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
Great Lakes Shipping: Grain and Iron Ore Lead the Way
North American grain and iron ore exports have kept Great Lakes-St. Lawrence Seaway shipping on course in October, according to… Read More
Global Trade’s New Normal
Container liners must adopt new strategies for enhancing their performance in a new normal characterized by slowing container demand, according… Read More
CaroTrans Adds Direct Atlanta-Gothenburg Link
CaroTrans, a global NVOCC (non-vessel operating common carrier) and ocean freight consolidator, began a new Northern Europe service connection with… Read More
Countdown to Black Friday: From Across Oceans to Store Shelves
Black Friday: a shopping bonanza for bargain-hungry consumers and a day of record-breaking sales for retailers. It’s also the ultimate… Read More
Two Marine Pollution Exercises Held Off Hong Kong
Two annual marine pollution response joint exercises, this year code-named Oilex 2016 and the Maritime Hazardous and Noxious Substances (HNS)… Read More
Moody’s Downgrades NYK
It’s happened again. A few weeks ago, after Maersk announced its big reorganization, Moody’s Investor Services placed the giant carrier… Read More
Boskalis Awarded Contract for Hornsea Offshore Wind Farm Project One
Royal Boskalis Westminster N.V. has been awarded a contract by DONG Energy Wind Power A/S for the transportation and installation… Read More
Support for IMO CO2 Roadmap
Praise from several different quarters greeted the agreement at the end of the recent IMO Marine Environment Protection Committee (MEPC)… Read More
THE Alliance Announces Service Lineup
The members of THE Alliance announced the details of the plan for their products starting from April 2017. THE Alliance… Read More
Why Are Three Japanese Shipping Companies Merging?
The wave of consolidation continues in the container carrier industry, as Japan’s Nippon Yusen, Mitsui O.S.K. Lines and Kawasaki Kisen… Read More
Panama Canal Records Third Highest Annual Cargo Tonnage
At the close of the 2016 fiscal year, the Panama Canal Authority (ACP) recorded the third-highest annual tonnage in its… Read More
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