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Carriers Expect To Recoup IMO 2020 Fuel Costs Through Shipper Contracts

We're finally seeing news on how carriers will pass higher fuel costs, which are on the way, to shippers.

It seems that all the news around the International Maritime Organization's [...]

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Freight Rates Increase with Carrier GRIs After Slump

Two weeks ago, when this blog last checked in on freight rates, they were falling. Massively. This week, transpacific freight rates rise significantly with a wave of General Rate Increases (GRI), [...]

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You Won’t Believe How Pathetic This Ocean Freight Headline Is

Hyundai Merchant Marine (HMM) made headlines this week for doing something all businesses should do — focusing on customers. Correction: HMM made headlines for saying it would focus on [...]

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DOJ Antitrust Probe of Ocean Freight Carriers Is Over

A couple years ago in San Francisco, the world's major ocean freight carriers were holding a biannual Box Club meeting when the U.S. Department of Justice (DOJ) burst in on them with a raiding [...]

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Top 10 International Shipping News Stories of 2018

This is it! Universal Cargo's final blog of 2018!

It's become a tradition over the last couple years to make the last blog of the year a look back on the year's top 10 international [...]

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Carrier Surcharges for China’s 2019 Low Sulfur Regulation Changes

China's Ministry of Transport announced a while back upcoming changes to the country's fuel regulations in regard to sulfur content and emissions. We're fast approaching the implementation of the [...]

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Maersk & IBM’s BlockChain Collaboration Stalls

Big news hit in January when it was announced Maersk and IBM were forming a joint venture. The giants in international shipping and information technology, respectively, were introducing a [...]

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Maersk Sending First Container Ship Through Arctic

Maersk announced that it is sending the first container ship from East Asia to Europe through the Arctic Ocean. Daniel Shane reports in CNN Money:

The newly built Venta Maersk is set [...]

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What’s Happening with Freight Rates Right Now

Don't look now, but peak season is upon us. Yes, those big volume shipping months when importers are bringing in products to line store shelves for the back to school and holiday seasons are [...]

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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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