Ocean Transportation

Ocean Transportation Remains 'Too Manual, Inefficient and Opaque'

October 3, 2016

While sensor-laden containers, smart ships and 3D printing have grabbed the headlines, the start-ups making the biggest inroads are those working on something more basic - streamlining the interaction between shippers, freight forwarders and those actually transporting the goods.

Confidence in Ocean Transportation Industry Begins to Resurface

September 30, 2016

Transport Intelligence

A weak trend of improvement in the Stifel Logistics Confidence Index is evident, though the Index is still short of the neutral 50 point mark.

Hanjin Collapse Spotlights Concerns About Shipping Temperature-Sensitive Perishables

September 29, 2016

Maritime Executive

Recent events, such as the Hanjin collapse, have shone a spotlight on the deeply interconnected nature of today's container shipping networks and demonstrated how little visibility many shippers have into the whereabouts and status of their cargo as it moves through a complex web of service providers.

Actively Operating Shipyards Decline Greatly Around the World

September 23, 2016

Maritime Executive

The Korea Offshore and Shipbuilding Association has released numbers confirming the expectations of many analysts: the number of actively operating shipyards around the world has fallen by more than 40 percent from what it was seven years ago.

Judge Orders Hanjin to Sell Ships, Return Chartered Vessels

September 22, 2016

Maritime Executive

Hanjin Shipping has to return chartered-in ships to owners and to sell as much of its own fleet as it can, a South Korean bankruptcy judge said Monday.

Retail Group Wants U.S. Government to Help Solve Problems in Wake of Hanjin Bankruptcy

September 22, 2016

NRF

The recent bankruptcy of South Korean ocean carrier Hanjin Shipping is causing "widespread disruptions" to supply chains across the country, according to the National Retail Federation, which wants the U.S. government to step in.

Freightos Acquires Air-Cargo Rate Manager WebCargoNet

September 21, 2016

Freightos

Freightos, an online freight marketplace, has acquired WebCargoNet, an air-cargo rate-management provider.

Global Marine Underwriting Premiums Down 10.5 Percent Last Year

September 20, 2016

IUMI

Global marine underwriting premiums last year amounted to $29.9bn, a 10.5 percent reduction on the 2014 figure, according to annual statistical report from IUMI, the International Union of Marine Insurance.

Hanjin Woes: Cargo Transportation Prices & the Interrupted Supply Chain

September 19, 2016

IBIS World

The world's seventh-largest deep sea cargo transportation carrier, Hanjin Shipping, filed for court receivership - a form of bankruptcy protection - on Aug. 31. Chaos has promptly ensued in a number of markets, and it won't end any time soon, according to Ashley Cruz, IBIS World Procurement Research Analyst.

The Painful Lessons of the Hanjin Bankruptcy

September 19, 2016

Robert J. Bowman, SupplyChainBrain

Having weathered numerous downturns in the past, major container lines might have thought they were immune from the laws of supply and demand. Now they know better.

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.