Ocean Transportation

UPS Enhances Field Stocking Locations for Medical Device Makers

July 22, 2014

UPS has developed a network of Field Stocking Locations to handle medical device shipments.

Drewry, WACO System Expand Collaboration in Airfreight Market

July 21, 2014

Independent specialist advisors Drewry and global forwarder network The WACO System have expanded their cooperation agreement to include exchanging and sharing market intelligence in the air cargo market.

Increase Is Urged in Asia-to-U.S. Container Shipping Rates

July 21, 2014

Maritime Executive

Container shipping companies were urged to raise Asia-U.S. freight rates by at least $600 per 40-foot container (FEU) with effect from Aug. 1, their organization TSA said on Wednesday.

Maersk, MSC Go Back to Drawing Board and Devise New Collaborative Alliance

July 17, 2014

Maritime Executive

Maersk and MSC have reacted to China's objections to the proposed P3 alliance by coming up with a new vessel sharing arrangement called 2M that they hope will be agreed by all regulatory authorities before the beginning of next year. Out has gone CMA CGM, in order to bring the agreement's market share down to more acceptable levels, and in has come a much simpler joint coordination committee to monitor the carriers' network on a daily basis.

Nicaragua Votes for Inter-ocean Canal to Compete with Panama

July 11, 2014

Maritime Executive

A Nicaraguan committee approved a proposed route on Monday for a $40bn shipping channel across the Central American country that would compete with the Panama Canal.

LNG Ships Calling Gothenburg to Gain Large Discount for Efficiency

July 9, 2014

Supply Chain Digital

Ships powered by liquefied natural gas can expect a substantial reduction in the port tariff when they call at the Port of Gothenburg in the future.

Cutting Costs Is Top Goal for Container Industry as Rates Continue Falling

July 8, 2014

Maritime Executive

Drewry's 2Q14 Container Forecaster highlights that there is a widening gap between the positive financials of the few carriers really focused on cutting costs and the rest of the top 20 lines, as they battle with the pressure of falling freight rates.

Never Mind a Possible Strike. Heres the Real Problem at West Coast Ports

July 7, 2014

Robert J. Bowman, SupplyChainBrain

Importers and exporters were holding their collective breath last week, praying that negotiations for a new West Coast longshore labor contract wouldn't result in a temporary shutdown of the ports. But service providers were just as concerned about what happens if they stay open.

Iran Sees Growing Number of Foreign Ships Docking at Its Southern Port

July 3, 2014

Arabian Supply Chain

Despite sanctions, Iran says the number of foreign trade vessels berthing at the country's southern port of Shahid Rajayee has considerably increased.

CargoSmart Updates Sailing-Schedule App for Mobile Phones

July 2, 2014

CargoSmart Limited

CargoSmart Limited has developed a new version of its ocean sailing schedules application for Android and iPhone.

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.