Ocean Transportation

Bankruptcy Looms as Bulk Carriers' Earnings Take Hit

February 13, 2015

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, slid to an all-time low on Monday as sluggish cargo demand - especially from China - battered sentiment.

China Plans to Build Hong Kong 2.0

February 12, 2015

Maritime Executive

China is planning to build a second Hong Kong city in Nansha, a district in southern China's Guangdong province.

Cap on Sulfur in Ocean Shipping Fuel May Be Instituted Five Years Ahead of 2025 Deadline

February 11, 2015

Maritime Executive

The International Chamber of Shipping says that the shipping and bunker refining industries should recognize that the global 0.5-percent sulfur-in-fuel cap, currently set to go into effect in 2025, may be implemented worldwide by 2020.

Oil Tanker Shipping 'Bonanza' Threatened by Increased Vessel Orders, Report Says

February 11, 2015

Drewry

A steep rise in vessel orders risks bringing the recent bonanza in oil tanker shipping to an abrupt end, according to the latest edition of the Tanker Forecaster, published by shipping consultancy Drewry.

Growth Rates of Past 30 Years Said Not Likely to Continue at European Container Ports

February 10, 2015

Maritime Executive

European container ports are unlikely to be able to maintain the strong growth rates of the past three decades, Fitch Ratings says.

Grimaldi Group Launches Direct Service Between Rome, North America

February 4, 2015

The Grimaldi Group

The Grimaldi Group is launching a new direct maritime service between Civitavecchia, 50 kilometers north of Rome, and the North American ports of Baltimore, Md., and Halifax, Nova Scotia.

Manufacturers, Importers Losing Millions Due to West Coast Port Labor Problems

February 4, 2015

EBN

Roughly seven months into the Los Angeles and Long Beach ports slowdown with, unfortunately, no end in sight, and manufacturers in just about every industry, from electronics to home goods, are feeling the pain.

Limited Number of Supertankers Affects Oil Sales to Asia

February 2, 2015

Maritime Executive

The window to sell Western fuel oil to Asia is starting to close as demand for a limited fleet of supertankers to store cheap crude pushes freight rates to multi-month highs, shipping and trade sources said.

Crowley Increases Service on U.S.-Puerto Rico Route

January 28, 2015

Crowley Maritime Corp.

The liner services group of Crowley Maritime Corp. is adding a flat-deck container barge, with capacity for 400 forty-foot equivalent units (FEUs), to its South Atlantic Puerto Rico service.

Manufacturing Capacity Is Leaving China. But Where's It Going?

January 26, 2015

Robert J. Bowman, SupplyChainBrain

We've heard it before: manufacturing is leaving China and coming back to the West. But the reality isn't that simple.

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.