Ocean Transportation

Cargo Trade Faces Life in the Slow Lane After Brexit

May 29, 2018

After the Pride of York ferry sailed into the Belgian port of Zeebrugge from Hull in the U.K. earlier this month, dozens of cargo containers were offloaded and whisked away on trucks. The hundreds of passengers weren’t as lucky: They had to line up for border checks.

Maersk to Cut Services as It Battles Shipping Glut

May 24, 2018

The Wall Street Journal

A.P. Moller-Maersk said it would cut back on capacity to combat falling freight rates and rising fuel costs, after the Danish shipping giant reported a weak first quarter that sent its shares down about 8 percent.

ICS Asks EU Not to Publish Ships' Fuel Efficiency Data

May 23, 2018

Maritime Executive

Now that the International Maritime Organization has endorsed a global CO2 reduction strategy, the International Chamber of Shipping is calling on the European Union not to publish data on individual ships' fuel efficiency.

Can Japan Become an LNG Bunkering Hub?

May 17, 2018

Maritime Executive

A new report by the International Transport Forum at the OECD concludes that Japan’s ambition to become an international bunkering hub for LNG is likely to be successful.

U.S. Fines Cargo Ship Operator $1M for Polluting Waters

May 16, 2018

The Wall Street Journal

Some ship operators are still looking for ways to skirt an international ban on the release of oily waste into ocean waters, in some cases using a tool known as a “magic pipe” to bypass cleaning devices, despite a crackdown on the practice.

U.S. Retail Imports Are Growing Despite Tariff Threats

May 15, 2018

Maritime Executive

Imports at U.S. major retail container ports are expected to grow steadily throughout the summer despite the prospect of heavy tariffs on goods from China, according to the monthly Global Port Tracker report released last week by the National Retail Federation and Hackett Associates.

Cybercriminals Are Growing More Aggressive. Are You Prepared?

May 15, 2018

Industryweek

One year ago it was the WannaCry ransomware attack. Less than a year ago, the NotPetya cyberattack cost organizations like Merck & Co., FedEx, the port of Rotterdam and a whole host of others billions of dollars in total. Today geopolitical tensions are increasing and with them, the threat of more, and more-devastating, cyberattacks.

Following Gruesome New Footage, Veterinary Group Shares Recommendations for Live Exports

May 9, 2018

Maritime Executive

The question of how accurately sheep are counted as they are loaded on to livestock carriers has become a topic of discussion across Australia after whistle-blower footage from on board the Panama-flagged Awassi Express was aired on 60 Minutes last month. Now, more footage: “Boiled Alive,” deemed so confronting and horrific that commercial television would not show it, has been aired by Fairfax Media.

The Use — and Misuse — of Incoterms

May 8, 2018

John Vogt

When people say, “Incoterms are simple, pick one and use it in all your contracts,” it should be clear they really don’t understand them, and can’t use them to the advantage of their company.

Analysis: Africa Needs to Tackle Port Congestion

May 3, 2018

Maritime Executive

Africa needs to take advantage of the economic potential of its ports if it is to realize its growth ambitions, and investment is not always about building new ports or terminals. That's one of the key findings in a recent analysis of port development in sub-Saharan Africa issued by PwC.

Ocean Transportation

The latest news, analysis, services and systems regarding ocean transportation and its impact on global supply chains. Today’s companies are transporting and delivering container shipments in a more efficient manner than ever before using new services and technologies that provide information en route - allowing them to stay ahead of the competition in their industries. As ocean cargo services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using ocean shipping solutions to power their supply chains.