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
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
Court Allows Sale of Hanjin U.S. Assets
Over the protests of creditors, a United States bankruptcy judge in New Jersey yesterday approved the sale of Hanjin Shipping’s… Read More
Port of Long Beach Trade Dipped in 2016
Slowed by industry headwinds and challenges that included a major customer declaring bankruptcy, the Port of Long Beach still moved… Read More
China Now Enforcing Emissions Regs at 11 Ports
China began enforcing the use of fuel with a maximum sulphur content of 0.5 percent on ships berthing at six… Read More
BREAKING NEWS: British PM—Clean Break From the EU
In a much-awaited speech outlining her policy on the United Kingdom’s future relationship with the European Union, Prime Minister Theresa… Read More
2016 Ended With Logistics Uptick
The Logistics Confidence Index ended a run of 14 consecutive months of negative results, with a positive indication at the… Read More
Will Trump Clash With China Over South China Sea?
The South China Sea may the first flashpoint for incoming Trump administration, at least if his designated Secretary of State… Read More
Shipping Companies Sentenced to Pay $2.7 Million
Two Greek shipping companies were sentenced Wednesday to pay corporate penalties totaling $2.7 million after being convicted for obstructing justice,… Read More
Multipurpose Shipping Freight Rates On Way Up
The multipurpose shipping market will see the first signs of recovery by the end of 2017, following in the steps… Read More
A First for Arctic Shipping
A ship owned by ZPMC Red Box Energy Services, a Netherlands-based marine-transport services provider, became the first cargo vessel to… Read More
IMO Chief Opposes Including Shipping in EU Emissions Trading
IMO Secretary-General Kitack Lim has written to senior European officials expressing his concern that including shipping in the European Union’s… Read More
« Previous 1 … 48 49 50 51 52 … 101 Next »