Forget playing the blame game, the fraught implementation of container weighing rules came down to the fact that the container shipping industry has no single trusted information source.
For those in dry bulk shipping, the market since the beginning of 2014 has been the worst downturn since the mid-eighties. Access to finance and liquidity will likely continue to be a pressing corporate issue for ship owners until the markets recover, and the longer this takes the worse the situation will get.
The Association of Bulk Terminal Operators (ABTO) has been established to provide a voice for bulk terminal operators at a national and international level.
While diesel engines remain the norm in shipping, competitors like LNG are becoming both more feasible and more available. Part of the reason is the rapid expansion of Sulfur Emission Control Areas (SECAs) across North America and Europe. So the critical question becomes: Does "green" propulsion allow the merging of economic efficiency with environmental benefits, or is it just another compliance cost for the shipping trade?
Import cargo volume at the nation's major retail container ports should see a small-but-significant increase this month as merchants stock up for the back-to-school season, then see a larger wave in late summer and fall for the holiday shopping season, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.
Trade Tech has partnered with Advent Intermodal Solutions to help truckers meet delivery schedules in light of the new container-weighing rules issued by the International Convention on the Safety of Life at Sea (SOLAS).
South Korean shipbuilding giant Hyundai Heavy Industries (HHI) has signed a memorandum of understanding to develop Internet of Things applications for ships with SK Shipping, Intel, Microsoft, the Ulsan Center for Creative Economy & Innovation (UCCEI) and the Daejeon Center for Creative Economy & Innovation (DCCEI).
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.
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