Freight rates in the international shipping industry are always volatile, especially for small to medium shippers who play the spot market for their import and export pricing. There are many [...]
IMO 2020 went into effect on January 1st, requiring sea vessels, including container ships, to abide by a 0.5% sulfur cap on fuel or use scrubbers (systems that clean fuel in engines) in order to [...]
Before 2020 hits, let's take a look back at 2019. What happened in international shipping this year didn't happen in a bubble. Just like events of years past affected this year, the things [...]
As 2019 draws to a close, a ton of things are happening in international shipping. You would think with the last three blogs getting into IMO 2020, Incoterm changes with Incoterms 2020, and the [...]
We're less than a month away from New Year's Day when some big rule changes are to be implemented on the international shipping industry: Incoterms 2020 and IMO 2020 go into effect on January [...]
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 [...]
In case anyone actually needed more evidence for the volatility of freight rates, ocean shipping prices just swung in the opposite direction again. After blogging just a week ago about a surge in [...]
The outlook on shipping through the Arctic is changing. And I'm not just talking about the changes in climate making shipping through the North Pole possible. Ocean freight carriers are coming [...]
Maersk predicted, a couple years ago, that carrier competition would shrink to just 3 global companies. Of course, Maersk is at the top of the list of carriers expected to be left if its [...]
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 [...]
Less than half a year away from the IMO 2020 cleaner fuel mandate, the International Association of Dry Cargo Shipowners (INTERCARGO) put out a media release raising safety concerns around the [...]
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 [...]
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 [...]
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 [...]
There are a number of stories about ocean freight carriers making headlines right now. So let's round up the top ones and put them all in one blog.
Read Universal Cargo's newest blog [...]
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 [...]
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 [...]
There's tension building with the dockworkers at West Coast ports.
Shippers have been feeling good about stability at the ports because of the contract extension and new contract the [...]
Are you unhappy with your current freight forwarder? It might be time to change your freight partner. To be sure you are changing a freight forwarder at the right time, look for these telltale [...]
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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