Logistics management: ocean transportation - Articles - Page 8

Continued Decline Predicted for Rentals of Ocean Container Equipment

July 24, 2015

Container equipment rental rates came under renewed pressure in 2014 and by mid-2015 new dry freight pricing was at a ten-year low, whilst lease rates had fallen to an all-time low, according to the latest edition of the Container Leasing report published by global shipping consultancy Drewry.

Shipping Industry Not Doing Enough to Reduce Emissions, Report Says

July 16, 2015

Maritime Executive

A new report released by the Global Commission on the Economy and the Climate identifies 10 key economic opportunities that could close up to 96 percent of the gap between business-as-usual emissions and the level needed to limit dangerous climate change. Shipping is on the list.

Port of Oakland Testing Sensors at Terminal Gates

July 14, 2015

Port of Oakland

The Port of Oakland is testing Bluetooth sensors to measure wait times for harbor truckers at its maritime terminal gates.

Imports Rebound as U.S. Retailers Prepare for Back-to-School Sales

July 13, 2015

NRF

Import cargo volume at the nation's major retail container ports is expected to increase 7.3 percent this month over the same time last year as retailers stock up for the busy back-to-school season, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.

Cost of New Container Equipment Hits New Low, and Reported Likely to Stay There

July 8, 2015

Drewry

Low material costs and stable demand have driven the price of new container equipment down to record lows where it is forecast to stay, according to the latest edition of the Container Census report published by global shipping consultancy Drewry.

Recovery in Offing for Dry Bulk Market in Atlantic Trades

June 30, 2015

Maritime Executive

Shipowners operating in the trans-Atlantic dry bulk market, where prices have been plumbing two-year lows on the back of acute vessel oversupply and shifting patterns in minerals demand, could be facing brighter days, according to the latest special report released by Platts.

Ocean Cargo Industry Expected to Need Another 42,500 Officers Over Next Five Years

June 26, 2015

Drewry

Shipping will require an additional 42,500 officers by the end of 2019 to cope with the expected growth in the main cargo carrying fleet, equivalent to 7 percent growth over the five-year period. But the persistent shortage of officer crew is receding, according to the latest Manning report published by global shipping consultancy Drewry.

Study of Environmental Impact of Nicaragua's Proposed Cross-country Canal Criticized as Inadequate

June 24, 2015

Maritime Executive

Nicaragua's mega canal could become a mega mistake, according to a warning issued by an international panel.

Could Panama Canal Expansion Shift 10 Percent of Asian Container Volume From West Coast to East Coast?

June 23, 2015

BCG, C.H. Robinson

Following the Panama Canal expansion in 2016, up to 10 percent of container traffic to the U.S. from East Asia could shift from West Coast ports to East Coast ports by 2020, according to research conducted by the Boston Consulting Group and C.H. Robinson. Rerouting that volume is equivalent to building a port roughly double the size of the ports in Savannah and Charleston.

On-time Performance of Ocean Carriers Continues to Improve, Especially in Main East-West Lanes

June 19, 2015

Drewry

Liner schedule reliability improved for the fourth consecutive month in May as the aggregate on-time performance for the three core East-West trades jumped by 4.0 percentage points to reach a new data-series high of 71.6 percent, according to Carrier Performance Insight, the online schedule reliability tool provided by Drewry Supply Chain Advisors.