This is a guest post by Cory Levins. Food shipped internationally by sea and air across countries and continents is the most cost-effective way to transport consumable products. Frozen storage [...]
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 [...]
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 [...]
Many returned to work yesterday (February 10th) in China after the Spring Festival Holiday (Chinese New Year) shutdown was extended by the novel coronavirus that quickly spread from its epicenter [...]
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 [...]
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 [...]
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 [...]
Normally, freight rates increase this time of year during international shipping's peak season when shippers are importing more goods than usual to stock up for the big holiday shopping season. [...]
The Federal Maritime Commission (FMC) announced in a press release on Friday (September 6th, 2019) that it would "address detention and demurrage charge issues" by adopting a set 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. [...]
U.S. Customs & Border Protection (CBP) suspended MSC's Customs-Trade Partnership Against Terrorism (C-TPAT) certification after a historic drug bust was made on a ship of the world's second [...]
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 [...]
Maersk and IBM edged forward in the BlockChain race. However, don't let anyone fool you into thinking they'll be doing a victory lap anytime soon.
It was November the last time we [...]
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 [...]
Shippers need to be extra careful about the trucking companies they hire to transport their shipping containers to and from the ports. If not, shippers could find themselves liable in legal [...]
A combination container and RORO ship called the Grande America caught fire and sunk.
Read the blog for all the details.
Transpacific freight rates are soaring high right now and not just because it's peak season.
Shippers have been rushing to beat tariff increase dates on imports from China, [...]