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.
U.S. Tariffs Could Break Up Shipping Alliances and Disrupt Global Trade
The U.S. Trade Representative’s new fee structure targeting Chinese-built and -operated vessels is sending shockwaves through the container shipping industry,… Read More
SC Ports Restores Full Berth Capacity at Charleston, Boosts Big-Ship Handling with $23M Upgrade
South Carolina Ports has completed a key infrastructure project at the Wando Welch Terminal, restoring its ability to handle three… Read More
Global Shipping Faces Historic Climate Turning Point as IMO Considers Emissions Tax
The global shipping industry is on the brink of a historic transformation as the United Nations’ International Maritime Organization (IMO)… Read More
Porto Itapoá Achieves Major Water Reuse Milestone in Sustainability Push
Porto Itapoá, one of Brazil’s leading ports, has successfully reused over 1 million liters of water in its warehouse operations… Read More
How AI is Revolutionizing Safety Management in the Maritime Industry
The maritime sector is embracing digital transformation, with artificial intelligence (AI) emerging as a game-changer for safety management. Companies like… Read More
US Port Strike Looms: Freight Rates Surge Amid Surcharge Announcements
Shipping Lines Brace for January 15 Disruption The looming January 15, 2025, strike by US East Coast dockworkers is sending… Read More
Shanghai Port Sets Historic Milestone with 50 Million TEUs in Annual Throughput
The Port of Shanghai has made history as the first in the world to handle over 50 million TEUs (twenty-foot… Read More
Panama Canal Faces Crucial Decisions Amid Climate-Induced Drought
The lush landscapes of El Zaino y La Arenosa in western Panama, home to farming and fishing communities, may soon… Read More
Speedy Freight Strengthens U.S. Presence with New Dallas Headquarters
Speedy Freight, the UK-based same-day courier and logistics firm, has significantly expanded its footprint in the U.S. market with the… Read More
Hapag-Lloyd Invests $4 Billion in 24 Dual-Fuel Containerships to Propel Decarbonization Goals
German shipping giant Hapag-Lloyd has committed to a $4 billion investment in 24 new dual-fuel containerships, ordered from China’s Yangzijiang… Read More
Challenges Faced by Low-Cost Carriers (LCCs)
Times have changed, and airlines seem to be up to the daily travel of air travelers. Mostly because carriers are… Read More
Nuclear-Powered LNG Carriers: The Future of Zero-Emission Shipping?
The American Bureau of Shipping (ABS) has released a new report evaluating the potential of advanced nuclear technology to power… Read More
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