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
OOCL Will Penalize Shippers for VGM Discrepancies
Orient Overseas Container Lines (OOCL) has announced that it will impose on shippers the costs of any failure to comply… Read More
Shipping on St. Lawrence Seaway Off to Solid Start
Demand for raw materials from the U.S. manufacturing and construction sectors has kept St. Lawrence Seaway cargo shipments at a… Read More
Ocean Shipping in Asia Safer This Year
A total of eight incidents of piracy and armed robbery against ships were reported in Asia in May 2016. This… Read More
Shipping Must Prepare for Stricter Black Carbon Emission Regulations
A new global challenge and a compliance monitoring market are emerging, due to tightening environmental regulations. VTT Technical Research Center… Read More
Legislation Would Exempt Puerto Rico From the Jones Act
An Alabama congressman has offered an amendment to the Puerto Rico Oversight, Management, and Economic Stability Act (PROMESA), currently pending… Read More
Ocean Shipping Alternative Fuels Studied
Methanol and ethanol are good potential alternatives for reducing both the emissions and carbon footprint of ship operations. So concludes… Read More
Ocean Shipping Executive Indicted for Price Fixing and Bid Rigging
An ocean freight executive has been indicted for his participation in a long-running conspiracy to restrain trade in international ocean… Read More
UASC Chooses INTTRA’s eVGM Service to Receive VGM Under New Requirement
With implementation of a new global container weight requirement less than a month away, United Arab Shipping Company (UASC), an… Read More
FIVE TIPS FOR WORKING WITH ROAD TO ROLL-ON/ROLL-OFF CARRIERS
Global shipping and logistics can be a complicated puzzle. With a wide array of options available to piece together the… Read More
New Zealand Takes Flexible Approach to SOLAS
Maritime New Zealand, a state maritime safety authority, has worked successfully at the International Maritime Organization (IMO) to ensure flexibility… Read More
2M Carriers Emphasize Reliability and Faster Transit Times
2M carriers Maersk Line and MSC last week announced details of a new Asia-North Europe network that will come into… Read More
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