You won't find a more complete roundup of how the coronavirus pandemic is affecting international shipping, specifically the ocean freight sector, right now than this blog post here. This [...]
2020's international shipping news cycle so far has been an exercise in good news, bad news. To get at what I'm talking about, let me introduce you to a fun book by Jeff Mack I read [...]
There have been a ton of blank sailings related to COVID-19, commonly referred to as the coronavirus or novel coronavirus. In fact, according to an advisory that Tommy Chan, Compliance Manager of [...]
The trade war between the U.S. and China drags on without an end in sight. However, things are not all bad news for U.S. importers. Shippers who import from China got good news last week as Trump [...]
In only 5 months, starting on January 1st, 2020, cargo ships have to meet the International Maritime Organization's (IMO) new 0.5% sulfur cap on fuel known as IMO 2020. [...]
This is a guest post by David Fan. According to reports: Danish shipping major A.P. Moller – Maersk has decided to join its counterparts CMA CGM and the Mediterranean Shipping Company (MSC) as [...]
One of the biggest issues of our time is global warming. The ocean freight sector of the international shipping industry, in particular, faces an incredible challenge of reducing its greenhouse [...]
The share of shipments in the international shipping industry going to freight forwarders and Non-Vessel-Operating Common Carriers (NVOCC) is increasing.
Furthermore, it is not just [...]
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), [...]
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 [...]
We live in a global economy where about 90% of the world's goods are transported by sea, but it hasn't been smooth sailing for the ocean freight shipping industry in recent years. And the waters [...]
This is a guest post by Florian Frese.
Demurrage and Detention quickly become a shipper’s nightmare and can result in thousands of dollars in per diem charges. Costs that arise [...]
There is so much potential for what blockchain technology can bring to the international shipping industry. So much potential, in fact, there's a fight for who can successfully bring blockchain [...]
Something about international shipping has countries worried. And they're considering legislating it, which makes shipping industry professionals nervous.
What's the issue? Invasive [...]
I've seen a lot of headlines this year about various ocean freight carriers losing money. However, it all came to a head for me with Mike Wackett's article in the Loadstar last week with the [...]
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 [...]
This is a Guest Post by Cory Levins, Director of Business Development for Air Sea Containers.
It is remarkable that in an age of flight and space travel, most cargo transport around [...]
Fuel costs have significantly increased this year, causing many carriers to post first-quarter losses for 2018.
At least, carriers are saying higher fuel bunker prices are the cause [...]
It’s bad news for ocean freight carriers but good news for U.S. shippers. At least, it’s good news for U.S. shippers in the short run. 2018 could see transpacific freight rates drop [...]
Last month, Maersk said it expects carrier competition to shrink to only three global companies. It’s possible that Maersk is wrong, but it’s hard not to take the words and [...]
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