Isn't modal shift toward the ocean, using "hibernation technology" inside sea containers, supposed to be the scourge of the perishable air cargo industry?
LNG shipowners will have to wait until 2018 for earnings to improve, when the majority of new U.S. plants are expected to come online, according to the latest edition of the LNG Forecaster report published by global shipping consultancy Drewry.
The balance of seaborne-cargo delivery in the U.S. shifted further east in the last year, resulting in East Coast seaports making gains against their West Coast counterparts in CBRE Group Inc.'s second-annual North American Seaports and Logistics Index.
Too many ships, too much rate discounting, and too many service providers for the market to support: the outlook for ocean carriers is "pretty bleak indeed."
Maersk Line marked the introduction of its first direct service from Northern Europe to Cuba on April 22 when a 2,556-TEU container vessel arrived in the Port of Mariel, 30 miles from Havana.
We live in a digital world that is evolving at breakneck speed. Unfortunately, rapid change can bring problems, issues and chaos, and the maritime world is not exempt from the potential downsides of technology's evolution.
Iran faces a struggle to increase oil exports because many of its tankers are tied up storing crude, some are not seaworthy, and foreign shipowners remain reluctant to carry its cargoes.
Ocean carriers bucked a five-month downwards trend by improving container service reliability in March, according to Carrier Performance Insight, the online schedule reliability tool provided by Drewry Supply Chain Advisors.
The U.S. is served by publicly - and privately-owned marine facilities located in approximately 360 commercial sea and river ports. These are found along the Atlantic, Pacific, Gulf and Great Lakes coasts, as well as in Alaska, Hawaii, Puerto Rico, Guam and the U.S. Virgin Islands.
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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