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
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
Are East/West Trade Routes Recovering?
Since the middle of April the picture for westbound trade from Asia to North Europe “has decidedly taken a turn… Read More
RUSAL and Maersk Line Sign Letter of Intent
UC RUSAL, a large global aluminum producer, and Maersk Line, the world’s largest container shipping company, have signed a three-year… Read More
U.S-Thailand Trade May Benefit From CaroTrans/LEO Partnership
At a time when the global trade and shipping news out of Thailand has not been encouraging, there was one… Read More
Rickmers-Linie Takes Over Nordana’s Project Business
Rickmers-Linie, the Hamburg based liner service specialist for breakbulk, heavy lift, and project cargo, is taking over the activities of… Read More
Kerry Logistics Completes U.S. Acquisition
Kerry Logistics Network Limited, a Hong Kong-based logistics service provider, recently completed its acquisition of a majority stake in APEX… Read More
Two Alliances Will Upsize Ships Ahead of Panama Canal Expansion
The 9,400-TEU COSCO containership Andronikos will make the first transit of the expanded Panama Canal on June 26, and ahead… Read More
Maritime Energy Efficiency Project Forges Ahead
A global train-the-trainer workshop on maritime energy efficiency was help in China in late May, preparing personnel needed to cascade… Read More
NTSB to Launch Mission to Recover Voyage Data Recorder
The National Transportation Safety Board announced yesterday that it will launch a mission to recover a voyage data recorder that… Read More
One-Billion Dollars for Polar Icebreaker Included in 2017 Defense Appropriations Bill
The Senate Defense Appropriations Subcommittee added $1 billion to fully fund construction of the first U.S. Polar Icebreaker in over… Read More
Modern Terminals Ready for IMO SOLAS Launch
Modern Terminals Limited has confirmed its preparedness for IMO SOLAS Verified Gross Mass (VGM) requirements. The new rules, which require… Read More
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