Ocean Transportation

Number of Shipping Losses Drops by Half Over Past Decade

April 8, 2015

Shipping losses worldwide have declined by 50 percent over the past decade, but 75 ships were lost in 2014, according to a recent study.

Rates on Major East-West Ocean Cargo Lanes on Rise for First Time in Years

April 2, 2015

Drewry

Ocean freight rates for cargoes moving under contracts on major East-West routes have increased for the first time in years, according to Drewry's Benchmarking Club, a closed user group of multinational retailers and manufacturers seeking to more closely monitor their international freight costs.

China Hopes 50 Countries to Join Its Modern Silk Road Trade Project

April 2, 2015

Maritime Executive

China's President Xi Jinping said he hoped his nation's annual trade with the countries involved in Beijing's plan to create a modern Silk Road would surpass $2.5tr in a decade.

Fighting in Yemen Threatens Highly Important Sea Lanes Used for Oil Transportation

March 31, 2015

Maritime Executive

Conflict in Yemen risks spilling out into the busy sea lanes that pass it and potentially disrupt the narrow Bab el-Mandeb passage through which nearly four million barrels of oil are shipped daily to Europe, the United States and Asia.

CaroTrans Expands Asia Import Service Network

March 27, 2015

CaroTrans

CaroTrans, a global non-vessel operating common carrier and ocean freight consolidator, has introduced an import service from Shanghai, China to Seattle, Wash. and Portland, Ore. in the Pacific Northwest.

Decline in Oil Prices Aids Dry Cargo Growth, But Harms Project Cargo Shipping

March 27, 2015

Drewry

Global dry cargo demand growth, forecast at 5 percent per annum from 2016 to 2019, should be offset by falling project cargo volumes over the next 12 to 18 months, according to the latest edition of the Multipurpose Shipping Market Review and Forecaster, published by Drewry Maritime Research.

Yusen Logistics Expands Project Cargo Network to Brazil

March 26, 2015

Yusen Logistics Do Brasil Ltda.

Yusen Logistics Do Brasil Ltda. has established a dedicated project cargo team in Brazil.

WWL Opens Vehicle Processing Center at Tianjin FTZ

March 26, 2015

Wallenius Wilhelmsen Logistics

Wallenius Wilhelmsen Logistics (WWL), a global carrier of roll-on/roll-off cargoes and provider of logistics services, has opened a third vehicle processing center (VPC) in China.

Has Container Shipping Become a Commodity?

March 23, 2015

Robert J. Bowman, SupplyChainBrain

There was a time when ocean carriers fashioned themselves as providers of premium, door-to-door transportation. Not anymore.

CaroTrans Launches LCL Service From Shanghai to Atlanta

March 19, 2015

CaroTrans

CaroTrans, a global non-vessel operating common carrier and ocean freight consolidator, has launched an all-water, less-than-containerload import service form Shanghai to Atlanta, via the Port of Savannah, Ga.

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.