Ocean Transportation

As Crude Oil Supplies Mount, Tanker Shipping Rates Decline

December 7, 2015

Tanker shipping rates are set to decline from current highs in 2016 as the trade in crude oil is forecast to decline due to ample stocking, and the fleet is expected to expand briskly, according to the latest edition of the Tanker Forecaster, published by global shipping consultancy Drewry.

Dry Bulk Market Not Likely to Be Profitable Before 2017, Report Says

December 4, 2015

Drewry

The gloomy outlook for the dry bulk shipping market continues to afflict shipowners, and the market is not expected to return to profitability before 2017, according to the Dry Bulk Forecaster report published by global shipping consultancy Drewry.

Growing Exports of U.S., Mideast Methanol to Heavily Impact Chemical Shipping World

December 3, 2015

Drewry

New U.S. and Middle East methanol production capacity being added over the next two years will have serious implications for chemical shipping trade flow patterns, according to the latest edition of the Chemical Forecaster, published by global shipping consultancy Drewry.

Number of Marine Casualties Increase in European Waters

December 3, 2015

Maritime Executive

The European Maritime Safety Authority has released its latest review of marine casualties demonstrating that the number of incidents is on the rise.

Boston Consulting Group Launches Platform for Reducing Empty Containers

December 1, 2015

Boston Consulting Group

Boston Consulting Group has developed xChange, a Web-based marketplace to help ocean carriers reposition empty containers around the world.

"K" Line Sets Up Shipping and Logistics Unit in Dubai

November 30, 2015

Kawasaki Kisen Kaisha, Ltd

Kawasaki Kisen Kaisha, Ltd. ("K" Line) has established a new operation in Dubai, United Arab Emirates.

Six-month Outlook for Shipment by Air, Sea Is Not Very Bright

November 25, 2015

Transport Intelligence

For the sixth month in succession, the Stifel Logistics Confidence Index declined. This trend resulted in the November Index score falling to the lowest registered for three years. The monthly decline registered in airfreight was more moderate than that witnessed in sea freight; the former was down by 0.4 points to 48.9, whilst the latter dropped 2.8 points, amounting to 46.1.

Is America Dangerously Reliant on Chinese Merchant Ships?

November 25, 2015

Maritime Executive

In future conflicts, America's merchant fleet could find itself outnumbered and outmaneuvered on the high seas, say the authors of a new paper on U.S. maritime security.

On-time Performance in Ocean Container Shipping Dipped Slightly in October

November 24, 2015

Drewry

Containership reliability took a small step backwards in October as the average on-time performance across all trades reached 77.9 percent, according to Carrier Performance Insight, the online schedule reliability tool provided by Drewry Supply Chain Advisors.

Paris Terrorist Attacks Just the Latest Act of Unrest to Disrupt Supply Chains Worldwide

November 23, 2015

Air Cargo World

Even before the events in Paris on Friday Nov. 13, unrest in several geographic areas of the world has contributed to major disruption in the supply chain.

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.