FMC Commissioner Stepping Down
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: [...]
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: [...]
Sexy is not a word typically used to describe international shipping. Boring. Yeah, that’s a more typical description. Of course, boring isn’t exactly the type of description to [...]
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 [...]
Trade Finance Global (TFG) just announced its 2017 International Trade Awards, recognizing innovative practice in international trade. The 2017 TFG International Trade Award for Best Freight [...]
In light of digital technologies, big data, and the Internet of Things–yes, the 4th Industrial Revolution–the global management consulting firm McKinsey & Company imagined what [...]
Big, bold letters reading, “Fourth Industrial Revolution will disrupt shipping” headline an article Wolfgang Lehmacher wrote for the Journal of Commerce (JOC). Is this just a [...]
Is international shipping manipulating weather? Controlling the weather has often captured our imagination in popular fiction. Examples include the upcoming movie Geostorm about weather [...]
A container ship crossing the Pacific Ocean sounds like nothing new. Importers and exporters know that carriers have ships sailing goods between Asia and America every day. However, a ship Nippon [...]
It has been a dark time for ocean carriers. Investing heavily in megaships–ships so large they can destroy entire planets–carriers created capacity greatly surpassing disappointing [...]
On Sunday (July 9th, 2017), Cosco Shipping Holdings Co., Ltd. (Cosco); Shanghai International Port Group Co., Ltd (SIPG); and Orient Overseas International Limited (OOIL) announced jointly that [...]
In this age when people and businesses are more and more dependent upon technology, it seems no company–no matter how big–is invulnerable to cyber attack. Or is it cyberattack? Or [...]
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 [...]
How can carriers reduce CO2 emissions, consume less fuel, and add extra protection on their container ships? How about a windshield? That’s right, a windshield on a container ship. [...]
For years now, we’ve talked about overcapacity plaguing carriers in the international shipping industry and putting downward pressure on freight rates. Over the last couple years, freight [...]
$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. [...]
Shippers were worried about potential delays or disruptions that April first’s carrier alliance reshuffle might bring. It turns out, those fears were well founded. Major congestion is [...]
Despite all the worries of slowed U.S. imports because of a potential protectionist policies from the Trump administration, strong growth is projected for U.S. imports over the next six months. [...]
On Thursday (March 23, 2017), legislation was introduced to stop labor slowdowns at U.S. ports. The legislation is aptly called the Prevent Labor Union Slowdowns Act (PLUS). It was introduced [...]
Shippers are worried about more than just their March Madness brackets right now. What has them so worried? The risk of next month’s big carrier alliance reshuffle causing freight [...]
Gavin van Marle reported in the Loadstar about a new contract arrangement between shippers and carriers designed to prevent both cargo shipment delays from carriers and cargo no-shows from [...]