Current news, information and trends in the ocean freight industry covering freight lines, carriers, logistics and classification.

Largest cargo vessel to visit North America comes to West Coast ports

Posted 12/14 · 03:36 PM · LM Editorial
As this year ends, the era of the mega vessel may be finally be ushered in as the largest container ship ever destined for North America calls West Coast ports.
NewsPortsContainerTrade

Air cargo gains in spot market pricing arena

Posted 12/08 · 04:20 PM · LM Editorial
The dramatic decline to ocean freight spot market rates has served to widen the pricing differential to air rates to record levels, say Drewry Supply Chain Advisors.

More ocean carrier consolidation looms as CGM makes offer to buy NOL

Posted 12/07 · 10:14 AM · LM Editorial
In a much-anticipated move, CMA CGM announced a pre-conditional voluntary general cash offer for Neptune Orient Lines (NOL).

INTTRA Solution May Ease SOLAS Compliance for Supply Chain Managers

Posted 12/03 · 10:52 AM · SCMR Editorial
The pending implementation of Safety of Life at Sea (SOLAS) verified gross mass (VGM) regulations will add yet more complexity to the troubled global ocean container industry.
NewsPortsShippingOcean Shipping

INTTRA confronts new challenge posed by SOLAS regulations

Posted 12/02 · 09:52 AM · LM Editorial
The pending implementation of Safety of Life at Sea (SOLAS) verified gross mass (VGM) regulations will add yet more complexity to the troubled global ocean container industry.

Port of Oakland lifting four giant cranes 26-feet higher

Posted 11/30 · 04:48 PM · LM Editorial
The Port of Oakland continues its effort to attract more fully-loaded inbound ocean carrier calls by investing in its infrastructure.

World Shipping Council Outlines Supply Chain Strategies for 2016

Posted 11/30 · 09:10 AM · LM Editorial
Christopher L. Koch, who just retired from a 15-year tenure as president and CEO of the World Shipping Council (WSC), and continues to serve as its senior advisor, is still telling shippers to stay the course.

Ocean carrier mega-alliances called into question

Posted 11/19 · 03:45 PM · LM Editorial
The Global Shippers’ Forum (GSF) says better communication across the whole supply chain is vital to ensure shipper’s needs are not compromised by the container shipping industry’s drive to cut costs through mega-alliances.

Ocean cargo shipping’s reliability index slips a bit

Posted 11/19 · 09:50 AM · LM Editorial
Containership reliability “took a small step backwards” in October as the average on-time performance across all trades reached 77.9 percent.

Ocean Cargo Carriers Face Rising Costs

Posted 11/17 · 09:12 AM · SCMR Editorial
The cost of operating cargo ships is forecast to rise over the next two years after falling in 2015, according to the latest Ship Operating Costs Annual Review and Forecast 2015/16 report published by global shipping consultancy Drewry.

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