Jackie Gonsalez, vice president at Crowley Logistics, discusses post-pandemic maritime trends with Thomas Wasson on Tuesday during Global Supply Chain Week.
Trade and supply chain disruptions are inevitable, so it’s important to take steps to protect yourself.
Gordon Downes, CEO of New York Shipping Exchange, joins Ocean Audit’s head Steve Ferreira to chat about structural changes in container shipping and the place two-way committed contracts have in the industry.
The first of a two-part regime imposing new pollution control standards on ships has been released for public comment.
Thousands of crew members are stuck on board their ships due to COVID-19 restrictions. Learn more in Darren Prokop’s commentary.
Industry pushes lawmakers for roughly $2 billion in maritime-specific relief in next COVID package.
Freight haulers across transport modes join effort to raise awareness.
International organizations calling for show of solidarity as well as recognition of COVID-19 as occupational disease.
The companies that control the bulk of ocean cargo opearte under different rules than most companies. Read Darren Prokop’s explanation of why that is…
Guest columnist Sri Laxmana writes about the impacts of IMO 2020.
INTTRA by E2open on Tuesday announced a new technology platform, compliant with the new Digital Container Shipping Association (DCSA) Interface Standard for Track and Trace 1.0, published last week by […]
Ships recently in China considered a “hazardous condition”
Darren Prokop writes about the implementation of IMO 2020 and how its costs will be absorbed and/or passed along…
Few freight forwarders currently offer shipper-owned containers due to the lack of market transparency in their sourcing.
The digitalization of Navantia’s purchasing and procurement segments have led to a 52% increase in purchasing efficiency and reduced its supply cycle time by 25%.
Darren Prokop writes about the benefits of economies of scale in maritime shipping; he also writes about the dangers of diseconomies of scale.
RightShip advocates for safety and sustainability in the maritime industry.
ItsMyCargo is a German technology startup that is looking to sell software to traditional maritime freight forwarders who can use technology to compete against recently launched digital freight forwarders.
For decades, the European freight rail system has had no major upgrades with regard to axle load capacity, train length or car vertical height.
Hong Kong-based 300cubits is suspending its platform after it failed to generate sustained interest within the maritime logistics space due to issues with interoperability and government regulations.
Ben Thrower writes about the coming IMO 2020 regulations and its impact on the shipping industry.
The London-based startup is helping ships to optimize their port docking time, allowing them to sail early and save on fuel by sailing slower.
U.S. Customs and Border Protection marks the 230th anniversary of the first customs processing of a ship in the new United States.
The Port Report focuses on another vessel being seized in the Strait of Hormuz.
Automotive carrier Kawasaki Kisen Kaisha (K-Line) has been convicted of being in a criminal cartel and has been fined nearly US$23.4 million in Australia.
Japans K-Line shipping company reported its fiscal first quarter earnings.
Japanese shipping company NYK;s fiscal first quarter earnings are covered in this article.
OOCL reported its second quarter 2019 earnings while also announcing that it was canceling several Asia-Europe sailings for a three-month period.
Chris Connor, the new president and CEO of the American Association of Port Authorities, is enthusiastic about advocating for the varied needs of its members.
In this commentary by Ekim Saribardak, he writes about new track and trace technologies that can revolutionize the shipment of ocean freight.
The Netherlands leads Europe in inland waterway transport, and to keep its dominance over roadways intact, it looks to invest heavily in autonomous shipping technology.
Cyber attacks are becoming all too common in the maritime sector, making it crucial for container lines to prevent data hacking and look to improve resilience.
The maritime industry can be well-served with an unmanned vessel that can produce its own energy from the waves and through solar battery panels fixed on its roof.
Market expert writes about the latest tensions in the Mideast and how that might impact air and sea cargo, as well as supply chains.
Market expert Brian Aoaeh writes about the new Digital Shipping Container Alliance and why standards are important to industry. He also writes about why getting standards written and adopted is particularly difficult.
Market expert Henry Byers examines the U.S.-Chinese trade war and its impact on imports and the broader economy.
Market expert Brian Aoaeh’s article focuses on the current and upcoming maritime industry issues – IMO 2020, global warming, rising sea levels, etc. Read Brian’s take on how the maritime industry is meeting these challenges.
There has been a steep drop in the volume of box traffic handled at Hong Kong, one of the world’s busiest box ports. Containerized throughput at Hong Kong took a dive in the first three months of 2019 when compared to the first quarter of 2018, according to preliminary figures from the Hong Kong Marine Department. Box traffic was down, on average, by 10.2 percent in the first quarter of 2019 compared to the first quarter of 2018.
