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Are Ocean Freight Carriers Profiteering from Global Crisis?

A couple weeks ago, we posted a blog about how ocean freight carriers, in the middle of the coronavirus pandemic, went from being projected to lose as much as $23 billion in 2020 to looking like [...]

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Low Sulfur Surcharge Controversy

We promised to blog on this, so here it is... the controversy surrounding low sulfur surcharges. Big news events affecting the international shipping industry, specifically the Phase One Trade [...]

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Things Getting Bitter Between Maersk & MSC in Their 2M Alliance

Mediterranean Shipping Company (MSC), the world's second largest ocean freight carrier by capacity for the moment, put out a press release on Monday concerning its executive leadership: MSC [...]

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SeaIntelligence Says End of Shipping Alliances Would Skyrocket Freight Rates

What would happen if ocean freight carrier alliances were brought to an end?

Many shippers would cheer as they're currently seeking to make such an outcome a reality. But would it [...]

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Are Ocean Carriers In Trouble?

"We're all going to go bust," MOL President and CEO Junichiro Ikeda said to the Financial Times about the near future of ocean carriers in the international shipping industry.

For [...]

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Shrinking Carrier Competition: Cosco Buying OOCL

On Sunday (July 9th, 2017), Cosco Shipping Holdings Co., Ltd. (Cosco); Shanghai International Port Group Co., Ltd (SIPG); and Orient Overseas International Limited (OOIL) announced jointly that [...]

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