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 [...]
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 [...]
You would think the trade war between the U.S. and China would be nothing but bad for transpacific shipping; however, it may have just saved the year for carriers.
Back in June, we [...]
This is a Guest Post by Grace Carter Note from the editor: While this is not an article about international shipping as most of our blog posts are, we think many of our readers will still find [...]
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 [...]
A week ago, we posted a blog from Universal Cargo's own Cherry Chen outlining the section 301 tariff exclusion process shippers can use to request a one year tariff exclusion on products they [...]
Whether you’re new to Universal Cargo’s blog or a regular reader, this post will help you navigate through to the most useful and popular articles we’ve posted here over the [...]
At Universal Cargo, we're always happy to provide shipping quotes; however, today's quotes are of a completely different kind than we normally dispense.
Instead of freight rate [...]
"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 [...]
Japan’s “Big 3” shipping companies—K Line, MOL, and NYK— joined forces to form the joint venture Ocean Network Express (ONE). And starting today (February 1st, 2018) you can [...]
Back in November, we blogged about Maersk no longer being the number one carrier. Today’s blog headlines with Maersk still being number one. So what gives? The previous blog was about who [...]
TOP 10 INTERNATIONAL SHIPPING NEWS STORIES OF 2017 - Universal Shipping NewsWatch this video on YouTube This is it! Universal Cargo’s final blog of 2017. This year certainly seems to have [...]
The Federal Maritime Commission (FMC) is losing another commissioner. Commissioner William P. Doyle announced in a press release yesterday (November 27th) that he is stepping down from the FMC: [...]
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 [...]
Maersk is the largest carrier by capacity in international shipping and clearly the leader of the industry. We’ve talked about this before in Universal Cargo’s blog: The moves Maersk [...]
THE Alliance members are “falling further behind in the megamax vessel stakes,” Alphaliner was quoted as saying in an article by Mike Wackett in the Loadstar. The headlining point of [...]
Maersk is the biggest name in international shipping. It is the largest ocean carrier by capacity and sets industry trends with the moves it makes. Another advantage Maersk has over its [...]
Kawasaki Kisen Kaisha, Ltd. (K Line), Mitsui O.S.K. Lines, Ltd. (MOL), and Nippon Yusen Kabushiki Kaisha (NYK) have given a name to their upcoming joint venture. In a joint press release [...]
$66 million seems like a lot of money. Imagine losing that much in 3 months. For most of us, that’s hard to imagine because we’ve never even seen $1 million let alone $66 million. [...]
Despite the reshuffling of ocean carriers into just three alliances–the 2M, Ocean Alliance, and THE Alliance–being described as a disaster, U.S. shippers have seen little impact on [...]
We talk about how volatile the international shipping industry is in terms of freight rates all the time. But international shipping news can be quite volatile too, with stories taking twists and [...]