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.
Japanese Shipping Giants NYK and MOL Suspend Transit Through Strait of Hormuz
Two of the world’s largest shipping operators, Japan’s NYK Line and Mitsui O.S.K. Lines, have suspended all vessel transits through… Read More
5 Major Ports in Africa That Are Strengthening African Trade
Africa boasts a 26,000-kilometre-long coastline dotted with over 100 ports and harbours. However, despite this extensive maritime access, none of… Read More
SC Ports Boosts Holiday Giving with $25,000 Contribution to Lowcountry Food Bank
In the spirit of holiday generosity, SC Ports is making a meaningful impact by donating $25,000 to the Lowcountry Food… Read More
Container Shipping: Challenges, Chances, and the Global GDP Trend
Container xChange, an online container logistics platform held its 5th edition of its Ultimate Container Networking Event, the Digital Container… Read More
Recession in Germany to Cast Shadows on Europe’s Peak Season Imports
With Germany recording a recession this year, the demand for goods is expected to slow down in the coming peak… Read More
SC Ports Sees Volumes Trending up in April
South Carolina Ports saw cargo volumes ticking up in April, buoyed by the strength of the Southeast market. Retail importers… Read More
Common Problems Shippers Face At Destination
If you want your business to thrive, you need to be able to plan for anything, including at-destination problems. We’ve… Read More
Freight Forwarders: Amidst Container Surplus, Good Time to Buy Containers, Enter Smaller Trade Routes and Avoid Detention Charges with SOCs
Container xChange, an online container logistics platform, has published its annual ‘shipper-owned containers (SOCs) undercover study’ today. The report throws light on… Read More
Rumors suggest DSV move for C.H. Robinson
Rumors are circulating that part of the leading US logistics service provider, C.H. Robinson, is the next target for acquisition… Read More
Maryland’s Port Of Baltimore Adds New ‘Around The World’ Container Service
Service with Mediterranean Shipping Company Includes Asia-Panama Canal and U.S.-Suez Canal Rotation Maryland’s Helen Delich Bentley Port of Baltimore has… Read More
Maersk Turns the Tables on COSCO’s Container Liftings
Maersk has leapt above COSCO on container liftings in the final quarter of 2021 as numbers return to pre-COVID levels. According to Alphaliner,… Read More
Port of Antwerp-Bruges Prepares First Hydrogen-Powered Tugboat
The Port of Antwerp-Bruges and CMB.TECH will soon welcome the first hydrogen-powered tugboat furthering the port’s transition towards sustainability. The Hydrotug consists of two… Read More
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