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
G6 Alliance Adds New Halifax Call on Asia-N.A. Service
The G6 Alliance of ocean carriers announced a change to the service it provides between Asia and the East Coast… Read More
EU Rules on Reporting Shipborne CO2 Emissions Now in Effect
A European Union regulation mandating that ship owners report CO2 emissions of vessels sailing to and from European ports came… Read More
Introducing the World’s First Methanol-Fueled Diesel Engine
Mitsui O.S.K. Lines, Ltd. (MOL) has ordered methanol carriers with the world’s first methanol burning dual-fueled low-speed diesel main engine…. Read More
UK Ocean Carrier Kestrel Starts Offering Capacity Online
Kestrel Liner Agencies, an ocean freight provider based in the UK and serving the U.S., Caribbean, and Latin America, has… Read More
Crowley adding sailings from New Jersey to Puerto Rico
Crowley Maritime Corp. will add sailings between Pennsauken, N.J., and San Juan, Puerto Rico, this summer. The move comes in… Read More
Logistics Trends Reflect Recovering U.S. Economy
Logistics trends in the United States mirror an economy that is recovering and growing. That was a key observation in… Read More
2M Or Not 2M?
OPINIONS SPLIT ON WHAT CHANGES CARRIER MEGA-ALLIANCES WILL DELIVER FOR SUPPLY CHAINS With the recent launch of a pair of… Read More
Container Carrier Hapag Lloyd Quits the Port of Portland
Hapag Lloyd, the German-flag ocean carrier, is terminating all container service through the Port of Portland with the company no… Read More
World’s Largest Containership Launched in Korea
Los Angeles, CA – The world’s largest containership – the CSCL Globe – has been launched in South Korea for… Read More
Port of Vancouver USA Welcomes New Bulk Carrier
Vancouver, WA – The Port of Vancouver USA recently welcomed the bulk carrier Kypros Unity on her maiden voyage. The Kypros Unity… Read More
Port of Hueneme Sets Cargo Volume Record
Oxnard, CA – The Port of Hueneme realized its highest international trade year in its 77 year history and its… Read More
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