3 Biggest Takeaways for Shippers from 2017 Projections
The holiday season is here. That means we’re approaching the end of 2016 and projections are being made about what 2017 will look like for the international shipping industry. Drewry, the [...]
The holiday season is here. That means we’re approaching the end of 2016 and projections are being made about what 2017 will look like for the international shipping industry. Drewry, the [...]
The news out of Beijing at the end of last week on mp.weixin.qq.com is that the carriers of the OCEAN Alliance signed a document laying out the vessel sharing agreement’s planned network of [...]
Tuesday (November 1st, 2016), the Pacific Maritime Association (PMA) and International Longshore & Warehouse Union (ILWU) met to discuss a contract extension. Well, they met to discuss the [...]
As of Monday, the OCEAN Alliance has been cleared for business–at least as far as the Federal Maritime Commission (FMC) is concerned. However, the vessel sharing agreement between CMA CGM, [...]
As if the Hanjin Shipping collapse hasn’t been bad enough for shippers, especially those who are customers of the bankrupt carrier, imagine the company or its creditors suing its shippers [...]
Well, this might be a little bit early–notices are reported to start going up tomorrow at the earliest–but Hanjin Shipping’s Asia-U.S. operations are going up for sale. The [...]
Will we see more major carriers, like Hanjin, go bankrupt soon? According to the work of a major research company in the international shipping industry, it looks not only possible but likely. [...]
A lack of chassis during peak season is causing congestion issues at the Ports of Los Angeles and Long Beach. Sound familiar? Two years ago, the Southern Californian ports were suffering from [...]
The Pacific Maritime Association (PMA) and the International Longshore & Warehouse Union (ILWU) are officially going to meet to discuss an early contract extension. Sort of. In a joint press [...]
The collapse of Hanjin Shipping, international shipping’s 7th largest carrier by volume, is causing disruption, increased freight rates, and perhaps an opportunity for some to illegally [...]
This year has seen record low freight rates due, in part, to overcapacity. To put it simply, there has been way more space on container ships than demand from shippers to fill it. Overcapacity is [...]
It’s hee-eere. The new Verified Gross Mass (VGM) rule goes into effect tomorrow: July 1st. For many exporters, imagining the little girl from Poltergeist saying that first line of this post [...]
This year has seen record low freight rates. While freight rate pricing has been increasing, shippers are still paying significantly less than in previous years. World Maritime News reported a [...]
July 1st is less than a month away. Many in the international shipping industry are nervous about that. That’s because July 1st is when the International Convention for the Safety of Life [...]
Back in March, the Pacific Maritime Association (PMA) officially requested the International Longshore & Warehouse Union (ILWU) start early talks to extend the current contract that [...]
Last week when we blogged on Hyundai Merchant Marine (HMM), South Korea’s second largest largest container carrier’s theme song was Queen’s “Another One Bites the [...]
Things are not looking good for Hyundai Merchant Marine (HMM). South Korea’s second largest shipping line has been in financial crisis that it is looking less and less likely to survive. [...]
When watching the carriers operating in the international shipping industry, the old Agatha Christie mystery, “Ten Little Indians” comes to mind. … And then there were [...]
They say change is a constant. What’s certainly constant about change is someone always finds a way to make money on it. U.S. ports are in position to cash in on the upcoming regulation [...]
Maersk, the world’s largest ocean carrier by capacity, had one of its ships collide with another container ship off the coast of China over the weekend. The ship then caught fire. While the [...]