Ocean Transportation

Tianjin Port Explosion May Rank as Worst Marine Insurance Disaster

February 9, 2016

Claims related to the massive explosion at the port of Tianjin, China, may grow to as much as $6bn, says the International Union of Marine Insurance (IUMI). More than half of the claims reportedly fall within marine insurance or reinsurance lines - potentially making it the largest single marine disaster (by claim value) in history, surpassing Hurricane Sandy.

Rating the World's Cleanest - and Dirtiest - Ships

February 5, 2016

Robert J. Bowman, SupplyChainBrain

Want to make sure that your imports or exports are traveling on a "clean" ship? There's a way to do that.

Continued Battering Seen for LNG Shipping Industry Profitability

February 4, 2016

Drewry

LNG shipping earnings will remain under pressure in 2016 as accelerating fleet growth and changing trade patterns will weaken supply-demand conditions, according to the latest edition of the LNG Forecaster report published by global shipping consultancy Drewry.

GAC Group Upgrades Portal for Ship Agency Customers

February 3, 2016

GAC Group

GAC Group has enhanced its GACtrack portal to provide greater job transparency and control to ship agency customers

CMA CGM Becomes Latest Western Shipping Company to Strike Deal With Iranian Ocean Cargo Line

February 2, 2016

Maritime Executive

French firm CMA CGM, the world's third-largest container shipping operator, signed a significant cooperation agreement Thursday with Islamic Republic of Iran Shipping Lines (IRISL).

Logistics Industry's Improved Outlook in January Could Be Short-Lived

February 1, 2016

Transport Intelligence

With a score of 45.9, the January edition of the Stifel Logistics Confidence Index has marked a monthly recovery in an otherwise gloomy tale of decline.

'Drastic' Measures Needed if Dry Bulk Shipping Is to Become Profitable Again

February 1, 2016

Drewry

Dry bulk shipping is facing a perfect storm and requires drastic supply side measures if the industry is to return on course to profitability in the medium term, according to the latest edition of the Dry Bulk Forecaster report published by global shipping consultancy Drewry.

A Port With Too Much Container Space? Welcome to the Bizarro World

February 1, 2016

Robert J. Bowman, Managing Editor, SupplyChainBrain

In the Superman comics, the Bizarro World is a planet where normal people and events become strangely inverted. Which, in the world of global trade and supply chain, appears to be happening with increasing regularity.

Projected 4.6 Percent Growth in Container Ship Capacity Is 'Slowest' Rate in More Than 25 Years

January 29, 2016

Maritime Executive

Global container ship capacity is expected to increase by 4.6 percent in 2016, the slowest growth rate in more than 25 years, giving some relief to an industry hammered by oversupply, consultancy firm Alphaliner forecast on Tuesday.

CargoSmart Adds Features to Big Schedules Search Engine

January 27, 2016

CargoSmart Limited

CargoSmart Limited, a provider of global shipment-management software, has added features to Big Schedules, its sailing-schedule search engine.

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.