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
Rhine River Reopens for Cargo Shipping After Flooding
Cargo shipping on the Rhine River in south Germany resumed on Friday following a closure due to high water levels… Read More
Freight Rates Are Ballooning to Pandemic Highs
Just as peak shipping season begins, a container capacity crunch could push rates to higher levels than previously seen with… Read More
St. Louis Regional Freightway Unveils $8 Billion Priority Projects List for 2025
The St. Louis Regional Freightway has announced its 2025 Priority Projects List, which includes 27 projects with a total investment… Read More
Crews Blast Baltimore Bridge Wreckage Off Cargo Ship
Authorities are optimistic that the cargo ship Dali will soon be refloated after salvage crews used explosives to demolish wreckage… Read More
Improved Carrier Sentiment Signals Potential Rate Increase in Truckload Spot Market
A recent Bloomberg | Truckstop survey reveals that sentiment among North American carriers in the truckload spot market has improved… Read More
The World’s Largest Cargo Ship Makes Impressive Arrival in Britain
Britain’s largest and busiest container port, the Port of Felixstowe, witnessed a remarkable event as the MSC Loreto, one of… Read More
Virginia and Baltimore Companies Unite to Solve Shipping Challenges Post-Bridge Collapse
Following the collapse of the Francis Scott Key bridge in Baltimore, companies from Virginia and Baltimore have banded together to… Read More
Baltimore Bridge Collision Sparks Surge in Container Price
Container Traders Anticipate Rise In Disruptions and increase in container prices in the Wake of Baltimore Bridge Collision US ports… Read More
China’s Container Trade Faces Hold-Offs Due to Supply-Demand Imbalance
Container xChange has released its latest China market update, shedding light on the current container price trends in China. Despite expectations of… Read More
5 Major Ports in Africa That Are Strengthening African Trade
Africa boasts a 26,000-kilometre-long coastline dotted with over 100 ports and harbours. However, despite this extensive maritime access, none of… Read More
SC Ports Boosts Holiday Giving with $25,000 Contribution to Lowcountry Food Bank
In the spirit of holiday generosity, SC Ports is making a meaningful impact by donating $25,000 to the Lowcountry Food… Read More
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