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 year 2020 is almost here and customer demands, import and export trends and trade tensions show no signs of… Read More
A mixture of overcapacity, weak demand and aggressive pricing is threatening liner shipping industry profitability for the rest of 2015,… Read More
The G6 Alliance of ocean carriers announced a change to the service it provides between Asia and the East Coast… Read More
A European Union regulation mandating that ship owners report CO2 emissions of vessels sailing to and from European ports came… Read More
Mitsui O.S.K. Lines, Ltd. (MOL) has ordered methanol carriers with the world’s first methanol burning dual-fueled low-speed diesel main engine…. Read More
Kestrel Liner Agencies, an ocean freight provider based in the UK and serving the U.S., Caribbean, and Latin America, has… Read More
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