Ocean Transportation

Shippers Saw a Need for Bigger Vessels, But They Built Them Too Big

January 24, 2021

Bloomberg

Here's why the cost of shipping goods out of China is soaring right now.

Piracy Surge Off West Africa Draws Maersk Call for Action

January 18, 2021

Bloomberg

Pirate attacks have pushed up insurance and other costs for shippers operating off West Africa, with some resorting to hiring escort vessels manned by armed navy personnel.

Ship Orders Slump 50% With Owners Unsure Which Green Fuel to Use

January 8, 2021

Bloomberg

Orders fell almost 10% in 2019 and then more than 50% in 2020 to the lowest in at least two decades, IHS Markit data show. If activity doesn’t pick up, that could lead to a dearth of vessels and a spike in freight rates in a few years.

Crowley has Added More than 350 New Refrigerated Containers to Meet Peak Refrigerated Cargo Season Demands

December 29, 2020

SupplyChainBrain

Crowley Logistics has added 355 new refrigerated cargo containers to its equipment fleet to ensure equipment availability at origin for perishables moving through the cold chain.

Bottlenecks Wear Down World Economy’s Fleet of Container Ships

December 23, 2020

Bloomberg

Container shipping, the backbone of the global trading system, is showing signs of fatigue as the pandemic descends into its darkest days.

What an Unpredictable Year Means for Freight Costs in 2021

December 20, 2020

Avinash Mishra, SCB Contributor

Although projections indicate that maritime trade will recover and expand next year, it's becoming clear that disruptions caused by the COVID-19 pandemic will have a lasting impact on the industry.

Beirut Explosion Destroys Tonnes of Lebanon’s Food Stocks

What Happens When Tycoons Abandon Their Giant Cargo Ships

December 18, 2020

Bloomberg

COVID-19 has wrought havoc everywhere, but in the nominally regulated shipping industry it’s fueling a worrying practice: the abandonment of ships, cargo and seafarers with no way to get home.

Fidelity Calls for Urgent Action to Help 400,000 Stranded Seafarers

December 10, 2020

Bloomberg

Fidelity International is calling for urgent action to address the humanitarian crisis and supply-chain risks caused by the more than 400,000 seafarers who are stranded aboard vessels and a similar number who remain ashore with little prospect for work or pay.

Multi-Shipper Management Tools Help Retail Fulfillment Solution Providers Meet Their Clients' Complex Parcel Shipping Needs

December 3, 2020

Pierbridge

In the face of rising B2C costs, volumes and capacity constraints, shippers have to re-engineer their fulfillment processes to accommodate last-mile parcel delivery.

APL Logistics Expands OceanGuaranteed Service to Trans-Atlantic

December 2, 2020

SupplyChainBrain

APL Logistics recently announced the expansion of its OceanGuaranteed service in the trans-Atlantic trade lane, offering its expedited, day-definite LCL service from Europe to North America.

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.