Maersk Line and Hamburg Süd are ranked as the two most reliable container shipping carriers, according to performance rankings in the new online version of the Carrier Performance Insight (http://cpi.drewry.co.uk) published by shipping consultancy Drewry.
The International Maritime Organization has decided to make it mandatory to weigh loaded containers before they are transported by sea. The initiative is designed to enhance safety and prevent pollution of the marine environment.
LPG exports are so dependent on the severity of winter in North America that all eyes are on the weather, as it hit demand for very large gas carriers (VLGCs) last year, according to the latest edition of the LPG Forecaster, published by shipping consultancy Drewry.
Carriers can still make money despite falling freight rates, according to Drewry's latest Container Annual Review & Forecast 2014/15. Surprisingly, some medium-sized lines retain unit cost advantages.
The global logistics and shipping industry's top technology priority is improving supply chain visibility capabilities to integrate higher quality data, according to a survey conducted for INTTRA, the multi-carrier e-commerce network for ocean shipping.
The International Maritime Bureau (IMB) is calling for vigilance in the maritime sector as it emerges that shipping and the supply chain is the "next playground for hackers."
Reefer capacity on the containership fleet is expected to increase by 22 percent over the next five years, at the expense of a declining specialized reefer fleet, according to Drewry's latest Reefer Shipping Market Annual Review & Forecast.
It's fair to say that some mouths dropped in some quarters when word got out that the vice president of supply chain for McDonald's in the UK said he had handshakes rather than formal contracts with key suppliers. In dispensing with the written word, the fast-food chain formed long-term relationships with its partners in food, packaging and distribution, and included them in planning – even helping to set prices and volumes. Said Warren Anderson, "We don’t have contracts, but we do have our very assured supply partnerships with our food and paper suppliers," he said. "A gentleman’s handshake is just as powerful here."
The Stifel Logistics Confidence Index for July appears to mirror an uncertain economic environment. Since February of this year, the overall Index has increased one month and then declined the next reaching its high so far this year in May at 57.9. For the current month, the index is up 0.9 points over June to 56.1.