Low Sulfur Surcharge Controversy
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 [...]
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 [...]
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 [...]
2020 is less than a month away, and it's not an exaggeration to say it will be one of the most eventful new years the international shipping industry has ever seen. First, IMO 2020 goes into [...]
It's probably not a good idea for a country you're fighting in a trade war to control one of your biggest ports. That's a situation that was set to happen because of COSCO Shipping's deal to buy [...]
Hagibis means speed in Tagalog — a fitting name for a super typhoon with winds of 160 miles per hour. Unfortunately, those winds are speeding toward one of the world's most populous cities, [...]
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. [...]
This is a guest post by Phil Edwards. Note from the editor: While this article is not directly about international shipping itself, as most of our posts are, global packaging trends affect [...]
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 [...]
There's good news for U.S. retailers and shippers who import from China, and probably U.S. consumers too, as they prepare for the 2019 holiday season. Many, many items from list 4 of the Section [...]
The U.S.-China trade war, with President Trump's implementation of tariff increases to 25% on Chinese products, has significantly impacted the customs clearance process, obviously. The increased [...]
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 [...]
This is a guest post by Emily Marchant.
Because of the international shipping industry's volatility and the surge of shipments that happened in July of 2018 and lasted until the end [...]
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 [...]