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.

St. Louis Regional Freightway Unveils $8 Billion Priority Projects List for 2025

The St. Louis Regional Freightway has announced its 2025 Priority Projects List, which includes 27 projects with a total investment… Read More

Maritime Energy Efficiency Project Forges Ahead

Peter Buxbaum 3:15 PM  6/7/2016

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

Peter Buxbaum 6:43 AM  6/7/2016

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

Peter Buxbaum 6:03 AM  6/7/2016

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

Haylle Sok 5:28 AM  6/7/2016

Modern Terminals Limited has confirmed its preparedness for IMO SOLAS Verified Gross Mass (VGM) requirements. The new rules, which require… Read More

Most Ocean Container Carriers Lost Money in the First Quarter

Peter Buxbaum 6:39 AM  6/6/2016

Twelve large container carriers reported financial results for the first quarter of 2016 recently, and of those only four posted… Read More

NCBFAA Urges FMC to Accept VGM Process Agreement

Peter Buxbaum 3:21 AM  6/3/2016

In a letter to the Federal Maritime Commission (FMC), National Customs Brokers and Forwarders Association, Inc. (NCBFAA) General Counsel Edward… Read More

Classic Panamaxes Feel the Pinch of Expanded Panama Canal

Peter Buxbaum 7:24 AM  6/2/2016

The new Panama Canal locks will be inaugurated on Sunday, June, 2016, with the transit through the exnapded waterway of… Read More

Hamburg Süd to Adopt INTTRA eVGM Service

Haylle Sok 4:17 AM  6/1/2016

Hamburg Süd, one of the ten largest shipping lines worldwide, and INTTRA, the world’s ocean shipping electronic marketplace, are pleased… Read More

CaroTrans Adds Direct Busan-to-Atlanta LCL Service

Haylle Sok 5:14 AM  5/31/2016

CaroTrans, a global non-vessel operating common carrier (NVOCC) and ocean freight consolidator, recently announced a new, weekly less-than-containerload (LCL) service… Read More

The Implications of THE Alliance

Peter Buxbaum 4:38 AM  5/31/2016

When four ocean carriers announced the formation of details of the OCEAN Alliance, Drewry predicted that the eight carriers without… Read More

Cybersecurity: A Risk on the High Seas

Peter Buxbaum 9:51 AM  5/30/2016

Cyber technologies have emerged as essential to the operation of maritime cargo vessels. Onboard systems from bridge systems to cargo… Read More