enhancing its capabilities for shipping perishable goods, global container shipping line Hapag-Lloyd recently added 3,000 PrimeLINE units to its fleet,… Read More
MOL Enhances CSW Service between Asia and East Coast South America
Mitsui O.S.K. Lines has announced the enhancement of its Asia and East Coast South America trade by merging existing CSW… Read More
Oakland Container Terminal Reopens
The recent arrival of the 8,452-TEU (20-foot equivalent unit) containership Ever Liberal marked the reopening of the Ben E. Nutter… Read More
Measuring Performance
To engage in the business of global trade, picking the right ocean carriers is key to ensuring your goods get… Read More
Number of Piracy and Armed Robbery Incidents on Ocean Vessels Increased in 2015
A total of 200 incidents of piracy and armed robbery against ships–comprising 187 actual incidents and 13 attempted incidents–were reported… Read More
AAL Pulling its Weight in Venezuela
AAL has successfully delivered its first shipments of heavy lift cargo, destined for the Petroleos de Venezuela SA (PDVSA) Puerto… Read More
Stifel Logistics Confidence Index Saw Recovery in January
The January edition of the Stifel Logistics Confidence Index saw a recovery during the month of January with a score… Read More
GT USA receives M.V. NORDEROOG on maiden call to Port Canaveral
GT USA welcomed to the Canaveral Cargo Terminal (CCT) the M.V. Norderoog on its maiden call of StreamLines, N.V.’s new… Read More
Maritime Administration Awards Contracts for National Defense Reserve Fleet Vessels
U.S. Transportation Secretary Anthony Foxx has announced that the Department of Transportation has awarded contracts worth $1.96 billion over eight… Read More
Union of Greek Shipowners Disagrees with European Commission on Taxation Issues
The Union of Greek Shipowners has responded to the European Commission’s recently published decision alleging that some provisions of the… Read More
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