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.
The World’s Largest Cargo Ship Makes Impressive Arrival in Britain
Britain’s largest and busiest container port, the Port of Felixstowe, witnessed a remarkable event as the MSC Loreto, one of… Read More
First Direct Container Service Between Saudi Arabia And India
Qatar Navigation (Milaha), a maritime and logistics conglomerate, has signed an agreement with the Kandla International Container Terminal (KICT) in… Read More
Great Lakes-St. Lawrence Vital to Growth, Trade
In a speech last week in Toronto, new Chamber of Marine Commerce President Bruce Burrows called the Great Lakes and… Read More
Safety Standards for Shipping Liquid Hydrogen
Australia and Japan signed a memorandum at the headquarters of the Australian Maritime Safety Authority (AMSA) in Canberra which will… Read More
CargoSphere Announces eSUDS
CargoSphere, the single rate platform for frictionless rate distribution, networking and cloud-based freight rate management, announced an industry-first: eSUDS (electronic… Read More
Financial Security for Seafarers in Force
New obligations under the Maritime Labor Convention which require shipowners to have compulsory insurance to cover abandonment of seafarers, as… Read More
DOJ: 2016 One of its Most Successful Years on Environmental Enforcement
The Department of Justice’s Environment and Natural Resources Division published its accomplishments in 2016, documenting one of the most successful… Read More
Three Consecutive Years of Record Temperatures
With a boost from El Nino, 2016 began with a bang. For eight consecutive months, January to August, the globe… Read More
Environmental Discounts at Port of Gothenburg
One in three vessels that called at the Port of Gothenburg last year were classified as green according to the… Read More
Standard Chartered Closes Three Ship Deals
Standard Chartered, a global bank headquartered in London, has announced the completion of three shipping finance deals for clients in… Read More
New South Korean Container Company Launched
A South Korean construction company, Samra Midas (SM) Group, is entering the container shipping domain with the launch of SM… Read More
Service Launch to Bushehr, Iran
Maersk Line announced that it has expanded its presence in Iran with the addition of the port of Bushehr to… Read More
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