Filed in Ocean Carriers
Friday, May 13, 2016
Six of the eight “orphan” ocean carriers not included in the proposed OCEAN Alliance or the 2M Alliance have
found a home of sorts, coming together to form a new vessel sharing agreement (VSA) referred to as "THE Alliance."
Monday, April 04, 2016
Analysts for the London-based consultancy, Drewry Maritime Advisors, say that the trend of “big ship obsession” may soon come to an end.
Friday, January 08, 2016
The most recent edition of the Port Tracker report from the National Retail Federation (NRF) and maritime consultancy Hackett Associates expects retail import volumes to tail off during the first quarter of 2016, with the holiday shipping season complete.
Monday, October 12, 2015
With the sinking of the El Faro last week, and the resulting deaths of its entire crew of 33, the viability of the Jones Act is again being called into question.
Saturday, August 01, 2015
As Executive Editor Patrick Burnson has been reporting over the last few years, the ocean shipping industry has been navigating tumultuous waters as shippers have worked diligently to control costs at the same time that trade has witnessed a spotty recovery in the face of global financial troubles.
Sunday, March 01, 2015
Ocean cargo carriers vying for market share and sustainable profits are using a variety of methods to get the upper hand this year. Analysts say that while some are leveraging partnerships, others are wagering on reliability to trump that play. Shippers, meanwhile, are hoping that it will all amount to more than just zero-sum.
Thursday, September 18, 2014
A recent hearing of the Subcommittee on Coast Guard and Maritime Transportation suggests that the U.S. Merchant Marine industry may be poised for a major comeback.
Monday, August 11, 2014
The current shortage of officer corps seafarers is forecast to worsen and risks impacting ocean cargo carrier profitability, according to Drewry’s recently published Manning 2014 Annual Report.
Friday, August 01, 2014
Earlier in the year, Executive Editor Patrick Burnson issued the forecast that 2014 would be the year ocean cargo carriers finally return to profitability.
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Monday, June 23, 2014
While U.S. shippers may have been surprised by China’s decision to oppose the P3 Network, there had been rumblings of discontent voiced by their counterparts in Hong Kong for some time.