International shipping industry news? You’ll find it in Global Trade. Check out trade articles about ocean carriers and port destinations.
Ocean carriers have become the standard for connecting trading partners from different geographies, especially when large volumes of freight must be sent over significant distances. Freight costs on carriers are among the lowest available, making these remarkable ocean liners the preferred choice for shipments that are not adversely impacted by a longer transportation time – anywhere from 10 to 30 days. However, maintaining these lower costs has been a challenge in an asset-heavy, highly competitive industry that requires considerable financial investment – not just in the ships themselves, but in fuel and carriers as well. This may be one reason why many major carriers have expanded their services to also incorporate freight consolidation, warehousing, and truck and rail service, so shipments can literally now be made door-to-door rather than port-to-port.
Hapag-Lloyd Invests $4 Billion in 24 Dual-Fuel Containerships to Propel Decarbonization Goals
German shipping giant Hapag-Lloyd has committed to a $4 billion investment in 24 new dual-fuel containerships, ordered from China’s Yangzijiang… Read More
SCRUB 2020 AWAY: HOW THE INDUSTRY IS HOLDING UP AFTER ONE YEAR OF IMO 2020
The shipping industry has experienced one heck of year since IMO 2020 took effect. Looking back, it is reasonable to… Read More
Preparing for Rough Waters: How to Handle Freight Lost in a Vessel Accident
Maritime insurance executives estimate that 3,000 containers have been lost at sea over the past few months alone. Compared to… Read More
Contract Of Affreightment: How to Know Your Obligations
Shipowners and charterers must make themselves aware of the contract of affreightment. This post details what a contract of affreightment… Read More
SHIPPERS ON INTERMODAL: CHANGES NEEDED FOR GROWTH OPPORTUNITIES
The intermodal transportation sector is experiencing an interesting shift as of lately. The combination of disruptions from the pandemic while… Read More
Pros and Cons of Re-using Shipping Containers
If you keep up to date with the latest worldwide architectural trends, you must know that a lot of fuss… Read More
DON’T LOOK SOLELY AT THE LARGEST SHIPS IN GLOBAL SUPPLY CHAINS
When it comes to ocean transportation, some might automatically think of massive container vessels carrying loads upon loads of cargo… Read More
How to Best Prepare for Current (and upcoming) Supply Chain Disruptions
Weekly meal planning is a recurring event in our household. Although this activity is not particularly exciting, every Saturday my… Read More
Are Your Favorite Companies Eco-Friendly? Even They May Not Know.
Corporations around the world love to promote their environmental bona fides, touting their at-times Herculean efforts to minimize their carbon… Read More
An Ocean of Potential in the Blue Economy
The Blue Economy The ocean has always been an essential part of life on this blue planet. Oceans cover over… Read More
Vessels for Life: Here are the Ships that Make Our Lives more Livable
It’s amazing how interconnected we are as a world—from delivering goods along the supply chain to your local grocery store… Read More
Global Shipping Trends: What to Expect in 2020
Now that the fireworks are over and New Year’s resolutions are set, it’s time to prepare for global shipping in… Read More
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