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
Maersk Defends Use of Dangerous Scrapping Yards—Then Scraps Plan to Use Them
Maersk responded to criticism of its use of controversial Indian and Bangladeshi scrapping yards by stating it is encouraging an… Read More
Expanded Panama Canal Yet to Fill Container Transit Goals
Nearly half a year since the opening of the expanded Panama Canal, significant amounts of available capacity through its larger… Read More
Wallenius Wilhelmsen Logistics and Affiliate Pay $1.5 Million Penalty
The Federal Maritime Commission has announced it has reached a compromise agreement with Wallenius Wilhelmsen Logistics AS (WWL) and its… Read More
Port of Philadelphia Welcomes First Shipments of Brazilian Beef to U.S.
Officials of the Philadelphia Regional Port Authority (PRPA) and other port industry leaders last week welcomed an historic shipment: the… Read More
ABS Awarded Maritime Cybersecurity Research Contract
ABS, a provider of classification and technical services to the global marine and offshore industries, has been awarded a research… Read More
Shipping: Indispensable to the World
Shipping is indispensable to the world. That was the message shared around the world as the International Maritime Organization (IMO)… Read More
Arctic Council Advances Environmental, Development Agenda
Senior officials from the Arctic Council’s eight member states and six indigenous permanent participant organizations (PPs) concluded their latest meeting… Read More
No Reprieve for Multipurpose Shipping until 2018
The last three months have been some of the worst the multipurpose and project carrier sector has endured in living… Read More
World’s First Official Test Bed for Autonomous Shipping Opens in Norway
An area of the Trondheimsfjord in northern Norway was designated as an official test bed for autonomous shipping by the… Read More
Slovenian Company Integrates With INTTRA’s Electronic Ocean Shipping Services
INTTRA, the world’s ocean shipping electronic marketplace, and TRINET Informatika, a leading provider of software applications in the area of… Read More
Drewry Issues Red Alert—Risk of Carrier Failure Still High
There is still much work to be done to clean up the logistical chaos created by Hanjin’s bankruptcy, but even… Read More
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