Ocean Transportation

Downward Trend in LPG Shipping Rates Expected to Continue

December 9, 2015

LPG shipping rates are expected to decline from the second half of 2016 as a bloated orderbook for VLGCs - very large gas carriers - fuels fleet growth that will far exceed shipping demand, according to the latest edition of the LPG Forecaster, published by global shipping consultancy Drewry.

CaroTrans Adds Taiwan-to-New York LCL Service

December 8, 2015

CaroTrans International

CaroTrans International, a global non-vessel operating common carrier and ocean freight consolidator, has begun a direct, less-than-containerload (LCL) import service between Taiwan and New York.

Ceva Opens Regional HQ in Brazil; Warehouse in Malaysia

December 7, 2015

CEVA Logistics

Ceva Logistics has opened a new headquarters for South America in São Paulo, Brazil.

As Crude Oil Supplies Mount, Tanker Shipping Rates Decline

December 7, 2015

Drewry

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.

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.