Ocean Transportation

Hapag-Lloyd Adds 3,000 Reefer Containers to Fleet

February 16, 2016

Hapag-Lloyd AG has added 3,000 refrigerated containers to its fleet.

Shipping Rates for Chemicals Expected to Face Pressure This Year

February 12, 2016

On the back of low bunker prices and more newbuildings to be delivered in 2016, chemical shipping freight rates for both contracts of affreightment and spot cargoes will be under pressure throughout 2016, as there are some new operators looking to break into the long-haul trade routes, according to the latest edition of the Chemical Forecaster, published by global shipping consultancy Drewry.

U.S. Expected to See Retail Imports Grow 4.5 Percent in First Half of 2016

February 11, 2016

NRF

Import cargo volume at the nation's major retail container ports is expected to decline year-over-year for the next few months, but the first half of the year should still amount to a 4.5-percent increase compared with the same period last year, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.

PLS Logistics Services Opens Branch in Charlotte

February 9, 2016

PLS Logistics Services

PLS Logistics Services, a provider of supply-chain and freight-brokerage services, has opened a new branch office in Charlotte, N.C.

Wallenius Wilhelmsen Logistics Takes Over South African Venture

February 9, 2016

Wallenius Wilhelmsen Logistics

Wallenius Wilhelmsen Logistics (WWL), a global provider of roll-on/roll-off shipping and vehicle logistics services, has entered into an agreement with its partner company Groupe CAT to acquire the latter's 50-percent share in CAT-WWL, a joint venture of 10 vehicle-processing facilities based in South Africa.

Tianjin Port Explosion May Rank as Worst Marine Insurance Disaster

February 9, 2016

Maritime Executive

Claims related to the massive explosion at the port of Tianjin, China, may grow to as much as $6bn, says the International Union of Marine Insurance (IUMI). More than half of the claims reportedly fall within marine insurance or reinsurance lines - potentially making it the largest single marine disaster (by claim value) in history, surpassing Hurricane Sandy.

Rating the World's Cleanest - and Dirtiest - Ships

February 5, 2016

Robert J. Bowman, SupplyChainBrain

Want to make sure that your imports or exports are traveling on a "clean" ship? There's a way to do that.

Continued Battering Seen for LNG Shipping Industry Profitability

February 4, 2016

Drewry

LNG shipping earnings will remain under pressure in 2016 as accelerating fleet growth and changing trade patterns will weaken supply-demand conditions, according to the latest edition of the LNG Forecaster report published by global shipping consultancy Drewry.

GAC Group Upgrades Portal for Ship Agency Customers

February 3, 2016

GAC Group

GAC Group has enhanced its GACtrack portal to provide greater job transparency and control to ship agency customers

CMA CGM Becomes Latest Western Shipping Company to Strike Deal With Iranian Ocean Cargo Line

February 2, 2016

Maritime Executive

French firm CMA CGM, the world's third-largest container shipping operator, signed a significant cooperation agreement Thursday with Islamic Republic of Iran Shipping Lines (IRISL).

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.