Ocean Transportation

Ocean Container Rate Increases on East-West Trades 'Disguise' Industry's 'Fundamental Weakness'

September 8, 2016

The recent increase in container freight rates on major east-west trades is no more than a flimsy disguise for the "fundamental weakness" of the ocean shipping industry, according to ocean freight rate benchmarking and market intelligence provider Xeneta.

Inchcape Shipping Service Opens Office in Amsterdam

September 7, 2016

Inchcape Shipping Services

Inchcape Shipping Services has opened an office in Amsterdam, its second in the Netherlands.

Offshore Maintenance Market Expected to Bounce Back from Oil Price Decline

September 7, 2016

Maritime Executive

Forecasts call for a steady recovery from the recent oil price downturn in the offshore maintenance market with spending expected to improve significantly between 2017 and 2021.

Where Are All the Holiday Season Imports?

September 6, 2016

Wall Street Journal

This summer, dockworkers, truckers and railroads geared up for a surge of retail goods passing through U.S. ports that hasn't occurred. Imports are flat at major seaports on both coasts heading into peak shipping season, the stretch in late summer and early fall when retailers usually load up on imported toys, clothing and other merchandise to sell to holiday shoppers. If the trend holds, it will be the second year in a row without a traditional peak.

Complying With China's Mandate to Spray Ships for Zika Mosquitoes Stings U.S. Exporters

September 2, 2016

Wall Street Journal

China's recent move to add the U.S. to a list of Zika-infected countries is worrying U.S. exporters, who fear they will be required to fumigate all containers destined for Chinese ports. The cost to fumigate a container ranges from between $100 and $200.

Hanjin Collapse Sends Shock Waves Globally - and Spot Rates Soaring

September 2, 2016

Drewry

Spot container freight rates on the major routes from Asia soared by up to 42 percent following the collapse of Hanjin Shipping, data from the World Container Index reveals.

Hanjin Shipping Sails Toward Biggest Ocean Line Bankruptcy Ever

September 2, 2016

Maritime Executive

Hanjin Shipping has elected to file for court receivership, the first step towards what will be the largest container line bankruptcy in history - six times larger than the collapse of United States Lines three decades ago, the previous record holder.

Reefer, Tank Sectors Only Bright Spots in Global Leases of Container Equipment

August 31, 2016

Drewry

Following markedly slow growth of just 3.5 percent in 2015 due to decreased rental demand, the global leased container equipment operating fleet is forecast to increase by little more than 1 percent in 2016, according to the latest edition of the Container Leasing Industry Annual Report 2016, published by global shipping consultancy Drewry.

Supply Chain Disruptions and Risk Still Looming: How to Create a More Resilient Supply Chain

August 30, 2016

Amber Road

Running Your Supply Chain with Greater Efficiency

August 29, 2016

Amber Road

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.