With widespread adoption and government backing, hydrogen fuel cells could be an economically viable alternative to bunker fuel in the maritime industry, especially after the IMO sulfur cap regulation kicks in by 2020.
Israeli-based maritime startup Orca AI provides uses artificial intelligence and data analytics to prevent ships from colliding with obstacles while at sea.
China is the number one country for emerging logistics opportunities in 2019, according to the latest annual Agility Logistics Index, which surveys over 500 logistics professionals. The country also takes the top spot both for domestic and international emerging markets logistics opportunities. India was in second place. Countries in the Middle East and South East Asia showed strongly too.
International terminal mega-operator, DP World, has announced a solid set of results for 2018. Revenues, earnings before interest taxation depreciation and amortization (EBITDA), and net profit all substantially increased last year compared to 2017. Acquisitions and increased box volumes drove revenues and profits. DP World has announced investment plans for 2019.
Contracts on the S&P 500 Index fluctuated before nudging upward, with those on the Nasdaq and Dow Jones gauges following in line.
MatchBack Systems provides an innovative approach to manage shipping container costs and improve efficiency optimization through the use of matchbacks.
Expeditors should do well in a softening ocean freight market and a Panalpina deal wouldn’t necessarily be a bad thing.
V.Group has acquired Global Marine Travel (GMT) from Inchcape Shipping Services according to a V.Group press release. The acquisition will increase the scale of V.Group’s operations to offer global 24/7 travel services.
Container shipping line Maersk will move 16 containers on river Ganges (National Waterway-1) from Varanasi to Kolkata in India on February 12, marking the entry of commercial shipping players in India’s nascent inland water transport network.
Shippabo has created its own version of a fixed-rate contract, which helps small and mid-sized shippers gain access to direct-to-carrier contracts, allowing them to cut their shipping costs and secure reliable capacity.
Storing real-time data from aircraft and sea vessels on the cloud has been subject to a lot of debate, as the data that gets transmitted could be hacked in by people with nefarious motives. Blockchain could be a respite.
Maritime startup Neoline is working along with the Renault Group to develop transatlantic vessels that use sails as the primary propulsion system and travel at the speed of 11 knots – a move that could reduce fuel consumption by atleast 80%.
CargoX Smart B/L platform would be the first open and neutral blockchain platform in the shipping industry for real-world commercial use.
Supply chain software company E2open is in the process of acquiring the world’s largest neutral maritime network INTTRA, in its bid to expand its services to the ocean container industry.
UNCTAD expects volumes across all maritime segments to grow in 2018. However, it warns that trade wars can disrupt the global trading system and there is a need to assess the implications of vertical integration within the industry, addressing any potential negative effects.
China’s National Bureau of Statistics reported slowing growth pointing to weaker exports as the China Manufacturing Purchasing Managers Index (PMI) dropped to 50.8 percent, down 0.5 percentage points from the previous month to the second lowest reading in 12 months.
The World Trade Organization (WTO) has downgraded its outlook for global trade this year and next, citing tighter credit market conditions and escalating trade tensions as the main drivers.
The ports of LA and Long Beach witness a fall in imports due to upcoming tariffs; Hurricane Florence is now a Cat 2 storm; California passes bill that would make its electricity carbon-free by 2045.
xChange is helping container lines reduce their dead miles, by providing them with one-way container moves or SOCs from 2500 locations across the world.
Ports of LA and Long Beach have reduced emissions by replacing diesel-run equipments with zero-emission engines; oil prices rise over signs of U.S. sanctions on Iran; warehousing workers salaries have seen good increases over the last three years.
In Bangladesh, the shipbreaking industry is booming business – but at the cost of the lives of workers, who work in dangerous environments with minimal safety precautions. Local NGOs are championing the workers’ cause and are hoping to enforce existing UN regulations to the maximum extent possible.
Hapag-Lloyd believes that data standardization would help various stakeholders to collaborate together and improve the supply chain efficiency in the maritime industry.
COSCO shipping came under a cyber attack this week, which reinforces the need for comprehensive cybersecurity regulations within the maritime industry as the future moves towards port automation and autonomous shipping.
The Jones Act has proved itself costly and irrelevant to the U.S. for long enough. Unfortunately, it will take more than an “act of God” to change the law. It will take an act of Congress.
For the first half of the year thus far, coal exports are up nearly 24% over the same period last year.
Dale Huang, the CTO of COSCO Network e-Logistics spoke about the importance of blockchain in the logistics and shipping world and how he expects the technology to gain centerstage in the near future.
Oil prices could go over $90 a barrel by 2020 due to IMO regulations that put a cap on the sulfur emissions in the shipping industry.
High capacity, steady rise in oil prices, a weaker U.S. dollar and a dull spot market had sunken margins of shipping majors in Q1 2018.
